Foxford Communities acquired Van Buren Lofts, a 182-unit loft development in Chicago’s popular West Loop, in May 2011. Foxford purchased 52 of the building’s unsold homes, made design improvements within the units, re-positioned the pricing of the homes, and fully capitalized the homeowner’s association fund. Once all of the improvements and changes were in place, the remaining homes at Van Buren Lofts sold within 18 months.
Van Buren Lofts – IL
