Multifamily

MidwestMultifamily

Lancaster Pollard survey: Big majority of multifamily pros ready to build in 2016

Affordable and multifamily developers don't plan on slowing their construction efforts this year, at least not according to a recent housing survey released by Lancaster…

MidwestMultifamily

NorthMarq Capital secures $42.2M refinance of Chicago multifamily property

NorthMarq Capital has arranged the $42.2 million refinance of The Residences at 1550, a 509-unit multifamily property in Chicago, Illinois.

Study: More than one in four renters in Illinois’ biggest cities spend more than half of their incomes on rents

How expensive are apartment rents in Chicago and Illinois' other major cities? A new study shows that more than one in four renters in these…

Tikijian Associates sells 187-unit apartment community in Indianapolis

Tikijian Associates closed the sale of Cheswick Village Apartments on the east side of Indianapolis. The sale of the 187-unit apartment community closed Jan. 29.

MichiganMultifamily

Friedman sells 10,000-square-foot office building in Detroit market

Friedman Integrated Real Estate Solutions recently sold a 10,285-square-foot office building at 23265 Northwestern Highway in Southfield, Michigan.

MinnesotaMultifamily

Dougherty Mortgage closes $1.1 million loan for 54-unit multifamily property in Minnesota

Dougherty Mortgage LLC recently closed a $1.1 million HUD 221(d)(4) loan for the acquisition and substantial rehabilitation of River View Flats, a 54-unit affordable multifamily…

Joining the transit-oriented-development movement: Cubed Construction brings new life to Arlington Heights’ Vail Davis building

The Vail Davis building has stood in the Chicago suburb of Arlington Heights since 1928, its distinctive castle tower a familiar sight in the suburb's…

MinnesotaMultifamily

Minneapolis’ Dominium acquires two apartment projects

Dominium, a Minneapolis-based apartment development and management company, has acquired La Posada Apartments and Cabo Del Sol Apartments in Tucson, Ariz.

MidwestMultifamily

Trammell Crow Company promotes David Paino as VP for its Midwest unit

Trammell Crow Company announced the promotion of David Paino to vice president of development management within the firm’s Midwest Business Unit.

WisconsinMultifamily

Maple Grove Housing gets $6.7M loan for affordable housing development in Madison, Wisconsin

Associated Bank recently completed a $6.7 million Affordable Housing Construction and LIHTC bridge loan for Maple Grove Housing, LLC's construction of Maple Grove Commons, 3204-3228…