Aimco sells Chicago portfolio for $455M

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: Aimco continued the process of liquidating its holdings by going under contract to sell a seven-property portfolio in Chicago to LaTerra Capital Management, in partnership with Respark Residential, for $455 million, according to a Dec. 15 press release. The buyer has completed due diligence and provided a nonrefundable deposit that will, under t ...