Breneman Capital Acquires 52-Unit West Loop Apartment Complex
Breneman Capital has acquired Adams Laflin Place, an apartment community located at 128 S Laflin Street in Chicago, Illinois. Situated in the city’s West Loop neighborhood, Adams Laflin Place was built in 2020 and consists of 52 units, including seven one-bedroom and forty-five two-bedroom floorplans.
The property is located just west of Skinner Park and features luxury condominium finishes and unobstructed views of the Chicago skyline. The building will be managed by Dwelle Properties, a full-service property management firm founded in 2019 by Drew Breneman and Sam Meyer.
Real estate finance and investment company Greystone is providing financing. Breneman Capital has been expanding its footprint in the Chicago multifamily market, and the firm recently purchased Ashland Place, located at 33 S Ashland Avenue, from the Jerry Reinsdorf-backed Michigan Avenue Real Estate Group.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.