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Chicago & Midwest  + Greater Chicagoland  + Apartments  | 
Brook Run Apartments and Townhomes Arlington Heights IL

Arlington Heights Apartments Trade from One Local Owner to Another

JLL Capital Markets closed the sale of Brook Run Apartments and Townhomes, a 182-unit, garden-style apartment community in the northwest suburb of Arlington Heights, IL. The firm marketed the property on behalf of the seller, Laramar Group. Redwood Capital Group acquired the asset for an undisclosed sum. 

The JLL Capital Markets investment sales advisory team representing the seller was led by senior director Kevin Girard, senior managing director Marty O’Connell and associate Zach Kaufman.  

“This was an unbelievable opportunity for JLL to work alongside two local Chicago firms on a highly successful transaction,” said Girard. 

Brook Run comprises one-, two- and three-bedroom units averaging 936 square feet. Units offer stainless steel appliances, balcony/patios, dishwasher and in-unit washer and dryer. The community features a clubhouse, swimming pool, patio area with fireplace, barbeque station and fitness center. 

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Inside The Story

JLL's Girard

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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