(To read more on the multifamily market, click here.)

CHICAGO-Locally based Levin Realty Advisors and Walton StreetCapital, LLC have purchased a nine-property multifamily portfoliototaling 2,730 apartment units from Greenwood Village, CO-basedLaramar Group. The properties, located in Illinois, Minnesota,Missouri and Texas, sold for a combined total of $200 million.

The sole property in Illinois was the 320-unit Hunters Glen inAurora, IL. The properties in Texas include the 400-unit SheffieldSquare in Grand Prairie and the 323-unit Villas of Vista Ridge inLewisville. In Missouri, buyers obtained the 140-unit Quail Runcomplex in Kansas City; the 140-unit Kingsridge Apartments in BlueSpring; and the 251-unit Sandalwood Creek complex in St. Charles.And in Minnesota, properties included the 248-unit Town Centre atLexington in Eagan; the 198-unit Greens at Edinburgh in BrooklynPark; and the 160-unit Plymouth Square in Plymouth.

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