Multifamily

Pandemic proves Midwest is attractive region for investors: They’re bullish on St. Louis multifamily market

While the COVID-19 pandemic rocked many commercial real estate sectors in 2020, multifamily – although not completely unscathed -- has consistently remained a top performer.

Spirit Investment Partners purchases 415 Premier apartments in Evanston

Spirit Investment Partners of Stamford, CT in partnership with Irvine, California-based Bascom Group, LLC have acquired the 415 Premier apartments in Evanston, Illinois for $49,110,000 or $222,217 per unit. The acquisition closed on July 21,…

Kiser Group brings 85 units throughout Chicago’s West Side to the market

Kiser Group, Chicagoland’s leading multifamily brokerage firm, has brought 85 units across 14 buildings and three vacant lots to market on Chicago’s West Side, representing…

JLL Capital Markets sells 191-unit multifamily community in Madison market

JLL Capital Markets has closed the sale of and arranged $28.275 million in acquisition financing for 1 Glenn Place, a 191-unit, multi-housing community in the…

Another COVID challenge: Material, labor shortages forcing construction firms to get creative

Material and equipment delays. They're hitting commercial construction companies across the country. Trying to get steel? Expect to wait nine months. Want the perfect insulation…

Minnesota Housing closes $1.4 million refinance for 35-unit apartment property in St. Paul

Minnesota Housing recently closed a $1.4 million refinance of BROWNstone on University Avenue in St. Paul, Minnesota. BROWNstone has 35 affordable units, as well as…

Interra Realty brokers $5 million sale of 40-unit courtyard building in Rogers Park

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $5.025 million sale of 7363-83 N. Winchester Ave., a two-building, 40-unit rental community…

Wingspan Development brings 284 luxury apartments and private clubhouse to Plainfield, Ill

Wingspan Development Group (Wingspan), a privately held national development firm active in the multifamily and mixed-use sectors, today announced pre-leasing is underway for Sixteen30, a…

Uptown apartment building near Wilson station sells for $1.635 million

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. brokered the $1.635-million sale of 921 W. Wilson Avenue, a six-unit multifamily property located in Chicago’s Uptown…

JLL closes $59 million sale of 269-unit multifamily community in Minnesota

JLL Capital Markets has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments, a 269-unit, multi-housing community…

Multifamily

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