Miami developer Crescent Heights snags Chicago's North Harbor Tower

Buyer continues march into the Chicago market
  • Crescent Heights, a Miami rental community owner, is finalizing a deal to buy North Harbor Tower.
  • The company owns three other Chicago buildings, and is planning to build another.
  • The deal make Crescent Heights owner of 2,200 Windy City apartment units.

Crescent Heights, a Miami developer, continued it’s Chicago shopping spree recently, adding North Harbor Tower, to its already well-stocked arsenal of Windy City apartment homes. The 600-unit building is located at 175 N. Harbor, north of Maggie Daley Park, and just went on the market in November.