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Eastham Capital, a private equity real estate firm and a sponsor of multifamily private real estate offerings, announced the $23.2 million disposition of Central Park Apartments, a 220-unit apartment community, located in Park Forest, a south suburb of Chicago.

The property was acquired for the portfolio of Eastham Capital Fund V, LP, in partnership with Bender Companies in September 2019. Central Park Apartments was the second collaboration between Eastham and Bender. To date, the partners have co-invested in 10 properties together.