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DMG tapped to manage The Quarry’s Fox Lake apartment development

The Quarry totals 154 luxury apartments and DMG will manage the property through the lease-up phase, ConnectCRE reported.

Reported · Written up by our desk · Residential

Daniel Management Group, a Chicago-based firm focused on multifamily investing and management, has been awarded a new management assignment for The Quarry in Fox Lake, Illinois, according to ConnectCRE.

The Quarry is being developed by Sterling Hall Capital and will offer 154 luxury apartments in the northwest Chicago suburb, with a mix of one- and two-bedroom units.

DMG will oversee the property through lease-up, positioning the firm to help bring the new development online for residents.

Sterling Hall Capital’s chief financial officer, Nick Byrd, said he expects DMG’s experience with new developments and townhomes to support The Quarry’s success.

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