Marcus & Millichap Brokers Sale of 200-Unit Arrowhead Apartments in Palatine

Reuters
Feb 07
Marcus & Millichap Brokers Sale of 200-Unit Arrowhead Apartments in Palatine

Marcus & Millichap Inc. has announced the sale of Arrowhead Apartments, a 200-unit multifamily property in Palatine, Illinois. The property features 160 market-rate units and 40 units under a Housing Assistance Payments contract lasting through 2039. Recently renovated between 2019 and 2021, Arrowhead Apartments offers updated amenities including an outdoor pool, clubhouse, children's play area, and dog park. The seller was a joint venture led by Hispanic Housing Development Corporation, with Artisan Capital Group and Eastham Capital acquiring the property in their fifth collaborative transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on February 06, 2026, and is solely responsible for the information contained therein.

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