Acquisitions & Dispositions

AMLI will consider acquisition opportunities, through either single-asset or multi-asset portfolio transactions, within its current markets and selected additional markets. There is no limitation on transaction size; however, single-asset purchases will typically range from $10 to $50 million.

The company seeks well-built, well-located garden, mid-rise or high-rise construction containing a minimum of 200 units, although 300 or more units are preferred. AMLI requires that properties be designed to appeal to the upscale segment of the multifamily market with modern and attractive interior finishes, such as nine-foot ceilings, decorative moldings, quality kitchen cabinets and appliances, larger closets and bathrooms and washer/dryers (connections), and amenities such as business and multimedia centers, fitness facilities, swimming pools and covered parking.

Capitalization rates, IRR requirements and other financial considerations vary depending on real estate and capital market conditions, product type and location, perceived risk and portfolio objectives.

AMLI typically sells properties that are generally between seven and 12 years old, representing a holding period of between five and 10 years from their initial purchase or development stabilization date.

AMLI currently operates in the following four regions and nine markets:

Please direct submissions or inquiries to the following people who are responsible for AMLI’s acquisition and disposition activities in the following markets:

Inquiries concerning new markets should be directed to the transaction officer shown above whose market responsibilities are closest to those of the new market opportunity.

Other inquiries may also be made to:

Allan Sweet AMLI Residential 125 South Wacker Drive Suite 3100 Chicago, IL 60606

Phone: (312) 984-2602 Fax: (312) 443-0909 E-Mail: asweet@amli.com