Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Waypoint Bolsters Midwest Presence with Buys in IL, OH and KS
Waypoint Residential has significantly expanded its presence in the Midwest, with this week’s acquisition of three conventional multifamily properties and one student housing property. The company made its first investment in the region in 2015.
New to Waypoint’s portfolio are Legacy at Poplar Creek, a 196-unit garden-style apartment community in Schaumburg, IL; the 70-unit Two Itasca Place in Itasca, IL; The Attleigh, a 184-unit garden-style apartment community in Columbus, OH; and Rockland West, a 500-bed purpose-built student housing property serving the University of Kansas in Lawrence.
“The Midwest frequently gets painted with a broad brush; however, the region offers many areas of individual pockets of growth and strong market fundamentals,” said Waypoint’s chief acquisition officer, Jeremy Pemberton. “While these acquisitions demonstrate our commitment to Midwest, we have only just begun. We look forward to leveraging the momentum we have achieved thus far.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

Get Chicago News in 150 Words
