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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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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PROVIDENCE, RI – BLVD Communities announces the redevelopment of Braeburn and Chatham Apartments, a 91-unit affordable housing community located in Providence, Rhode Island.
Braeburn and Chatham Apartments consist of 4 locations, all within a 1.5 mile radius – a 21-unit two-tale building, 24 townhomes, a 6-unit three-tale building and a 40-unit three-tale building. The overall unit mix consists of 1, 2 and 3 bedrooms. The townhomes are unique in particular as they are two-tale masonry buildings that were originally constructed circa 1863-1864 by the Wanskuck Company to house company workers. The buildings are considered historic properties that contribute to the Wanskuck Mill Village Historic District, which is listed in the National Register of Historic Places.
All of the site exteriors will be renovated with a new fresh look with the exception of the townhomes which will maintain the existing historic fabric of the buildings. The building systems will be modernized with a focus on increasing energy efficiency. Each resident’s home will be upgraded with new kitchens, bathrooms, flooring, paint and LED lighting. The renovation will also include new amenities such as a business center, dog park, BBQ and picnic areas.
BLVD’s Managing Principal, Robert Budman, states, “It is exciting to kick off our first affordable housing redevelopment in the State of Rhode Island. We are grateful for RIHousing’s help in bringing this project to fruition, and look forward to more projects within the state in the future.”
“Preserving the existing housing stock of affordable rental homes is critically vital for Rhode Island and its residents,” said Carol Ventura, RIHousing’s Executive Director. “The acquisition and rehabilitation of two existing affordable developments will provide residents with both interior and exterior improvements and systems upgrades, while also positively contributing to surrounding neighborhoods. And importantly, the affordability of these rental homes has been extended for another 40 years.”
The redevelopment of Braeburn and Chatham apartments will have a positive impact on the community by preserving its affordability for individuals and families who fall in an income range between 30% and 60% of the area’s median income. All units are covered by a Section 8 Housing Help Program (HAP) contract and the Low-Income Housing Tax Credit (LIHTC) requirements will keep the property available for income eligible residents through 2061.

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