News

July 30, 2015
JeffJack Apartments Sold

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of JeffJack apartments (“JeffJack” or the “Property”) on July 30, 2015 to LaSalle Investment Management. Atlantic Creek participated in the project through a preferred equity investment over a hold period of 19 months.

The property is located in the West Loop of Chicago, IL and is well positioned at the corner of Jackson Boulevard and Jefferson Street. JeffJack was the development of a 190-unit, 15-story apartment building.

Atlantic Creek, with offices in New York, NY, Palm Beach, FL, and Los Angeles, CA, targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate primarily located on the East and West Coasts of the U.S., Texas and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.