CHICAGO, IL –HFF announced it has closed the sale of the final property of a six-property,
1,292 unit multi-housing, senior housing and hotel portfolio in the Chicagoland
area.
HFF marketed the property on behalf of the seller, IRMCO
Properties & Management Corporation.
The six properties were purchased in five separate transactions during
2011 and 2012.
Individual property and sale details are listed below:
Property
Address Unit
Size
The Belden-Stratford 2300 Lincoln Park West, Chicago 297 Units
Flamingo Apartments 5500 South Shore Drive, Chicago 167 Units
The Seneca 200 East Chestnut, Chicago 264 Units
Sovereign Apartments 1040 West Granville Avenue, Chicago 283 Units
Versailles Apartments 5254 S. Dorchester Avenue, Chicago 96 Units
North Shore Retirement Hotel 1611 Chicago Avenue, Evanston 185 Units
The HFF team representing IRMCO Properties & Management
Corporation was led by executive managing director Matthew Lawton (top right photo), managing directors Sean Fogarty (top left photo), Marty O’Connell (middle right photo), Danny Kaufman (lower left photo), and Ryan Maconachy, Director Chad Lavender and senior managing
director Dan Peek.
IRMCO Properties & Management Corporation is recognized
for its management of some of Chicago’s most renowned properties. These properties are located along Chicago's
famous lakefront, where IRMCO has established its reputation for operating hotels,
apartment buildings and retirement communities since 1951.
Contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |
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