Multifamily

Wingspan Development Group closes $11.7 million to continue multifamily growth in Wisconsin, Florida

Wingspan Development Group has closed its WDG GP Fund to further expand its multifamily development business. The WDG GP Fund anticipates a 15 percent to…

Affordable-housing advocate Cinnaire names new VP for Detroit area

Sherita Smith has been appointed Vice President, Community Development at Cinnaire, a non-profit that supports affordable housing initiatives. In this position, Smith will be taking…

Drever Atelier Partners converting closed motel in Branson into 324-unit apartment community

Drever Atelier Partners closed its purchase of Angel Inn – by the Strip, a broken hotel at 76 Country Blvd. in Branson, Missouri. Work will…

Lendlease breaks ground on The Reed at Southbank in Chicago

Lendlease (ASX: LLC), a global real estate group, today announced it had broken ground on The Reed, a 41-story, 440-residence community at 234 W. Polk St. in…

Becovic acquires 73-unit apartment building in Rogers Park

Becovic, a Chicago-based multifamily owner and operator, has acquired 6758 N. Sheridan in Chicago, Illinois, for $9.8 million. The deal was brokered by Kiser Group advisors Rick…

Essex brokers $3.85 million deal for Rogers Park apartment building

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of 1649 W. Jonquil Terrace in Chicago’s Rogers Park neighborhood. This 36-unit courtyard…

Midwest still a haven for multifamily investment

Multifamily investment in the United States continued at a strong pace at mid-year 2021, with markets such as Indianapolis surpassing 45 percent annualized sales growth.

Catalyst Development closes construction on mixed-use development in Kalamazoo

Despite pandemic-related shutdowns and delays, Catalyst Development successfully completed its most recent construction project in downtown Kalamazoo, Michigan. Located on Water Street, the commercial portion…

Pensam acquires 620-unit multifamily portfolio in Chicago area

Pensam, a nationally recognized multifamily real estate investment firm managing over $3 billion in assets across its equity and lending platforms, is pleased to announce the…

KeyBank Real Estate Capital provides $40.2 million in financing for three multifamily properties

KeyBank Real Estate Capital secured $40.2 million of fixed-rate Fannie Mae financing for The Benchmark Group, a real estate developer, acquirer and manager based in…

Multifamily

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