US·Acquisition·Multifamily
RIG Capital buys 1,115-unit Pavilion Apartments near O'Hare for $167M
Value
$167M
Location
Chicago, Cook County, Illinois
Date
2026-05-13
Companies
R.I.G. Capital, Brookfield Asset Management
R.I.G. Capital is purchasing the Pavilion Apartments, a five-building, 1,115-unit multifamily community near O'Hare International Airport, from Brookfield Asset Management for $167 million. The complex is located at 5441 North East River Road in Chicago. The transaction is described as the largest Chicago apartment deal of 2026 so far.
chicagomultifamilyacquisition
Source
The Real Deal