Trilogy Real Estate Group Completes DST Offering of Class A Multifamily Property outside Chicago

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CHICAGO, Nov. 1, 2021 /PRNewswire/ — Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, announced today that its Park 205 DST has been fully subscribed. $25.4 million in equity proceeds from the offering, along with approximately $28.1 million in debt financing, was used to acquire Park 205, 115-unit, luxury multifamily community in Park Ridge.

Trilogy Real Estate Group logo (PRNewsfoto/Trilogy Real Estate Group)

“Our expansive network continues to provide us with opportunities to acquire recession-resilient properties in strong suburban nodes like Park Ridge,” said Matt Leiter, Chief Financial Officer for Trilogy Real Estate Group. “We are pleased that our investors are positioned to benefit from ownership of quality multifamily real estate.”

Located at 205 Touhy Avenue, Park 205 offers a mix of one-, two- and three-bedroom apartment homes. The spacious units are stylishly appointed with hardwood or vinyl…

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