Multifamily

The Opus Group begins construction of 250-unit multifamily TOD in Minnesota

The Opus Group has started construction on a 250-unit multifamily transit-oriented development in St. Louis Park, Minnesota. Located at 3440 Beltline Blvd. in the southeast corner…

Intersection Realty Group acquires $100 million industrial, office and multifamily properties in New York, Illinois and Indiana

Intersection Realty Group (IRG), a private commercial real estate investment firm focused on the acquisition and management of industrial properties and market-rate multifamily apartment communities, today announced that with the acquisition of the Montclare Apartment Portfolio, within the…

Pembrook Provides $29 million in financing to acquire and renovate Chicago affordable housing portfolio

Pembrook Capital Management LLC ("Pembrook"), one of the nation's leading bridge lenders for affordable housing, announced a $22,425,000 first mortgage loan and a $6,592,000 preferred equity investment to finance…

Expect big changes along the Chicago River’s North Branch as Lincoln Yards enters the next phase of construction

After years of planning and public meetings, Chicago-based developer Sterling Bay has taken the wraps off the next phase of construction for the Lincoln Yards…

Time Equities, JK Equities, and Oak Capitals’ 1000 South Michigan (1000M) to recommence construction as rental tower

Co-developers Time Equities, Inc. (TEI), JK Equities and Oak Capitals, announce today that 1000 South Michigan Avenue (1000M) will officially recommence construction in December as a rental tower.…

City Club Apartments starts construction on Cleveland apartment hotel

Michigan-based City Club Apartments broke ground today on its City Club Apartments—Central Business District (CBD) Cleveland mixed-use apartment hotel, unfurnished long-term, furnished short-term, studio to…

Multifamily property management firm Common expands into St. Paul

Common, a residential brand that designs, leases and manages multifamily properties globally, is expanding to St. Paul, Minnesota, in partnership with ACKERBERG at ALVERA, at…

Latest Zillow rental report says that the death of major cities narrative was ‘greatly exaggerated’

A major theme around housing during the pandemic has been the notion that both buyers and renters are choosing to move away from larger cities.…

CBRE sells 277-unit apartment property in St. Paul suburb

CBRE has arranged the sale of Marion Street & The Brittanys apartments, a 277-unit multifamily property in a suburb of Saint Paul, Minnesota. The property…

Maverick Commercial Mortgage closes acquisition loan for Wicker Park multi-unit property

Matthew S. Cohen of Maverick Commercial Mortgage is proud to announce the closing of an acquisition loan for a six unit multi-family property in Chicago’s…

Multifamily

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