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Multifamily

MidwestMultifamily

Construction begins on new luxury townhome development in Chicago’s South Loop

A joint venture between Sandz Development Co. and Golub & Co. will see the addition of 55, four-story luxury townhomes within nine buildings at 18th…
Staff Writer April 1, 2017
NebraskaMultifamily

La Quinta Apartments in Blair, Nebraska sell for $1.2 million

Investors Realty, Inc. brokered the $1.19 million sale of the La Quinta Apartments in Blair, Nebraska. This 23-unit multi-family property sold 80 days from listing.
Staff Writer April 1, 2017
NebraskaMultifamily

Omaha’s Cushman & Wakefield/The Lund Company names director of property management

Kelli Deere has been promoted to director of residential property management at Cushman & Wakefield/The Lund Company in Omaha.
Staff Writer April 1, 2017
MidwestMultifamily

Work on River North’s NEXT apartments nearing completion with move-ins scheduled for September

Favorable weather conditions have allowed crews to complete work three months ahead of the originally scheduled delivery date of early 2017.
Staff Writer April 1, 2017
MidwestMultifamily

Developer plans to convert East Village Church to apartment complex

The developer has plans to convert the former Church at 1062 N. Ashland into a 34-unit apartment building.
Staff Writer April 1, 2017
TennesseeMultifamily

Yardi Matrix predicts solid apartment rent gains in Kansas City, Nashville and Knoxville

Average apartment rents in the United States rose another $10 in June, marking the third straight month of double-digit gains, according to the latest apartment…
Dan Rafter April 1, 2017

Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

David Bloomberg has seen the trend: Developers and investors are eagerly seeking to acquire condo buildings and turn them into apartments. This de-conversion trend is…
Dan Rafter April 1, 2017
MidwestMultifamily

Fifield Realty Corp. adds Justin Pease as VP of asset management

In this role, Pease is responsible for managing a portfolio of seven multifamily assets in Chicago and Texas for which he will create and implement…
Staff Writer April 1, 2017
MichiganMultifamily

Friedman sells five-building multifamily property in Trenton, Michigan

Friedman Integrated Real Estate Solutions recently sold Nottingham Knolls, a five-building, 82-unit multifamily property located at 3649 Van Horn Road, in Trenton, Michigan.
Staff Writer April 1, 2017
MidwestMultifamily

This new Evanston apartment tower will offer residents one year of free transit

The four-story building with below-grade parking-- developed by TJM Development, Inc.--is currently under construction with on-site pre-leasing to begin in fall 2016.
Staff Writer April 1, 2017
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