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FRONTLINE SELLS $13.5 MILLION MULTIFAMILY PORTFOLIO IN CHICAGO

Published on October 20th, 2016

CHICAGO, IL–(October 20, 2016) – Frontline Real Estate Partners has closed the sale of a portfolio of three multifamily buildings on Chicago’s north side. The portfolio, which totaled 232 apartments and eight storefronts, was sold for $13,500,000. After multiple offers were procured, the property went under contract and closed within 33 days thereafter. Frontline represented a bank client on the sale and sold the portfolio to a local real estate company.

About Frontline Real Estate Partners

Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise in the acquisition, management, disposition, and leasing ofcommercial real estate properties throughout the United States.Founded in 2010, Frontline invests in value-add properties and provides transactional and advisory services to banks, financial institutions, and owners with a focus on the real estate restructuring industry.

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Frontline Real Estate Partners, LLC

477 Elm Place
Highland Park, IL 60035

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(847) 780-8065

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