Brian Pohl, executive vice president, and Tyler Hague, associate, both with the Multi-Family Advisory Group of Colliers International | Chicago, have completed the sale of South Lake Apartments, a 96-unit apartment complex at 2730 Townway Road in Danville.
Pohl and Hague represented the seller, an institutional real estate owner.
The purchaser was Fairlawn Capital. Fairlawn Capital is a Champaign, Ill.-based asset manager and investor in distressed and value-add opportunities in the Midwest. This is Fairlawn Capital’s first investment in Danville. They closed on the purchase of South Lake Apartments on Aug. 9.
