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People on the Move
Midloch, a real estate investment firm specializing in JV Equity investments, announced the hiring of two team members located in Midloch's Chicago Office.
Midloch buys Laurel Apartments
Midloch Investment Partners, in a joint venture between Corner Lot Advisors, has acquired Ashbury Courts, a 156-unit multifamily building in Laurel, MD., for $35 million.
Midloch sells Villa Medici
Midloch Investment Partners and Artisan Capital Group have sold Villa Medici Apartments and Townhomes for $43.6 million. Midloch and ACG acquired the property in August 2020 after initially contracting to buy it in February 2020 as Covid was taking hold. The purchase price was $25 million.
Marquette REAP fund closes first deal
Juniors in Marquette University’s Real Estate Asset Program seemed a little shocked when director Vito Taphorn during their first class handed out specs on an actual property, and asked for opinions on whether they should buy it.
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