Chicago apartment market shows no signs of cooling off
Looking for signs that Chicago's hot apartment market is cooling? You won't find any in Apartment List's February Chicago Rent Report.
Multifamily
JLL Capital Markets closes $19 million sale of 97-unit apartment complex in North Dakota
JLL Capital Markets has closed the $19 million sale of Woodrow Apartments, a 97-unit apartment complex in Fargo, North Dakota. JLL marketed the property on…
Can multifamily match its big 2021? Maybe not, but Yardi Matrix says it might get close
Another big year. That's what Yardi Matrix is predicting for the U.S. multifamily market in its 2022 National Multifamily Outlook, released earlier this week.
Monarch Realty Partners sells apartment portfolio of 165 units in Chicago neighborhood
Monarch Realty Partners completed a multifamily portfolio sale consisting of 165 apartments and 162 parking spaces in Chicago's Montclare neighborhood. The sale included four newer-construction…
Associated Bank closes $36.84 million loan for acquisition of manufactured-housing community in Crystal Lake
Associated Bank recently closed a $36.84 million loan to a partnership of Marc Realty and Ravinia Communities for the acquisition and expansion of Oakbrook Estates,…
Greystone provides $31 million loan for refinance of Louisville apartment property
Greystone has provided a $31 million Fannie Mae Delegated Underwriting and Servicing Green Rewards loan to refinance a 189-unit multifamily property in Louisville, Kentucky. The…
The lure of the suburbs: New multifamily developments outside cities attract renters with urban amenities
The suburbs are luring a greater number of renters, especially renters by choice who are ready to downsize their homes but don’t want to leave…
Grumpy renters? Blame it on skyrocketing apartment rents
Forgive renters if they're a bit surly these days: Apartment rents soared in 2021. And that made renting in many major U.S. cities an even…
Grandbridge closes sale of pair of apartment properties in Mineapolis
Minneapolis-based Senior Vice President Chris Perry and Vice President Matt Halberg of Grandbridge recently closed on two Class-A apartment properties, OX-OP and Gibson Apartments, in…
American Street Capital closes $4.27 million bridge loan for multifamily portfolio in Wichita
American Street Capital has secured a $4,275 million acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, Kansas. Built in 1941 and recently renovated,…