Multifamily

United Properties’ The Ellie earns 2024 Sustainable Eden Prairie Award

United Properties announced that The Ellie, its recently completed residential development in Eden Prairie, Minnesota, has received the 2024 Sustainable Eden Prairie Award in recognition…

Associated Bank closes $21.9 million financing package for renovation of Racine seniors housing property

Associated Bank closed a $21.9 million financing package for Gorman and Company, LLC, for the renovation of Harbor at State and Main Apartments at 141…

SVN Chicago Commercial sells 238-unit multifamily portfolio across Illinois

SVN Chicago Commercial brokered the sale of a 238-unit portfolio encompassing three multifamily properties across Illinois. This Portfolio, comprising 100% HAP (Housing Assistance Payments) contracts…

More than 8,000 new apartment units this year? Absorption still strong in Minneapolis-St. Paul market even with this surge in supply

Even with new supply hitting the region, the Minneapolis-St. Paul multifamily market continues to see solid absorption numbers.

Synergy Construction & Development breaks ground on 600-unit multifamily development in Lombard

Synergy Construction & Development Company has broken ground on Yorktown Reserve, a luxury multifamily residential complex with 600 units and a 2-acre green space and…

Cushman & Wakefield closes sale of 178-unit multifamily community in Burleson

Cushman & Wakefield arranged the sale of The Riley, a 178-unit multifamily community in Burleson, Texas. Grant Raymond and Asher Hall of Cushman & Wakefield…

District Capital closes $153 million acquisition loan for Michigan borrower

Kevin Kovachevich of District Capital arranged a $153.2 million acquisition loan for a Michigan borrower as part of a Fannie Mae credit facility. The senior…

Marcus & Millichap closes sale of 96-unit apartment property in St. Cloud

Marcus & Millichap negotiated the sale of Sterling Heights, a 96-unit apartment property in St. Cloud, Minnesota. The property sold for $9 million, or $93,750…

Forum Flats luxury multifamily development opens in Troy

Douglas Capital Partners, Cypress Partners and Village Green celebrated the grand opening of Forum Flats, a luxury apartment complex in the heart of Troy, Michigan.…

SVN Chicago Commercial sells seven-unit apartment property in Lombard

SVN Chicago Commercial closed the sale of a seven-unit multifamily property at 143 E. Grove St. in Lombard, Illinois. Joe Connelly of SVN Chicago Commercial…

Multifamily

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