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Fireside Pays $20M to Add to Growing Portfolio

EDWARDSVILLE, IL-The private equity real estate firm, based here, acquires the 192-unit Hunter's Green in Chesterfield, MO and an 800-unit self-storage portfolio in Bourbonnais, IL from different sellers.

By Amy Wolff Sorter | Updated on October 19, 2012

EDWARDSVILLE, IL-Fireside Financial LLC expanded its portfolio by acquiring the 192-unit Hunter’s Glen apartments in Chesterfield, MO and an 800-unit storage portfolio in Bourbonnais, IL. The local private equity real estate firm paid close to a combined $20 million to different sellers for its two new assets.

The just-acquired storage facilities operated under the brand name Boxes to Buses, and are located at 575 Larry Power Rd. and 1847-B Armour Rd. Fireside Financial has an agreement with Simply Self Storage, a third-party manager, to operate the facilities, which were acquired from a local private family.

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