Multifamily

New housing, retail project breaks ground in Woodlawn

City of Chicago Deputy Mayor Andrea Zopp joined Ald. Willie Cochran and Preservation of Affordable Housing (POAH) representatives to celebrate the ground breaking for Trianon…

Pillar’s Wilkins: Apartment, healthcare markets heating up in Detroit

Pent-up demand. That force is fueling the rising sales, leasing and construction activity in both the multifamily and healthcare sectors in Detroit and its surrounding…

Welsh Construction finishes work on Lofts at Mayo Park in Minnesota

Multifamily development the Lofts at Mayo Park in Rochester, Minnesota, held a ribbon-cutting ceremony on Feb. 21. The ribbon-cutting marks the opening of the market-rate…

Dougherty Mortgage closes $6 million loan for refinance of student-housing development near Notre Dame

Dougherty Mortgage LLC recently closed a $6.3 million Fannie Mae loan for the refinance of Legacy Village at Notre Dame, a 14-unit market-rate student-housing property…

More good news for multifamily brokers, developers: Number of renter-dominated cities keeps growing

Here is some good news for brokers and developers working in the multifamily business: In 21 U.S. cities with a population of 100,000 or more,…

Marcus & Millichap names senior vice president of investment in Chicago office

Marcus & Millichap has named Kyle Stengle of the firm’s Chicago Downtown office as a senior vice president of investments.

Chicago’s KIG adds sales director

Chicago multifamily brokerage KIG recently added a new sales director and made a key promotion.

Marcus & Millichap: Cleveland’s multifamily market poised for busy 2017

The news is simple: People want to live in downtown Cleveland and in the urban neighborhoods surrounding the city's center. And that means that demand…

Rockwell Partners acquires 305-unit multifamily property in Glendale Heights

Rockwell Partners has acquired a portfolio of 305 condominium units at Stonegate Condominiums in Glendale Heights, Illinois, about 30 miles west of Chicago.

CBRE helps close $6.5 million sale of Minneapolis apartment complex

CBRE Multifamily has arranged the sale of The Parkway, a 70-unit apartment community in downtown Minneapolis for $6.5 million.

Multifamily

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