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Cushman & Wakefield Brokers $26.4M Sale of Build-to-Rent Community in Matteson, Illinois
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Cushman & Wakefield Brokers $26.4M Sale of Build-to-Rent Community in Matteson, Illinois
MATTESON, ILL. — Cushman & Wakefield has brokered the $26.4 million sale of The Manors at Brookmere, a 108-unit build-to-rent (BTR) community in Matteson, a southern suburb of Chicago. Homebuilder Lennar developed the property in 2016. The transaction represents one of the first sales of a stabilized BTR community in Chicagoland, according to Cushman & Wakefield. Brad Smith, Jack Maloney and Anna Lovell of Cushman & Wakefield represented the sel…
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