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AURORA, IL-TGM Associates LP has inked a deal to purchaseChesapeake Landing, an apartment complex consisting of 600 units at4101 Chesapeake Drive in west suburban Aurora. The New York-basedinvestor purchased the multifamily property from ApartmentInvestment & Management Co. of Denver.
In February, Chesapeake Landing was 94.7% occupied. AIMCO hiredCBRE Inc. to market the property. In March, TGM bought the 576-unitTGM Park Meadows Apartments in Schaumburg for $86.7 million. Forthe full story, go to Crain's Chicago Business .
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