JVM Realty Corp., a leading multifamily real estate investment and property management firm, has recently acquired Ellison Apartments in Des Plaines, Illinois. The newly constructed luxury apartment community features 113 units and is located at 1555 Ellinwood Avenue.
According to Jay Madary, President and CEO of JVM Realty Corp., this acquisition aligns perfectly with the company’s investment approach which prioritizes quality living for residents while providing exceptional value for partners. The property offers studio, one-bedroom, and two-bedroom layouts with modern amenities such as a pool, work pods, coffee bar,and business center. Additionally,the first floor will feature retail space.
The deal was brokered by CBRE whose Executive Vice President John Jaeger described Ellison Apartments as an exceptionally well-built boutique multi-family asset with top-notch amenities. This marks the ninth Illinois property in JVM’s current portfolio which exceeds $1.5 billion in the greater Midwest region.
Overall,this latest acquisition showcases JVM Realty Corp.’s commitment to expanding their presence in high-quality markets across the country through strategic investments that benefit both residents and partners alike.
