Pangea 9 Apartment Portfolio

Location: Chicago, IL
Type: Multifamily
Price: $ 10,000,000

Pangea 9 Apartment Portfolio is comprised of 15 non-contiguous, apartment buildings with a total of 261 residential units in Chicago, IL. The Portfolio includes 15 buildings located in the densely populated residential communities on the West Side (three of the Properties) and the South Side (eleven of the Properties) of Chicago, and one Property located in Riverdale (21 miles south of the Chicago CBD). SMC has provided a $10,000,000 first mortgage. Pangea acquired the Properties all cash.