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Highlights
Osso Capital sold the 730-unit Woodlands of Crest Hill Apartments in Crest Hill for $110 million to Bayshore Capital Partners, the marquee deal in a recent surge of activity.
The sale contributed to over 1,400 suburban Chicago multifamily units trading just last week, highlighting the market's "scorching start" in January.
Other notable suburban multifamily transactions included the sales of The Arrowhead Apartments in Arlington Heights, The Fox Pointe Apartments in Aurora and The Carriage Creek Apartments in Richton Park, suggesting continued momentum for the Chicago-area suburbs due to a favorable political and property tax atmosphere compared to the city.