Will Hunter & Evan Meador Of Continuum Capital Acquire Development Site In Evanston For $31.2M

The property involved in this transaction is a development site located at 900 Clark Street in Evanston. It was purchased by Continuum Capital for a sale price of $31,200,000. The total square footage of the site is 145,000, resulting in a price per square foot of $215.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $31,200,000
• Buyer: Will Hunter & Evan Meador - Continuum Capital
• Seller: Mitch Goltz - GW Properties
• Lender: Jeff Brown - T2 Capital
• Square Footage: 145,000
• Price Per Square Foot: $215

This transaction highlights the roles of key individuals and organizations involved. Will Hunter and Evan Meador represent Continuum Capital as the buyers, while Mitch Goltz represents GW Properties as the seller. Jeff Brown serves as the lender from T2 Capital, providing a $26.5 million loan to facilitate the acquisition, which supports a planned 27-story, 358-unit apartment redevelopment project pending city approval.