Multifamily

Essex brokers close sale of $6.2 million multifamily building in Lakeview

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 3500 N. Fremont Street located in Chicago’s beautiful Lakeview neighborhood. Situated on…

New luxury rental development in downtown Mount Prospect completed

Kinzie Builders has completed construction on 10 North Main, a $20 million upscale rental development in the Chicago suburb of Mount Prospect, Ill. The five-story, 97-unit…

NorthMarq closes $32 million refinance of 221-unit Minneapolis apartment development

Michael Padilla, vice president in NorthMarq’s Minneapolis office, arranged the $32.234 million refinance of Stone Arch Apartments. The 221-unit LIHTC/affordable housing property, built in 2002,…

JLL Capital Markets provides more than $56 million in financing for 253-unit multifamily development in Ann Arbor

JLL Capital Markets has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new 253-unit multi-housing development in…

Albion acquires Birdwood on Sterling and announces plans for $23 million renovation

Albion Residential (Albion), a Chicago metro-based real estate firm focused on the acquisition, development and operation of Midwestern rental apartments, today announced it has acquired Birchwood on…

Jonathan F.P. Rose wins 2021 Urban Land Institute award

One of the housing industry’s most respected practitioners of green, affordable and mixed income community development, Jonathan F.P. Rose has been named the 2021 recipient…

One Oak Brook Commons unveils amenities for upcoming luxury rental building

New luxury rental community One Oak Brook Commons today reveals a first look at its amenity renderings. Located between Commerce Drive and 22nd Street in the heart of Oak…

S2 Capital acquires 1,235-unit portfolio from JLB Partners in Dallas

S2 Capital completed the purchase of four contiguous class-A multifamily properties from JLB Partners in Dallas this week. The acquisition, totaling a combined 1,235 units,…

A speed bump, not a stop sign: Des Moines’ multifamily market thriving even during latest COVID wave

The COVID-19 pandemic has hit the commercial real estate market in every city across the country. Some markets, though, have been more resilient than others.…

Colliers brokers $16.3 million sale of Illinois mobile home community

As demand for quality, affordable housing continues to increase across the United States, Colliers has transacted a $16.3 million purchase of Woodland Acres Mobile Home…

Multifamily

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