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| Photo by CoStar Group |
By: Alby Gallun | Feb 17, 2016 | Crain's Chicago Business
Institutional investors keep gobbling up new downtown apartment buildings as fast as developers can build them. Zurich Insurance Group is the latest to pounce, recently agreeing to buy Gateway West Loop, a 167-unit apartment project at 11 S. Green St. that opened in July, according to people familiar with the transaction. The Swiss insurer is buying the property from Miami-based developer Lennar, which hasn't even finished filling up the building. Read More...
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