Mack Sells 93 Rental Homes In South Suburbs To Arizona Investor

March 12, 2013

Another month and another big sale for Taylor Johnson client MACK Cos. The REO-to-rental market continues to boom in Illinois and MACK is uniquely positioned to lead the way. The firm recently closed on the sale of 93 rental homes to American Residential Properties, an Arizona-based REIT, for $12.2 million. This is the second transaction between the two firms, the last being a $28 million sale in December.

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