Jvm realty corp. acquires luxury apartment community in chicago's western suburbs

Chicago , jan. 30, 2023 /prnewswire/ -- jvm realty corp., a leading vertically integrated multifamily real estate investment and property management firm, announced today it has acquired courthouse square, a 149-unit class a apartment community 25 miles west of chicago in the suburb of wheaton. "apartment communities of this caliber are in high demand given the strong employment fundamentals and high barriers to entry for home ownership," said jay madary, president and ceo of jvm realty corp. "the acquisition of courthouse square fits our long-term strategy of pursuing investments where we can leverage our local experience and extensive operating platform to enhance performance, using disciplined underwriting to reflect current and projected market conditions.
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