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MERRILLVILLE, Ind. — CBRE’s Indianapolis/Louisville multifamily team, in partnership with CBRE National Senior Housing, has arranged the sale of Residences at Merrillville Lakes.
Located in Merrillville, near the Illinois border south of Chicago, the active adult community features 356 units averaging 890 square feet.
The seller was an entity controlled by the principals of two Chicago-based companies, Oculus Development and UIRC. The buyer and price were not disclosed.
Steve LaMotte Jr., Dane Wilson, John Sweeny, Aron Will, Garrett Sacco and Scott Bray led the CBRE team.