Multifamily

First look at the Boulevard Condominiums in Ukrainian Village

Chicago-based Wilshire Homes Development and @properties have opened a model home at The Boulevard, a boutique building offering 16 new-construction condominiums in Chicago's Ukrainian Village.…

Did Chicago just deep-six deconversions?

Chicago's City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental…

OhioMultifamily

Reichle Klein sells seven-building apartment complex in Toledo

Reichle Klein Group recently arranged the $5.24 million sale of the Oasis at Inverwest Apartments in Toledo, Ohio.

Lendlease, Magellan break ground on two Lakeshore East residential towers

Lendlease and co-developer Magellan Development Group celebrated the groundbreaking of Cirrus, a 47-story condominium tower along Chicago's lakefront in the Lakeshore East community. Scheduled for…

33 Realty sells Belvidere, IL apartment portfolio

33 Realty has completed the sale of a three-property, 64-unit portfolio of apartments in Belvidere, Illinois for $3,300,000. Consisting of 28 units at 504-544 Biester,…

MinnesotaMultifamily

CBRE sells 209-unit multifamily property near Minneapolis

CBRE recently represented Schafer Richardson in the sale of Eastwood Ridge, a 209-unit multifamily property in Rochester, Minnesota, to Timberland Partners.

KTGY unveils plans for Indianapolis’ Grid multifamily project

KTGY Architecture + Planning has unveiled the details behind the design of Grid, a 175-unit rental community being developed in downtown Indianapolis. Developed by Milhaus,…

Are deconversions doomed? New legislation looks to heighten the barrier to entry

Chicago's condo deconversion trend seems to have slowed a bit compared to years past, but there are still deals happening and interest in all quarters…

Opus wraps up luxury multifamily development in Des Plaines

The Opus Group completed work on Ellison Apartments, a luxury, multifamily, market rate development in Des Plaines, Illinois near O'Hare's office and industrial submarkets. Ellison…

Monarch closes Kimball Station apartments in Albany Park for $15.2M

Monarch Realty Partners sold Kimball Station, a 59-unit apartment building in Chicago's Albany Park neighborhood, for $15,240,000. Excluding two commercial spaces which were vacant at…