CEDARst Acquires Multifamily Asset From CRG In Chicago For $34.6M With Brokers Jack Maloney, Brad Smith & Anna Lovell

The asset involved in the transaction is a multifamily property located at 1980 North Milwaukee Avenue in Chicago. The sale price of the property was $34,600,000. The property consists of 132 units, with a price per unit of $262,121. The total square footage is 132,000, resulting in a price per square foot of $262.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $34,600,000
• Units: 132
• Price Per Unit: $262,121
• Square Footage: 132,000
• Price Per Square Foot: $262
• Buyer: CEDARst
• Seller: CRG
• Brokers: Jack Maloney, Brad Smith & Anna Lovell - Cushman & Wakefield

This transaction was facilitated by brokers Jack Maloney, Brad Smith, and Anna Lovell, who represent the parties involved through Cushman & Wakefield. The involvement of these brokers highlights the brokerage firm's role in managing the complexities of the sale in the multifamily market sector.