Parse Capital makes $11.0 million preferred equity investment in Mundelein, IL multifamily development

April 2025 – Parse Capital (“Parse”) makes a $11.0 million preferred equity investment in the development of a multifamily asset within the Lake County submarket of Chicago, IL. Once complete, the project will include a five-story wrap building and three, two-story townhome buildings (100% market rate units), and 3k square feet of retail space.