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Origin Investments Adds Monroe Aberdeen Place to its Portfolio

Origin acquired the property on behalf of its IncomePlus Fund from Michigan Avenue Real Estate Group, the original developer of the property. Chicago-based multifamily brokerage firm Kiser Group represented Origin Investments in the off-market transaction.

Monroe Aberdeen Place was developed in 2018. Monroe Aberdeen Place was developed in 2018.

CHICAGO—Locally-based Origin Investments has acquired the 120-unit Monroe Aberdeen Place apartment building in the West Loop here for $65.8 million.

Origin purchased the property on behalf of its IncomePlus Fund from Michigan Avenue Real Estate Group, the original developer of the property.  Michael D’Agostino, senior director with Chicago-based brokerage firm Kiser Group, represented Origin Investments and the seller in the off-market transaction.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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