FPA Multifamily buys 21-story, 270-unit apartment building in Chicago for an estimated $80M ($296,296/unit)

8/9/2024

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Connect CRE

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Highrise

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Goldman Sachs (NYSE: GS)

California-based FPA Multifamily has purchased the 270-unit Vantage Oak Park, located at 150 Forest Avenue, according to Crain’s citing sources close to the deal. The 21-story, 270-unit luxury high-rise building is the suburb’s tallest apartment tower.