/

|

|

Key Points
Bender Companies and Eastham Capital bought the 509‑unit Element workforce housing complex in Mount Prospect near Chicago for $75.3 million, an increase from its 2017 purchase price of $68 million.
The buyers financed the deal with a $60.8 million Fannie Mae loan.
Bender and Eastham remain active players in the suburban Chicagoland apartment market, recently acquiring a Hoffman Estates complex for $75.8 million.