TGM Associates Acquires A Large Multifamily Community In Willowbrook, IL
NEW YORK, Feb. 22, 2013 /PRNewswire/ -- TGM Associates announced today the acquisition of TGM Willowbrook, a two and three-story garden property, totaling 712 units in 76 buildings, located in Willowbrook, IL.
Set in a natural, landscaped surrounding, TGM Willowbrook is conveniently located near all major highways and just 30 minutes away from downtown Chicago. Situated in DuPage County, it is just 20 miles away from O'Hare International Airport .The community offers convenient access to public transportation via Metra Station for easy commuting into Chicago or other parts of the region.
"We are very excited to bring TGM Willowbrook into our multifamily portfolio. TGM Willowbrook will complement other TGM Communities in Illinois, offering even more Premium Apartment Living options in the area," said John Gochberg, Chief Operating Officer for TGM Associates, a SEC-registered real estate investment advisory firm based in New York City. TGM Willowbrook is managed by TGM Associates' management brand, TGM Communities.TGM Willowbrook, formerly known as The Communities of Ascot Glen, was owned by RREEF and managed by Lincoln Property Management. This premier community is comprised of upgraded, one and two bedroom apartment homes featuring oversized balconies, patios and generous closets in each apartment. Select apartments feature authentic, wood-burning fireplaces and abundance of parking space for unrivaled comfort and convenience. Unmatched amenities of TGM Willowbrook include an athletic club, three heated swimming pools, tennis courts, resident center and beautiful landscaping with fitness trails. For more information about TGM Willowbrook, please contact Arthur Kosmider, Marketing Manager for TGM or visit www.TGMWillowbrook.com About TGM Associates Founded in 1991, TGM Associates is an investment advisory firm with a single focus -- multifamily properties. TGM specializes in acquisitions, property management, leasing, construction, property maintenance and dispositions. On behalf of its investor clients, TGM acquires, manages and sells apartment properties throughout the United States. TGM Associates property management brand is TGM Communities and operates all of TGM Associates' assets. Since 1991, TGM has invested approximately $2.2 billion in 123 multifamily residential properties throughout 28 states. TGM's current portfolio contains 35 properties in 17 states encompassing over 11,000 units. Media Contact: Arthur Kosmider, TGM Communities | P: 212.830.9348 | E: firstname.lastname@example.org SOURCE TGM Associates
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