Bought, renovated, and sold on the same playbook now running at Tinley Park 24. The exit beat its own underwriting, which is the only comparison that matters.
Operating
Tinley Park, IL · Closed May 2026
36-Unit Syndication
Under budget, rents above projections
The renovation program is running below budget and renovated units are leasing above the underwritten rents. Same crews, trades, and management as every BPG building.
Renovating
Two buildings, 24 units · Closed Aug 15, 2026
Tinley Park 24
Month 13 of the plan, 9 of 12 program units renovated
The current offering. Bought 4.6% under ask beside assets we already run; monthly distributions began after the rehab phase and ramp as units season.