Multifamily

CHICAGO — Essex Realty Group Inc. has arranged the $7.5 million sale of a 12-story apartment building in Chicago’s Uptown neighborhood. Situated on the northeast corner of Kenmore and Lawrence avenues, The Lawrence House includes 371 apartments and five commercial spaces. The Lawrence House is currently marketed to adults over 65. Each apartment is furnished and includes weekly maid service that provides clean linens and light cleaning. Doug Imber, Matt Welke and Doug Fisher of Essex represented the buyer and seller, private investors, in the transaction.

CHICAGO — Essex Realty Group Inc. has arranged the $4.8 million sale of 1832-42 N. Humboldt, a 45-unit multifamily building located in Chicago’s Logan Square neighborhood. The property includes 31 one-bedroom units and 14 two-bedroom units. Doug Imber and Kate Varde of Essex were the brokers in the transaction. Jill Sickle of Hanover Hamilton Investments purchased the property.

KANSAS CITY, MO. — Terracap Investments Inc. has acquired Shadow Creek Apartments in Kansas City. Diversified Asset Management Co. sold the 231-unit apartment community, which was 93 percent occupied at the time of sale. The purchase price was undisclosed. Shadow Creek, located at 5417 E. 96th Place, includes 13 apartment buildings, a clubhouse and a maintenance garage. Aaron Mesmer of Block Real Estate Services represented Diversified Asset Management Co. in the transaction. Michael Block, also of Block Real Estate Services, represented Terracap Investments.