Bender Companies And Eastham Capital Acquire Fox Run Apartments In St. Charles For $32 Million

The property asset involved in the transaction is a multifamily complex known as Fox Run Apartments, located at 145 Walnut Drive in St. Charles, Illinois. The sale price for this 220-unit property was $32,000,000, resulting in a price per unit of approximately $145,455.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Units: 220
• Price per Unit: $145,455
• Buyer: Kurt Bender - Bender Companies; Matthew Rosenthal & Zach Dovner - Eastham Capital
• Seller: Josh Mondry - M Group; RUME USA

Bender Companies will manage the property and oversee renovations to more than 80 units, which will include improvements such as in-unit laundry and upgrades to common areas, parking, landscaping, and security. This transaction marks the 14th partnership between Bender Companies and Eastham Capital.