Crain’s Chicago Business Albion Residential has paid $139.3 million, or $227,614/unit, for Bourbon Square, a 612-unit apartment property in Palatine, Ill. The Oak Brook, Ill., investor acquired the property from Broadshore Capital Partners of Los Angeles, formerly Lowe Enterprises, which had purchased it in 2014 for $97 million. Newmark brokered the latest transaction. The purchase […]
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