Buffett puts money into Illinois homes

An outpost of billionaire investor Warren Buffett’s holdings is being planned in south suburban Lansing.

Buffett’s company, Berkshire Hathaway Inc., is the main investor in a 125-unit senior housing center due at the southwest corner of Lorenz Avenue and Spring Lake Drive.

The billionaire’s investment is coming through Affordable Housing Partners Inc., a wholly owned subsidiary of Berkshire.

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