• Slide title

    Write your caption here
    Button

  • Slide title

    Write your caption here
    Button

Office building in Chicago originally constructed to house a shoe factory; conversion to residential; adaptive reuse strategy with historical tax credit.


West Erie

River North Office Loft Conversion
DATE PURCHASED: MAY 2025
PURCHASE PRICE: 6.85M
TOTAL PROJECT BUDGET: 11.5M
UNITS: 70
DEAL LEVEL RETURN : 34.9% IRR + 2.93 EQM