Portfolio of real estate comprised of 23-buildings, 348 apartment units and 23 retail units located near Midway Airport. The buildings sold in excellent condition and the occupancy rate for the residential component was about 94 percent at the time of sale.

CRER Deal Sheet – $21,500,000 Portfolio Just Sold by Steven Rapoport, CCIM: 23-Buildings, 348 Apartments & 23 Retail Units

The Real Deal – Icarus Investment Group secured a $20.3 million bridge loan for the purchase of 23-building portfolio comprising 325 apartment units near Midway Airport, The Real Deal has learned.