Multifamily

McShane starts construction on affordable mixed-use development in Maywood

McShane Construction Company has begun construction on a new affordable housing development for Interfaith Housing Development Corporation. Designed by HED Architects, Fifth Avenue Apartments will…

MichiganMultifamily

City Club Apartments begins rejuvenation of 18-story Detroit apartment community

Detroit's City Club Apartments began construction Jan. 9 on the redevelopment of the former Elmwood Park Plaza, an 18-story apartment community built by Toby and…

Essex Realty brokers two multifamily sales, lists a third

Essex Realty Group has completed two recent sales in Chicago's suburbs—a rental portfolio in Oak Lawn, Illinois and a new construction property in Naperville, Illinois.…

Cedar Street, Origin Investments form $65M JV to develop Pilsen Gateway

Chicago-based companies Origin Investments and Cedar Street Companies have executed a joint venture agreement for the development of Pilsen Gateway, a $64.5 million multifamily project…

Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million

Kiser Group recently brokered the sale of 930 North Boulevard, a 48-unit, seven-story property in Oak Park, Illinois, for $8,300,000. Kiser Group's Matt Halper and…

61 Banks Street leases up in Chicago’s Gold Coast

Chicago-based @properties has completed the lease-up for 61 Banks Street, a new 58-unit luxury apartment building developed by Draper and Kramer Inc. The building, located…

Marcus & Millichap arranges sale of Elmhurst mixed-use building

Marcus & Millichap facilitated the sale of Spring Road Apartments, a 24,687-square foot, mixed-use property located in Elmhurst, Illinois, according to Steven D. Weinstock, regional…

OhioMultifamily

Capstone veteran joins Cincinnati business leadership group

Stash Geleszinski, managing director of Capstone Apartment Partners in Cincinnati, has been invited to join the Cincinnati Business Courier Leadership Trust, a community for business…

MidwestMultifamily

A slowdown in apartment construction? Cushman & Wakefield says it’s so

Developers have been in a race to add new multifamily units to cities across the country since 2015. But the latest research from Cushman &…

AIA sells 10-building, 136-unit apartment portfolio in Chicago’s south suburbs

Apartment Investment Advisers (AIA) recently closed the sale of a 10-building, 136-unit apartment portfolio in south suburban Riverdale, Illinois, commonly known as the Eagles View…