Trilogy Multifamily Income & Growth Holdings Acquires 138-Unit Multifamily Community in Chicago’s Logan Square Neighborhood

CHICAGO, IL – Trilogy Multifamily Income & Growth Holdings, a Regulation A+ bond offering sponsored by Trilogy Real Estate Group, announced the acquisition of a 138-unit, Class A multifamily community located in Chicago’s famed Logan Square neighborhood.
“We are very excited to have bought the first property within the Trilogy Multifamily Income & Growth Holdings offering,” said Matt Leiter, CFO of Trilogy. “Our capital raise and a rapidly expanding selling group are strong indicators that investors are keenly seeking investments offering attractive current income with upside potential and we believe this property delivers on both fronts.”
The six-tale building was built in 2018 and provides 138 studio, one- and two-bedroom apartment homes and 8,800 square feet of fully occupied ground-floor commercial space. The transit-oriented development is only 300 feet from the nearest Chicago Transit Authority train station.
Along with unobstructed city views available from the property’s rooftop deck, the apartment community offers many amenities uncommon for an asset its size, such as granite countertops, stainless steel appliances, nickel end fixtures and in-unit washers and dryers. Some apartment homes also feature large walk-in closets, private terraces and IOTAS smart home technology. Community amenities include an indoor coworking space, modern fitness center, luxury fireplace, grilling stations, a bocce court and a green roof, among others.
Located in Chicago’s desirable neighborhood of Logan Square, the property sits in the heart of a vibrant community with an abundant collection of dining, entertainment and employment experiences. Some of the notable employers in the surrounding area include Amazon, Eli Lilly, AbbVie and Boston Consulting Group. Residents are also just one mile south of the 606 Trail, a 2.7-mile community trail that brings together arts, history, design, event and green spaces for all residents.
“Chicago is well-known as one of the most vital financial, industrial and cultural centers of the world, with a growth rate more than double that of the United States,” continued Leiter. “This population growth, combined with Logan Square’s high barrier-to-entry, makes this acquisition an extremely compelling community for both residents and investors.”

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Lloyd Jones Expands Senior Housing Footprint With Acquisition of Woodlands at Hillcrest Assisted-Living Community in Nebraska

LINCOLN, NE – Real estate investment firm Lloyd Jones announced the acquisition of Woodlands at Hillcrest, an 89-unit senior housing community in Lincoln, Nebraska. The helped- living and memory-care community is the latest in Lloyd Jones growing portfolio of senior and multifamily assets; the firm expects to close on several additional senior-housing acquisitions within the next few weeks.
Built in 2018, the community is well-appointed with a café and bistro, fitness area, multiple activity rooms, and putting green, plus a separate wing for its memory care residents. It is located within ten miles of four hospitals, six shopping centers, two malls, and the Lincoln Airport.
Woodlands at Hillcrest will be operated by Lloyd Jones Senior Living, the firm s senior housing management division, and rebranded as AVIVA Woodlands. AVIVA is Lloyd Jones collection of senior living assets consisting of new, ground-up developments and recently constructed communities. AVIVA offers residents a maintenance-free lifestyle, personalized services, curated activities, robust health and wellness programs, and state-of-the-art amenities.
While the Nebraska acquisition may represent a new geographical territory for Lloyd Jones, the firm is not new to senior housing; its founder and chairman, Chris Finlay, has been in the industry for more than 30 years.
We re proud to be bringing Lloyd Jones and the AVIVA brand to Lincoln, said Finlay. Our team is excited to show the community what AVIVA is all about—providing best-in-class service, care, and programming for our residents and their families, as we have been doing for decades.

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Polaris Real Estate Partners Acquires 201-Unit Sylvan Thirty Apartment Community in West Dallas Mixed-Use Neighborhood

DALLAS, TX – Arc Capital Partners announced the sale of Sylvan Thirty Apartments, a 201-unit multifamily property located in the West Dallas submarket, to San Francisco-based Polaris Real Estate Partners. The sale to a national buyer shows the strong demand for well-priced apartments in urban mixed-use neighborhoods and validates the work Arc has done to improve the property and make value.
Sylvan Thirty was built in 2015 and is the first mixed-use retail and multifamily development in the West Dallas submarket. The initial development was a public-private partnership that was partially funded with tax increment financing (TIF) incentives, which provided for 20 percent of the units to be set aside for affordable workforce housing. Consistent with its urban strategy, Arc bought the multifamily part of the development in 2017 in partnership with Belay Investment Group.
Since the acquisition, Arc has made multiple investments to continuously upgrade the property and maintain the strong tenant base. The property is LEED-certified and eco-friendly, offering tenants a full suite of walkable amenities. Sylvan Thirty is especially well loved among younger professionals seeking unique urban living experiences, thanks to the immediate access to walkable retailers, as well as its close proximity to trendy neighborhoods including Bishop Arts District and Trinity Groves. Sylvan Thirty is also just a small drive or rideshare from Downtown Dallas and several major transit routes.
We take fantastic pride in being a catalyst for inspiring greater interest and demand for West Dallas, a reversal of historical disinvestment in this community, said Neville Rhone Jr., Co-Founder and Managing Partner of Arc. The sale of Sylvan Thirty validates our strategy of supporting multicultural, urban mixed-use neighborhoods while delivering an enhanced experience that is both eco-sensitive and workforce affordable.
Sylvan Thirty is a one-of-a-kind mixed-use environment that provides attainably affordable apartments and truly walkable amenities for a multicultural cross-section of young professionals, said Quincy Allen, Co-Founder and Managing Partner of Arc. Our investments in common area and unit upgrades were rewarded by incredible tenant retention and improved demand despite initial pandemic setbacks.
Belay is pleased with the outcome from the sale of Sylvan Thirty, said Eliza Bailey, Managing Principal at Belay Investment Group. We are proud of the hard work and dedication by Arc to improve and position this property, resulting in a notable sale that justifies the increased interest in this neighborhood.
Drew Kile of Institutional Property Advisors (IPA) and his team represented Arc. In a separate transaction, a real estate fund advised by Crow Holdings Capital bought the retail part of Sylvan Thirty.

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