In The News | This Week’s Deal Sheet – NHS Portfolio
Interra Realty’s David Goss, Jon Morgan and Lucas Fryman brokered the $7.8M sale of a 14-building, 289-unit portfolio of affordable apartments in Chicago’s Austin, East Garfield Park, West Humboldt Park and North Lawndale neighborhoods on the West Side, and in Roseland on the South Side. The buyer, Chicago-based real estate investment firm Villa Capital Partners, purchased the portfolio from Chicago-based nonprofit NHS Redevelopment and plans to spend about $3M to renovate the properties, which will remain affordable under a seven-year contract with the city. VCP has managed the portfolio since December 2015 and will continue to do so as owner.
Read article: Bisnow