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Our Role

RPL provided pre-venture diligence and development oversight services for a private institutional equity partner.

Unique Approach

• Located adjacent to a METRA rail station.
• Depended on site and utilities work by adjacent developer.

Outcomes

• Project completed on time.
• Leased up quickly.

Scope of Work

Development of three-story apartment building wrapped around a precast parking garage. Includes on-site clubhouse, outdoor pool, several private park areas, a putting green, children’s play area, and a dog run.  Located adjacent to a METRA rail station.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Glenview, IL
• Size: 239 units, 3 floors, 238,100 SF
• Timeline: 2013 to 2015
• Services: Pre-venture diligence and development oversight
• Cost: $60 Million