Apartment dwellers still crave sustainability
Sustainability was supposed to be a passing fad. But unlike conversation pits, wood paneling and avocado green appliances, renters have yet to grow tired of…
Multifamily
Sterling Bay partners with Skender to bring modular affordable housing projects to Chicago’s West Side
Sterling Bay will build an 83-unit apartment building and 10 three-flats on Chicago's West Side, all offering affordable housing units, with another 100 or more…
The commercial action in Indianapolis? It’s downtown
People want to live in downtown Indianapolis. And that demand is providing a significant boost to the multifamily market in the center of this key…
Gold Coast condo building seeks deconversion buyer
CBRE has been retained to list 21 East Chestnut Condominiums, a 163-unit condo property in Chicago, for deconversion to apartments. Built in 1962 and converted…
South Side multifamily portfolio seeks $20 million buyer
A 208-unit portfolio in Chicago's South Shore neighborhood has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at 7500 S. South…
Is the growth in apartment rents starting to slow?
It's long been a hot topic: How long can the multifamily market stay as strong as it's been? We still don't have an answer, but…
Marcus & Millichap arranges sale of 18-unit apartment building in Bellwood, IL
Marcus & Millichap completed the sale of an 18-unit apartment property located at 620 Bellwood Avenue in Bellwood, Illinois, according to Steven D. Weinstock, regional…
Apartment Investment Advisers completes two Chicago multifamily deals
Apartment Investment Advisers (AIA) recently closed on two multifamily building sales on Chicago's North Side. Bill Cassin of AIA was the sole broker involved in…
Multifamily investors finding value in markets like Kankakee
The Kankakee-Bourbonnais-Bradley metropolitan area is a microcosm, 30 square miles or so of built-up urban area surrounded on all sides by farmland. It's semi-independent of…
Bar and eatery coming to Timberland’s Elevate project in Minnesota
Timberland Partners announced that Brick & Bourbon has signed a lease at Elevate at Southwest Station Apartments, a mixed-use project currently under construction in Eden…