DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) completed the acquisition of Roselle Luxury Apartments, a 72-unit apartment community located in Roselle, Illinois. DMG Capital partnered with JDI Realty (JDI) and The Wolcott Group, two Chicago-based real estate investment firms, to acquire the property. Roselle Luxury Apartments has been professionally managed by DMG since September 2022, and DMG will continue to both manage and now lease the property, through DMG Leasing, post-acquisition.
Roselle Luxury Apartments consists of 72 units that are all two-bedrooms and two full bathrooms with a mix of floor plans. Residents enjoy an apartment community with large units all with contemporary luxurious finishes. Residents also have access to green space, the Roselle’s downtown and Metra station, making it easy to commute to the city. Additionally, there are plans for residents to get access to bundled services including internet.
Chicago suburbs continue to be a destination for renters looking to have apartments that are spacious, high-end finishes, accessible green space amenities while providing maintenance free living. Roselle Luxury Apartments delivers on all of these resident interests enabling the community to be well-positioned for continued success.
