Yield Pro: Interra Realty arranges $2.9 million multifamily sale in Chicago’s Avondale neighborhood
Brad Feldman, senior managing partner, represented the undisclosed seller of this Avondale building. Joe Smazal, also a senior managing partner, represented the confidential buyer, a local real estate operator with an established and growing portfolio in the submarket.
Feldman’s relationship with the building goes back to 2014 when he represented the current seller in purchasing it for $2 million, which means his client realized almost a 50 percent gain on the property in six years.
Read article: Yield Pro