In the second quarter of 2018, Willton joint-ventured with a local Chicago developer to construct a 19 story, 265-unit, class A rental in the affluent suburb of Oak Park, which sits 15 miles west of downtown Chicago. The project provided Willton an opportunity to invest alongside a well-capitalized developer in an urban market with limited new supply and tremendous barriers to entry as only four new projects have ever been delivered over a 25-year period in the submarket.
