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Real Estate Rumors: Stadt, Sierra Assets, Alto Real Estate

By Andrew McIntyre (July 26, 2016, 5:05 PM EDT) -- A venture that includes Stadt Group Ltd. has sold an apartment complex in Schaumburg, Illinois, to TLC Management for $43.2 million, Crain's Chicago Business reported on Monday. The deal is for Woodbury Place Apartments, which has 300 units and is located at 1010 Knollwood Drive, Crain's said. The seller venture bought the property four years ago for roughly $19 million, according to the report....

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