Berkadia Arranges Sale of Tailor Lofts Near the University of Illinois at Chicago

Chicago — Berkadia has arranged the sale of Tailor Lofts, a 441-bed student housing community located near the University of Illinois at Chicago and Rush University. The property offers studio, two- and four-bedroom, fully furnished units. Shared amenities include a 24-hour fitness center, doorman, computer center, clubhouse, conference room, game room, tanning dome, laundry center and a study lounge. Kevin Larimer and Greg Gonzalez of Berkadia completed the sale on behalf of Blue Vista Capital Management. Ed Kim and Jie Lee of Berkadia also arranged acquisition financing on behalf of the buyer, NB Private Capital. Terms of the sale were undisclosed.

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