CBRE closes $15 million of loans for Michigan multifamily properties
CBRE provided two Fannie Mae DUS conventional loans in the amount of $15.957 million to finance the acquisition of two multifamily properties in Michigan. The…
Multifamily
Minneapolis’ Timberland Partners acquires three apartment communities
Minneapolis-based Timberland Partners Investments acquired three new apartment properties through its newly created Timberland Partners Apartment Fund VII. TPAF VII will raise $100 million to…
Lack of inventory only thing slowing Cincinnati apartment market
The Cincinnati Apartment rental market continues to be robust with a strong appetite for units in the urban core and particularly in Cincinnati's CBD. This…
Cushman & Wakefield to acquire Pinnacle Property Management Services
Cushman & Wakefield has entered into a definitive agreement to acquire Pinnacle Property Management Services, LLC, the third-largest multifamily property management firm in the U.S.…
CBRE brokers $14.9M sale of 58-unit condo deconversion in Chicago
CBRE recently brokered the sale of 519 W. Melrose Street, a 58-unit condo property, for $14.9 million to SRE Holdings in Chicago. CBRE's Sam Haddadin…
CBRE sells 400-unit apartment property near Indianapolis
CBRE has arranged the sale of Waterside at Castleton, a 400-unit property on the northeast side of Indianapolis. Steve LaMotte, Jr., Executive Vice President, and…
AIA sells 40-unit apartment building near Loyola University
Apartment Investment Advisers (AIA) announced the recent sale of a 40-unit apartment building located at 6565 N. Lakewood, near Loyola University in the Rogers Park…
1st Annual Detroit Multifamily Summit
Join RE Journals/Midwest Real Estate News on May 7 for the 1st Annual Detroit Multifamily Summit.
62-unit multifamily property in Chicago’s Grand Crossing seeks $5.3 million
Essex Realty Group has been exclusively engaged to market 6800 S. Dorchester Avenue on Behalf of NOVO Properties. The 62-unit apartment building, located in Chicago's…
Construction begins on mixed-use affordable living building in Oak Park
A new four-story, 37-unit affordable housing development is underway on a vacant lot at the corner of Oak Park Avenue and Van Buren Street in…