/

|

|

Key Points
Bender Companies sold a Carol Stream apartment complex for $54 million ($184,000 per unit) to Denver-based Highlands Vista Group.
Bender Companies had purchased the property for $37 million in 2022.
Highlands Vista Group specializes in long-term multifamily investments and found the Du Page County property attractive due to a low supply market, steady population, and strong job growth.
The suburban Chicago multifamily market is performing well, in contrast to other regions like the Sun Belt.