Boutique Arlington Heights Apartment Complex Sells for $25M
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in November 2026: $2.3B across 23 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
Fort Point Real Estate Partners Buys 59-Building, 928-Unit San Francisco Apartment Portfolio for $440MM
A San Francisco investor less than two years old has bought most of a large apartment portfolio that a lender took back in 2024, about 19 percent below the previous owners’ cost per unit, as the city’s rents rise fast…
Affinius Lends $226M on Newly Completed Brooklyn Rental Tower
Affinius Capital LLC has originated a $226-million loan to refinance 55 Willoughby (marketed as House 55), a Class A, 295-unit, 43-story multifamily property with 3,200 square feet of ground-floor retail located in Do…
Northmarq Arranges $17M Sale, $14M Acquisition Financing for Omaha MF
Northmarq’s Midwest Multifamily Investment Sales team of Parker Stewart, Anthony Martinez, Dominic Martinez and Alex Malzone, with Jim Gibson, brokered the $9.4 million sale of Southfield Apartments. The 84-unit multi…
Boutique Arlington Heights Apartments Sell for $25M
JLL has arranged the $25 million sale of FourNorth Apartments, a 76-unit boutique apartment community in Arlington Heights, Illinois. JLL worked exclusively on behalf of the seller, Benchmark Developers, in the sale o…
Marcus & Millichap Arranges Sale of MF Property in DC’s Tenleytown
Marcus & Millichap completed the sale of Broadcast Apartments, a partially complete multifamily development project in D.C.’s Tenleytown neighborhood. The asset sold for $9.5 million. “This was a very complex, m…
Weidner Apartment Homes Acquires Kirkland Retail Site
An entity affiliated with Weidner Apartment Homes has acquired a retail property in Kirkland that was rezoned last year for dense mixed-use development. The Kirkland-based multifamily investor, headquartered next door…