Turner Impact Capital Acquires Multifamily Property In Glendale Heights For $137M

Tuner Impact Capital, led by Bobby Turner, has acquired a multifamily property located at 440 Gregory Ave in Glendale Heights. The transaction, completed on February 1, 2022, involved the sale of the property by Rockwell Property, represented by Doug Fisher.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $137,000,000
• Address: 440 Gregory Ave
• Market: Glendale Heights
• Buyer: Turner Impact Capital - Bobby Turner
• Seller: Rockwell Property - Doug Fisher
• Units: 1,155
• Price Per Unit (PPU): $118,615

The sale of this multifamily property marks a significant transaction in Glendale Heights. Turner Impact Capital, under the leadership of Bobby Turner, successfully acquired the property from Rockwell Property, represented by Doug Fisher. With a total of 1,155 units, the property offers ample residential options. The transaction took place for a total amount of $137,000,000, with a price per unit of $118,615.