Chicago-based REVA Development Partners announced it has broken ground on a 304-unit luxury rental community in Vernon Hills, The Oaks of Vernon Hills.
Oaks of Vernon Hills slated to open in spring 2014
Sun-Times, November 25, 2013
Construction on a high-end complex of apartments and town homes is well under way in Vernon Hills, after more than a year of talks to finalize plans.
Luxury apartments coming to Wheeling
Daily Herald, August 20, 2013
Wheeling is moving forward on a new 288-unit apartment complex that will cater to young commuters looking to rent luxury living.
Vernon Hills apartment development lands financing
Chicago Real Estate Daily, July 23, 2013
A 304-unit apartment project in north suburban Vernon Hills has a landed a new equity partner and construction loan, clearing the way for work there to begin this month.
The Oaks Project CLOSES on Project Financing… Breaking Ground Soon!
Deutsche Asset & Wealth Management announced today that its real estate investment business (formerly RREEF Real Estate) has closed on The Oaks of Vernon Hills, a development project in Vernon Hills, Illinois, that will construct and lease 304 multi-family units on a 29.5 acre site.
High-end rental community approved for former Kelly’s Day Camp in Vernon Hills
Daily Herald, January 11, 2013
Plans for a luxury rental community on the former Kelly’s Day Camp and surrounding property adjoining Route 45 in Vernon Hills have received an informal OK from the village board.