Catalyst Property Solutions Acquires Fairview Heights Multifamily For $19.5M

21 Northbrook Cir. in Fairview Heights, IL, has been sold in a recent transaction. The multifamily property was purchased by Catalyst Property Solutions from Trimont Real Estate Advisors. The sale was facilitated by Transwestern Real Estate Services and Balke Brown Transwestern, with Mike McGaughy, Jon Kleinberg, and Mike Donovan serving as the brokers in the deal. The property consists of 249 units and was sold for a price of $19,500,000, resulting in a per-unit price of $78,313.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,500,000
• Address: 21 Northbrook Cir., Fairview Heights, IL
• Market: Fairview Heights, IL
• Buyer: Catalyst Property Solutions
• Seller: Trimont Real Estate Advisors
• Brokers:
  • Transwestern Real Estate Services - Mike McGaughy & Jon Kleinberg
  • Balke Brown Transwestern - Mike Donovan
• Units: 249
• Per-Unit Price: $78,313

The sale of 21 Northbrook Cir. was managed by brokers from Transwestern Real Estate Services and Balke Brown Transwestern. Mike McGaughy, Jon Kleinberg, and Mike Donovan played key roles in facilitating the transaction. Catalyst Property Solutions acquired the multifamily property from Trimont Real Estate Advisors for a total price of $19,500,000. The property consists of 249 units, resulting in a per-unit price of $78,313.