Skip to content

Trilogy Real Estate Group Buys Multifamily Property Near Chicago

Trilogy Real Estate Group, a sponsor of private placement investment offerings, has purchased Park 205 near Chicago.

Trilogy Real Estate Group, a sponsor of private placement investment offerings, has purchased Park 205, a 115-unit Class A multifamily property in the Chicago suburb of Park Ridge, Illinois.

Park 205 is comprised of one-, two- and three-bedroom apartments and includes in-unit washers and dryers, walk-in closets, and other amenities. Property amenities include a fitness center, a heated pool and sundeck, poolside grills, a firepit, access-controlled gates and temperature-controlled indoor parking. The property is located adjacent to a Whole Foods and is within walking distance of the Uptown district.

“Our investment experience across multiple cycles, combined with the span of our platform enables us to uniquely identify opportunities like Park 205,” said Trilogy chief investment officer Jesse Karasik. “Strong suburban nodes like Park Ridge are of keen interest. Park 205 is a boutique property that is highly amenitized, providing for long term differentiation.”

Trilogy Residential Management will manage the property.

Trilogy Real Estate Group is a vertically integrated real estate investment and property management firm with a focus on multifamily apartments and commercial real estate. Since 2002, the principals of Trilogy have completed more than $4 billion in transaction volume, including $670 million of acquisition and financing activity in 2020.

Click here to visit The DI Wire directory page.