Crain’s Chicago Business FPA Multifamily has paid $89 million, or $292,763/unit, for West77, a 304-unit apartment property in Chicago. The San Francisco investment manager purchased the property from L&B Realty Advisors of Dallas, which had acquired it in 2011 for $90 million. Newmark brokered the latest deal. The 25-story property, at 77 West Huron St., […]
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