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News Brief

TexasMultifamily

Houston’s Sharpstown Garden Apartments sold to Indus Management

JLL Capital Markets represented Pryzant Management in the sale of the 396-unit Sharpstown Garden Apartments workforce housing property in Southwest Houston. Indus Management acquired the…
December 4, 2020
IllinoisIndustrial

Venture One fund acquires four-site industrial outdoor storage portfolio in Chicago market

Venture One Real Estate—through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of…
December 4, 2020
TexasFinanceMultifamily

Lument provides $21.5M in Freddie Mac financing for affordable housing in El Paso

Lument provided a $21.5 million Freddie Mac unfunded forward commitment loan to facilitate the substantial renovation of Jackie Robinson Memorial Apartments, an affordable multifamily property…
December 4, 2020
MinnesotaFinanceMultifamily

Merchants Capital provides $21 million loan for Minneapolis apartment complex

Mortgage banking company Merchants Capital has provided more than $21.5 million in financing for a Minneapolis apartment complex currently under construction, The Bessemer at Seward…
December 4, 2020
MinnesotaMultifamily

CBRE closes sale of four-property multifamily portfolio in Minnesota

CBRE has arranged the sale of a four-property portfolio totaling 104 units in the Minneapolis area. The properties were sold by TMC Management Corp. and…
December 4, 2020
IllinoisCRE

Stream Realty Partners secures lease with Kids’ Work Chicago Too in Chicago

Stream Realty Partners’ Chicago office has secured a long-term lease on behalf of Baum Revision with Kids’ Work Chicago Too. This mother/daughter-owned childcare and early…
December 3, 2020
TexasMultifamily

CBRE brokers sale of 160-unit apartment complex in Irving

CBRE announced the sale of Monterey Apartments, a 160-unit multifamily community located at 700 S. Story Road in Irving, Texas. Plano-based Elmstone Group purchased the…
December 3, 2020
IllinoisIndustrial

Avison Young represents landlord and tenant in long-term industrial lease

Avison Young negotiated a 27,523-square-foot industrial lease transaction in Chicago’s O’Hare submarket. The recently constructed, class A building is now fully occupied. The property is…
December 3, 2020
TexasOffice

Younger Partners awarded leasing assignment for DFW-area office asset

Younger Partners has been exclusively awarded the leasing assignment for the Atrium on Collins, 1701 N. Collins in Richardson, Texas. The 109,000-square-foot property is located…
December 3, 2020
TexasOffice

Quadrant Investment Properties, Stream Realty Partners launch flex office leasing strategy at Dallas’ St. Paul Place

Quadrant Investment Properties and Stream Realty Partners announced the launch of its flex office strategy, which will provide fully furnished and internet-enabled office suites on…
December 3, 2020
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