Chicago, IL (July 5, 2023) – Quantum Real Estate Advisors, Inc. has brokered the sale of a 24-unit multi-family property located at 362-412 Amphitheater, Rockford, IL. The buyer, a local investor, worked with Quantum to facilitate this transaction because of Quantum’s strong experience in getting deals to the finish line in an ever-changing market. Quantum led an extensive due diligence process and courted several lenders to match the buyers’ needs.
Mr. Maxfield had the following comments regarding the transaction, “362-412 Amphitheater was an excellent opportunity for an investor to acquire a high-end product with tremendous rental upside. We were able to maintain momentum during the tumultuous times we are experiencing in the debt markets by working hand-in-hand with several local lenders to help achieve the buyers’ projected returns. The new owner will add these 24 units to his portfolio of over 800 units in Rockford.”
Quantum Real Estate Advisors, Inc. (www.QREAdvisors.com) specializes in investment sales brokerage, assisting clients in the acquisition and disposition of commercial real estate. Quantum has the capacity through strategic alliances to offer full-service leasing brokerage, receivership, management, and financing.