HFF closes sale of 578-unit apartment community near Madison
Holliday Fenoglio Fowler, L.P. has closed the sale of New Fountains, a 578-unit apartment community in the Madison, Wisconsin, suburb of Fitchburg.
Multifamily
No wonder investors love apartments: Rents are still sky-high across the country
There's a reason the multifamily sector remains the top choice of investors and developers: apartment rents are high, and demand for these units keeps rising.
Multifamily properties look for strong 2017 amid rent growth slowdown, lingering questions
Amid a flurry of questions and a four-month-long decline in rent growth, multifamily properties are still set for a strong 2017, according to the most…
Marcus & Millichap sells 31-unit apartment portfolio in Twin Cities market
Marcus & Millichap recently sold Interlachen Manor and Oaklawn Estates, a 31-unit apartment portfolio in Edina, Minnesota.
Origin Investments, partnership acquire Palatine’s Village Park in $48M deal
Origin Investments, in partnership with Draper and Kramer and LEM Capital, acquired Village Park of Palatine, a 448-unit apartment complex in a deal worth about…
Marcus & Millichap sells 35-unit multifamily building in St. Paul
Marcus & Millichap recently closed the sale of Emerson Hill, a 35-unit apartment property located in West Saint Paul, Minneapolis. The multifamily property sold for…
Berkadia provides $49 million in financing for new apartment community in Cleveland
Berkadia has arranged a $49.5 million loan for Centric Apartments, a new multifamily property in Cleveland. Director Dan Geuther secured the construction loan from Related…
Strategic Properties of North America completes large condo de-conversion in Chicago
Strategic Properties of North America, a client of law firm Taft, recently completed its acquisition of the 133-unit residential building at 2625 N. Clark St.…
Despite the hype for downtowns, United States remains a mostly suburban country
The urban centers of cities are getting most of the press today, with countless stories focusing on the growing number of people -- young and…
Marcus & Millichap sells apartment property in Minneapolis for $1.3 million
Marcus & Millichap has sold 860 10th Avenue SE, a nine-unit apartment property in Minneapolis for $1.3 million.