In The News | Multifamily and Mixed-Use Portfolio in Chicago’s Hyde Park Sells for $8.7M

Joe Smazal

“In a neighborhood like Hyde Park with lower sale velocity and limited availability of properties on the market, investors often are forced to build a portfolio through the acquisition of one or two buildings at a time,” said Smazal. “This deal represented the rare opportunity for the buyer to purchase a portfolio of several properties in a single transaction, clustered around a central location.”

Read Article: REjournals