JVM Realty Forms Joint Venture with DRA Advisors to Acquire 340-Unit Multifamily Property in Plainfield, Illinois
JVM Realty Corp. has entered a joint venture with DRA Advisors to acquire Enclave at 127th, a 340-unit multifamily property in Plainfield, Illinois. The property has been in JVM Realty's portfolio since 2014 and is expected to undergo renovations and amenity upgrades. The partnership is part of JVM Realty's strategy to expand its investment platform through institutional collaborations.
Topics: acquisition joint venture multifamily housing property management real estate