Multifamily

Interra Realty brokers pair of multifamily transactions totaling $3 million

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sales of two multifamily properties on Chicago’s South and Southwest sides: 7245…

NorthMarq closes sale of 352-unit apartment community in Kansas City market

NorthMarq’s Kansas City’s investment sales team of Jeff Lamott, managing director, and Gabe Tovar, vice president, completed the sale of Park 67, a 352-unit community…

Cain International completes $117 million loan to Lendlease and Aware Super for The Reed at Southbank in Chicago

Cain International, the privately held investment firm led by Jonathan Goldstein, today announced that it has closed a $117 million development loan to Lendlease and…

Investors’ appetite for manufactured housing keeps growing during pandemic

The multifamily sector has remained strong throughout the COVID-19 pandemic. And a smaller subset of this sector, manufactured housing, has hit new heights during the…

Big-D Midwest closed construction on pair of affordable housing developments in Minnesota

Big-D Midwest, a subsidiary of Big-D Construction, recently completed construction on Sonder House and Sonder Point Senior, two multifamily, affordable housing units located adjacent to…

NorthMarq closes more than $12 million in construction financing for 42-unit multifamily community in Wisconsin

Brett Hood, managing director of NorthMarq’s Chicago-based regional office, secured $12.187 million in construction takeout financing for the recently completed first phase of Residences at…

Birge & Held developing 216-unit apartment community in Indiana

Birge & Held says that construction has begun on Greenview Apartments, a three-story, 216-unit multifamily community near 5875 Perry Worth Road in Whitestown, Indiana. Birge…

Hines begins construction of North Loop Green mixed-use development in Minneapolis

Hines and partners AFL-CIO Building Investment Trust and Marquee Development have started construction on North Loop Green, a mixed-use development in Minneapolis. The project's grand-opening…

Taking another look at median rents across the Chicago area

A year ago, landlords were offering generous concessions to ink new leases and to lure existing tenants to resign for another term, but now the…

Associated Bank completes $59 million loan for 20-story Chicago apartment and retail project

Associated Bank announced completion of a $59,726,778 loan to Greystar / GS Aberdeen Owner, LLC, for construction of a 223-unit, 20-story apartment building at 166…

Multifamily

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