Real Estate Rumors: JVM, Global Holdings, Lennar

Law360 (October 10, 2019, 8:00 PM EDT) -- Real estate investment firm JVM Realty has purchased a luxury apartment complex in La Grange, Illinois, Crain's Chicago Business reported on Thursday. The deal is for Uptown La Grange, which has 254 units, and the seller is Minneapolis developer Opus Group, according to the report. Opus Group recently built the property, after landing $45.8 million in financing from SunTrust Bank in late 2015, Crain's said.

Asset management shop Global Holdings Management Group has paid nearly $400 million for a New York luxury apartment tower, Commercial Observer reported on Thursday, citing sources with knowledge of the matter. The deal is for 10...

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