CoStar: WPD Management Sells 370-Unit South Side Portfolio

By Ben Broghammer One of the largest owners and third-party managers on Chicago's South Side trimmed its holdings in the area with the sale of 21 apartment buildings to an undisclosed buyer for $29 million, or approximately $78,000 per unit. WPD Management noted it...

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by: Brian Rogal, CHICAGO—Investors are always hunting for better yields, and some in the multifamily sector have decided it’s time to establish footholds on Chicago’s South Side. Kiser Group, a Chicago-based multifamily brokerage firm, recently brokered...

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