Will these West Loop apartments fetch $80 million?

Photo by CoStar Group

By: Alby Gallun | Oct 22, 2015 | Crain's Chicago Business

The developer of a new West Loop apartment project has put up the “For Sale” sign well before taking down its “For Rent” sign. A joint venture led by Miami-based homebuilder Lennar hired the Chicago office of HFF to sell the Gateway West Loop, a 167-unit development at 11 S. Green St., according to a marketing flier about the property. The building is just 65 percent leased, but it's filling up fast, with the first residents having moved in in July. Lennar also has picked a great time to sell the... Read More...