Detroit’s District Capital closes $20 million bridge loan for apartment complex
Detroit-based District Capital Detroit recently closed a $20.5 million short-term acquisition bridge loan for an apartment project.
News Brief
Mag Mile Capital closes $4.3 million loan for Indiana mobile home parks
Mag Mile Capital executive vice president Rob Bernstein and senior vice president Matt Weilgus, based out of the Westport, Connecticut, office have completed a $4.3…
Pioneer Hall renovation at University of Minnesota nabs top awards
The $104.5 million renovation and expansion of historic Pioneer Hall at the University of Minnesota was honored March 6 with its second design award of…
Hilton’s first Tempo property will rise in Louisville
Hilton has started construction of its first Tempo by Hilton property, hosting a ground-breaking ceremony in Louisville, Kentucky’s trendy NuLu neighborhood.
Archer Heights industrial site sells for $2M
The 44,500-square-foot industrial building located at 4417 S. Springfield Avenue in Chicago’s Archer Heights neighborhood sold to a local buyer. Beverly Hayes and John McDermott…
Montessori school doubling space at Optima Signature in Chicago
The Guidepost Montessori at Magnificent Mile school is more than doubling in size to accommodate the addition of an elementary school at Optima Signature, a…
AIA sells six-unit apartment building in Evanston
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in Chicago’s northern suburb of Evanston, Illinois. The six-unit building, located at 116…
Luxury seniors housing community planned for Chicago’s North Shore
JLL Capital Markets has arranged construction debt and joint venture equity for the development of Trulee Evanston, a 163-unit luxury seniors housing property in Evanston,…
Triton facilitates multifamily sales in Chicago’s Jefferson Park, North Austin neighborhoods
Triton Realty Group completed two multifamily sales on the West and Northwest side of Chicago. The two properties are located at 4500-4510 N. Long Avenue…
Leopardo breaks ground on 50,000-SF MOB for DuPage Medical Group
Leopardo recently broke ground on a 50,000-square-foot medical office building in Westmont, Illinois for DuPage Medical Group (DMG). This new building is another in a…