CBRE negotiates sale of Hoffman apartments

HOFFMAN ESTATES - CBRE recently represented Greenwood Capital Investment LLC in the sale of Autumn Chase Apartments, a 550-unit multifamily property in Hoffman Estates.

Terms of the sale were not announced.

Autumn Chase contains a unit mix of studios, 1-bedroom 1-bath, 2-bedroom 1-bath and 2-bedroom 1.5-bath apartments. The community features an outdoor pool with a sun deck, a tennis court, a clubhouse and multiple barbecue areas. The property was completed in the early 1970s.

John Jaeger and Dan Cohen of CBRE represented Greenwood Capital Investment in the sale to Chicago-based Tricap Acquisitions, LLC.