• WNC & Associates reported PEF Advisors acquired Carroll Tower, a 108-unit affordable senior housing property in St. Charles, Illinois.
• The Project-Based Section 8 community closed in July 2026; occupancy stood at 98.1% at closing.
• PEF Advisors plans capital improvements to address deferred maintenance, aiming to preserve affordability for an additional 20 years.
• The deal marks PEF Advisors’ third acquisition in the greater Chicago MSA; sixth for Preservation Equity Fund 3.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WNC & Associates Inc. published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.