Multifamily

Essex brokers $3.85 million deal for Rogers Park apartment building

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1649 W. Jonquil Terrace in Chicago’s Rogers Park neighborhood. This 36-unit courtyard…

Midwest still a haven for multifamily investment

Multifamily investment in the United States continued at a strong pace at mid-year 2021, with markets such as Indianapolis surpassing 45 percent annualized sales growth.

Catalyst Development closes construction on mixed-use development in Kalamazoo

Despite pandemic-related shutdowns and delays, Catalyst Development successfully completed its most recent construction project in downtown Kalamazoo, Michigan. Located on Water Street, the commercial portion…

Pensam acquires 620-unit multifamily portfolio in Chicago area

Pensam, a nationally recognized multifamily real estate investment firm managing over $3 billion in assets across its equity and lending platforms, is pleased to announce the…

KeyBank Real Estate Capital provides $40.2 million in financing for three multifamily properties

KeyBank Real Estate Capital secured $40.2 million of fixed-rate Fannie Mae financing for The Benchmark Group, a real estate developer, acquirer and manager based in…

A project years in the making: Knutson ready to bring new veterans home to Minnesota community

It took several years, but on Aug. 23, Knutson Construction Services along with state officials and veterans celebrated the ground-breaking of a new veterans home…

Exactly how much have Chicago rents gone up since the start of the pandemic?

The big lease deals and rental concessions that were offered by residential landlords a year ago appear to be all but gone as the apartment…

Kadean Construction begins building multifamily property in Missouri

Kadean Construction has begun construction of The Hutton, a mid-rise condominium building at 134 W. Madison in downtown Kirkwood, Missouri, for developer Savoy Properties. The…

Friedman closes sale of 8,750-square-foot apartment building in Michigan

Friedman Real Estate recently closed the sale of the 8,750-square-foot multifamily facility in Warren, Michigan. The Young Home for the Elderly senior living facility was…

Merchants Capital provides $35 million construction loan for multifamily community in Kansas

Financial services company Merchants Capital has secured a $35 million construction loan for Union at the Loop, an affordable, multifamily housing community coming to Lawrence,…

Multifamily

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