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Sign in Sign up for a FREE subscriptionEastham Capital Fund VI acquires 75% stake in premier mixed-use community in Illinois
Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, announced the acquisition of a 75 percent ownership interest in The Landing at Town Center, a premier mixed-use community in Vernon Hills, Ill.
Eastham Capital has invested through its current fund, Eastham Capital Fund VI. The acquisition also includes a significant renovation budget. Chicago-based Bender Companies, who has partnered with Eastham Capital on multiple projects, will manage the property and oversee its enhancements.
“We are thrilled to be partnering again with Bender in The Landing at Town Center,” said Matthew Rosenthal, founder and managing partner at Eastham Capital. “This transaction reaffirms our ongoing commitment to high-quality investments in thriving markets. This property’s prime location, robust local economy and strong tenant demand align perfectly wit