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Chicago & Midwest  + Midwest  + Student Housing  | 

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.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).

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