Wednesday, April 10, 2013

HFF closes sale of and arranges financing for luxury multi-housing community in suburban Chicago, IL


AMLI at Oakhurst North Apartments, Aurora, IL



CHICAGO, IL – HFF announced today that it has closed the sale of and arranged financing for AMLI at Oakhurst North, a 464-unit, Class A multi-housing community in Aurora, Illinois.

Mona Carlton
HFF marketed the property on behalf of the seller, AMLI Residential Properties Trust.  Abacus Capital Group LLC purchased the property for an undisclosed amount.  HFF also placed financing for Abacus through Freddie Mac’s (Federal Home Loan Mortgage Corporation) CME Program. 

Matthew Lawton
Located at 2800 AMLI Drive, AMLI at Oakhurst North is close to the Westfield Fox Valley Mall and Interstate 88 in the Naperville/Aurora submarket in Chicago’s western suburbs. 

The property consists of two- and three-story residential buildings with one- and two-bedroom units averaging 1,012 square feet each. 

Sean Fogarty
Community amenities include an indoor lap pool as well as an outdoor pool, 24-hour fitness center, business center, picnic area and tot lot. 

The HFF investment sales team representing the seller was led by executive managing director Matthew Lawton along with managing directors Sean Fogarty and Marty O’Connell. 

Marty O'Connell
HFF’s debt placement team representing the buyer was led by senior managing director Mona Carlton. 

For a complete copy of the company’s news release, please 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 | www.hfflp.com

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