A Texas-based investor just wrote a nine-figure check for a slice of suburban Orland Park, paying $102 million for Orland Ridge, a 294-unit build-to-rent townhome community completed in 2023. The deal, disclosed in industry reporting on March 19, 2026, ranks as one of the larger single-asset build-to-rent trades in the Midwest.
Deal Details and the Buyer
According to CoStar News, Texas-based RPM Living is the buyer behind the nine-figure purchase of Orland Ridge. CoStar reported that the community is among the Midwest’s largest build-to-rent properties and that the transaction closed in mid-March.
Inside Orland Ridge
Orland Ridge Towns & Villas offers a mix of townhome-style and ranch-style rental units at 16966 Pond Willow…..