IllinoisMultifamily Increasing multifamily renovation ROI in a time of COVID-19 For multifamily investors, improving ROI from apartment properties is more urgent now than ever before. Value-add renovation projects can produce high ROI by allowing property…
IllinoisMultifamily Kiser Group brings 45-unit West Ridge apartment to market Chicago-based multifamily brokerage firm, Kiser Group, has listed 1901 W. Granville Avenue for sale. The 45-unit multifamily property, located in Chicago’s West Ridge neighborhood, is…
IndianaFinanceMultifamily Greystone closes $27.6 million acquisition loan for Northwest Indiana apartment community Greystone has provided a $27.6 million Freddie Mac loan for the acquisition of a multifamily property in Hammond, Indiana. The transaction was originated by Dan…
IllinoisMultifamily Kinzie Builders completes two luxury rental developments in Chicago suburbs Kinzie Builders completed construction on two suburban Chicago luxury rentals projects—444 Social, a new 302-unit development in Lincolnshire, Illinois, and Marq on Main, a new…
MinnesotaFinanceMultifamily Dougherty closes $20 million refinance loan for 100-unit apartment property in Minnesota Dougherty Mortgage recently closed a $20.7 million HUD 221 (d)(4) loan for the refinancing and rehabilitation of Oak Park Village, a 100-unit affordable multifamily property…
IllinoisMultifamily AIA sells West Loop apartment building Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the West Loop neighborhood of Chicago. The 18-unit building, located at 25…
IllinoisMultifamily CBRE completes $13.3M sale of 90-unit condo deconversion in Chicago CBRE has completed the condo deconversion sale of Shore Manor, a 90-unit condo property at 5858 N. Sheridan in Chicago. Becovic Management Group, LLC, a…
MichiganOhioMultifamily A world of unknowns: Michigan and Ohio multifamily owners tackle uncertainty in the age of COVID-19 Multifamily is one of the top-performing commercial sectors today, showing true resilience in the face of the COVID-19 pandemic. But the real challenges lie in…
IllinoisMultifamily Kiser Group brings 70-unit LaSalle Towers to market as condo deconversion LaSalle Towers, located at 1211 N. LaSalle Drive in Chicago, has been listed for sale exclusively by Chicago-based multifamily brokerage firm Kiser Group. The 70-unit,…
IllinoisMidwestMultifamily Newmark Knight Frank adds multifamily veterans to roster Newmark Knight Frank has added industry experts Elizabeth Gagliardi and Chuck Johanns to the firms' Midwest Multifamily Capital Markets Investment Sales Group. That group also…