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Bender Companies Acquires Burbank Multifamily From Advantage Management For $20.5M

97 Pinehurst Court
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This MultiFamily property located in IL was sold for $20,500,000 over 1 year ago.

The multifamily property located at 97 Pinehurst Ct in Burbank has been sold. The transaction was completed on 07/11/2022, with a sale price of $20,500,000. The property consists of 173 units, resulting in a price per unit of $118,497. The buyer of the property was Bender Companies, represented by Kurt Bender. The seller was Advantage Management.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $20,500,000
  • Units: 173
  • Price Per Unit: $118,497
  • Buyer: Bender Companies - Kurt Bender
  • Seller: Advantage Management
  • Market: Burbank

The buyer, represented by Kurt Bender from Bender Companies, acquired the multifamily property from Advantage Management. The transaction represents a significant investment in the Burbank market.

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Deals
  • Location
    97 Pinehurst Court, Burbank, Illinois 60459, United States97 Pinehurst Court, Burbank, Illinois 60459, United States
  • Sale Price
    $20,500,000$20,500,000
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

SALE IMAGE: Kurt Bender DATE: 07/11/2022 ADDRESS: 97 Pinehurst Ct MARKET: Burbank ASSET TYPE: Multifamily BUYER: Bender Companies - Kurt Bender SELLER: Advantage Management SALE PRICE: $20,500,000 UNITS: 173 ~ PPU: $118,497

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