ST. CHARLES, IL. (February 22, 2022)– M Group is pleased to announce the acquisition of Fox Run Apartments, a 220-unit Class B property located in St. Charles, IL. M Group acquired this property in partnership with RUME USA.

Built in 1971, Fox Run Apartments consists of four 2-story buildings comprised of 220 units on 7.56 acres. Property amenities include: swimming pool, dog park and wash, and laundry facilities. Proposed improvements include a remodeled clubhouse, grill area, 24-hour fitness center, elevators, and Amazon package lockers.

M Group is a privately held real estate and investment firm with offices in Birmingham, Michigan and Aspen, Colorado. M Group has acquired or invested in over 200 properties totaling more than 21,000,000 square feet throughout North America. M Group’s principals, Mitchell Mondry, Josh Mondry, and Ira Mondry have over 100 years combined experience in the real estate industry, as well as in operating businesses. M Group seeks existing, income-producing multi-family and student housing properties.