Multifamily

CBRE report: Multifamily developers enjoyed a boom year in 2023. But expect a slowdown in new deliveries this year

How busy were multifamily developers last year? They added more than 416,000 new apartment units to the United States' multifamily supply in 2023, including a…

Mandel Group provides financing for 270-unit apartment community in Oconomowoc

Mandel Group, Inc. completed the financing for Norden Range, a 270-unit luxury apartment community in the City of Oconomowoc, Wisconsin. The apartment community is located…

KeyBank provides $18.1 million in financing for construction of affordable homes in Cleveland

KeyBank Community Development Lending and Investment invested $10.2 million of 4% Federal LIHTC Equity and provided a $7.9 million construction loan to finance the development…

KeyBank provides $41.6 million construction loan for 325-unit apartment community in Austin market

KeyBank Community Development Lending and Investment provided a $41.6 million construction loan to finance the new construction of Cantarra Apartments, a 325-unit mixed-income apartment community…

It’s official: The office-to-apartment conversion boom has hit Chicago … and the rest of the Midwest

It's a growing trend as the office market continues to struggle across the country: Developers are turning outdated office space into apartment units. But how…

11 Draper & Kramer properties named 2023 SatisFacts award winners

Draper and Kramer, Incorporated announced that 11 rental communities from its national management portfolio were named 2023 Resident Satisfaction award winners by SatisFacts. In addition,…

Columbus Metropolitan Housing Authority approves $100 million to develop, preserve 700 apartments

The Columbus Metropolitan Housing Authority (CMHA) Board of Commissioners approved a combined total of nearly $100 million in new investments that will develop or preserve…

Interra Realty closes sale of 19-unit apartment building in Oak Park

Interra Realty brokered the sale of a 19-unit multifamily building in Oak Park, Illinois, a western suburb of Chicago. The property sold for $1.4 million,…

JLL closes sale of Cosmopolitan Apartments in St. Paul

JLL has closed the sale of and the acquisition financing for The Cosmopolitan Apartments, an eight-story, 258-unit multifamily community in the historic Lowertown neighborhood of…

Marquette Companies celebrates opening of The Thompson at Fulton Market apartment building in Chicago

Marquette Companies has announced the completion and grand opening of The Thompson at Fulton Market, a 210-unit mixed-use apartment building at 150 N. Ashland Ave.,…

Multifamily

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