Reichle Klein Group assists in $6.3M sale of Beacon Place in Toledo, Ohio
Beacon Place, a 201-unit apartment complex located at 426 Beacon Street in Toledo, Ohio, has sold for $6.33 million. .
Multifamily
Bernard Financial Group closes $12.8M loan for apartment tower in Oak Park, Michigan
Bernard Financial Group recently closed a $12.8 million loan for Lincoln Towers Apartments, a 480-unit mid-rise apartment tower located in Oak Park, Michigan.
RESOURCE Commercial Real Estate assists in sale of Parkside Apartments in Indiana
The Wernke Team of RESOURCE Commercial Real Estate has announced the sale of Parkside Apartments, a 48-unit apartment community located in Franklin, Indiana.
Walker & Dunlop closes $9M Fannie Mae loan for Columbus apartments
Walker & Dunlop, Inc. has structured a $9 million Fannie Mae loan for Autumn Springs Apartments, a 242-unit, class B, conventional multifamily property in Columbus,…
Dougherty Funding LLC completes $11.7M loan for Pheasant Ridge Apartments in Iowa City
Dougherty Funding LLC has closed an $11.7 million first mortgage acquisition loan for Pheasant Ridge Apartments, a 248-unit affordable multifamily property located in Iowa City,…
Big boost in Milwaukee’s multifamily market? Credit Baby Boomers
Baby Boomers looking to downsize are helping to fuel the activity in Milwaukee's multifamily market, according to the latest research from Marcus & Millichap.
Century Commons apartments in White Bear Lake sell for $5.18M
A local investor has purchased Century Commons, a 153-bedroom student housing complex located at 3515 Century Ave. in White Bear Lake, Minnesota, for $5.18 million.
Optima Old Orchard Woods in Skokie sells for $44M
Trilogy Real Estate Group of Chicago has purchased Optima Old Orchard Woods, a 142-unit, Class A multifamily development in Skokie, Illinois, for $44 million.
Mercy Housing Inc. acquires 33 properties from Franciscan Ministries, Inc., grows portfolio by 20 percent
Mercy Housing, Inc. recently accepted the transfer of 3,666 affordable units from Franciscan Ministries, Inc. Once the acquisition is complete, Mercy Housing's holdings in Illinois…
Joint venture to develop The Residences at Hamilton Lakes in Itasca, Illinois
A joint venture between M&R Development, Itasca-based Hamilton Partners and equity partner Murphy O'Brien plan to develop The Residences at Hamilton Lakes, a 297-unit luxury…