Eastham Capital, Bender Companies Acquire Suburban Chicago Residential Property

Eastham Capital has acquired the Fox Run Apartments, a 220-unit community in St. Charles, Illinois, within Chicago’s western suburban market.

South Florida-based Eastham Capital acquired the community through its fund, Eastham Capital Fund VII, LP, with its operating partner, Bender Companies. “We are thrilled to acquire Fox Run as we continue expanding our footprint in the highly desirable Chicago market,” said Matthew Rosenthal, founder and managing partner of Eastham Capital.

Fox Run Apartments presents a compelling value-add opportunity in one of suburban Chicago’s fastest-growing markets. Following recent capital improvements, the business plan calls for additional upgrades across more than 80 apartment homes. Originally constructed in 1973, Fox Run is a four-building, loft-style community offering a mix of one-, two- and three-bedroom floor plans ranging from 650 to 1,430 square feet. The property is located 1.5 miles from downtown St. Charles and approximately three miles from the Geneva Metra station.

Stay ahead of the multifamily market at Connect Apartments. Gain firsthand insights from industry leaders on capital markets, development, operations, financing, and investment trends while expanding your network with the people making deals happen. See you on September 22!