Multifamily

McShane wraps construction of 373-unit luxury apartment community in Schaumburg

McShane Construction Company completed construction of The Quin Apartments for repeat client The Finger Companies. Located in Schaumburg, Illinois, the luxury community incorporates 373 units…

eXp Commercial closes sale of 12-unit apartment property in Aurora

eXp Commercial recently closed the sale of a 12-unit multifamily property at 557-559 Ashland Ave. in Aurora, Illinois, for $1.395 million. The property was exclusively…

Marcus & Millichap negotiates sale of 24-unit apartment property in Tinley Park

Marcus & Millichap closed the sale of 16627 and 16639 Jean Lane, a 24-unit apartment property in Tinley Park, Illinois. Ryan Engle, Senior Managing Director,…

Colliers Mortgage closes $26.6 million refinance loan for Minnesota apartment development

The Colliers Mortgage Minneapolis team of Tony Carlson and Ben Fazendin have closed a $26.6 million Fannie Mae loan for the refinancing of Montreal Courts…

Entertainment venue, Vivarium, coming to Milwaukee in 2024

Pabst Theatre Group’s new 450-seat multi-purpose entertainment venue, Vivarium, will debut in early 2024 at 1818 N. Farwell Ave. on Milwaukee’s East Side.

The NRP Group, University Hospitals celebrate opening of affordable-housing development in Cleveland

Local Cleveland officials joined developer The NRP Group and University Hospitals for a ribbon-cutting ceremony to celebrate the opening of The Davis Apartments, a 52-unit affordable-housing apartment community,…

CREC Real Estate sells its stake in 196-unit multifamily development in Indianapolis market

CREC Real Estate, LLC, a private equity real estate investment firm, has sold its stake in VER at Proscenium, a multifamily property in Carmel, Indiana.…

Doran Companies to demolish office complex and build multifamily property in Minnetonka

Doran Companies has closed on the purchase of The Offices at Marsh Run at 11816 Wayzata Blvd. in Minnetonka, Minnesota, and the construction financing to redevelop…

Friedman Real Estate closes sale of multifamily property in Brownstown

Friedman Real Estate’s Peter Jankowski and Rich Deptula completed the sale of a multifamily property at 21901 Stratford Place Blvd. in Brownstown, Michigan. The 180-unit…

Healthy fundamentals, housing market challenges keep demand high for multifamily units in St. Louis market

Higher interest rates have slowed multifamily sales throughout the St. Louis region. That doesn’t mean, though, that the demand from tenants for apartment space throughout…

Multifamily

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