The Real Deal: Eagle Infinite drops $29M on South Side apartment
CHICAGO, IL – Jaime Nahon isn’t done investing in Chicago’s South Side. His real estate firm has doubled the size of its portfolio after closing a deal with a Los Angeles-based seller.
ShainRealty Capital, led by Jonathan and Elliot Shainberg, sold a 200-unit portfolio across eight buildings in the Bronzeville, Hyde Park and Kenwood neighborhoods to Nahon’s Eagle Infinite Investments for $29 million, people familiar with the deal
It’s at least the second group of apartment buildings in the South Side neighborhoods that have sold for more than $25 million in recent months on deals brokered by Interra Realty’s Lucas Fryman and Ted Stratman.
Read the full article at the Real Deal.
See additional articles on this transaction:
ConnectCRE: ShainRealty Capital Divests 8-Property Kenwood Apartment Portfolio
REBusiness Online: ShainRealty Capital Sells 200-Unit Multifamily Portfolio in Chicago for $28.5M