Marquette Property Investments, Inc. of Romeoville acquiredHunter's Ridge at $61,274 per unit from St. Louis-based MREF IIProperty III, LLC, which began a renovation of the property thatwill be finished by the new owner. A condo converter boughtMorningside on the Green from Schaumburg-based Western ManagementFinancial.
Ralph DePasquale and Bill Montana of Hendricks & Partnersrepresented MREF II Property III, LLC. Lee Kiser of Marcus &Millichap Real Estate Investment Brokerage Co.'s Kiser Group andJames Walsh represented Western Management Financial innegotiations with Nicholas Manganais, another Marcus &Millichap broker.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
