University Park

University Park, IL · Real Estate
multifamilyaffordablehousing.com
Newmark Arranges Sale of Ashford at Geneva in Chicago Suburbs
GENEVA, ILL. — Newmark has arranged the sale of Ashford at Geneva, a 226-unit community in Geneva, about 37 miles west of Chicago. Newmark’s Susan Lawson, Liz Gagliardi and Chuck Johanns represented the seller, an investment entity controlled by Oak Residential Partners. The buyer was an affiliate of Equus Capital Partners. The property was approximately 97 percent occupied at the time of sale. Ashford at Geneva features one- and two-bedroom apartments averaging 962 square feet. Amenities include a resort-style pool, outdoor grilling area, clubhouse, fitness center and business center. The pet-friendly community also offers on-site management and maintenance, valet trash service and private garage options.
connectcre.com
yieldpro.com
Essex Three-Twelve’s Mitir Patel Represents Buyers in Six Chicago Multifamily Transactions
Essex Three-Twelve, LLC, a Chicago-based multifamily investment sales brokerage, announced that Director Mitir Patel represented buyers in six multifamily transactions totaling $8,775,000 in sales volume between October 14 and November 6, 2026. The acquisitions encompassed 31 residential units and reflect continued buyer activity across Chicago’s smaller multifamily investment market.