/

|

|

Highlights
Alex Rodriguez’s firm, Monument Capital Management, sold a 222-unit apartment complex at 1450 South Busse Road in Mount Prospect for $30 million to Rolling Meadows-based investor Vladimir Novakovic.
This sale follows Monument's earlier sale of a 509-unit apartment building at 1550 Dempster Street in the same suburb for $75 million in December.
Both deals were profitable for the firm, which is likely seizing on the strong momentum in Chicago's suburban multifamily market.