Omaha’s The Lund Company adds to brokerage staff
Jake Denker has joined the brokerage team at Omaha’s Cushman & Wakefield/The Lund Company. Denker will specialize in investment sales, with a focus on multifamily…
Multifamily
Two South Side Chicago apartment buildings sell for $1.1 million
Marcus & Millichap brokered the sale of 700 E. 81st Street and 8055 S. Langley Avenue, according to David G. Bradley, regional manager of the…
33 Realty brokers $7M deconversion sale of 49-unit property in Uptown
Chicago-based commercial real estate firm 33 Realty recently brokered the $7,000,000 sale of a 49-unit condo building located at 918 W. Winona Street in Chicago.…
The multifamily juggernaut? It’s showing no signs of a slowdown
No signs of a slowdown. That's the takeaway from Yardi Matrix's recently released April multifamily report, which shows that monthly apartment rents across the country…
Not a passing craze: Deconversions still strong in Chicago
There were two major condo deconversion deals announced in Chicago at the close of 2018: Kiser Group's deconversion of the 250-unit Flats on LaSalle and…
Berkadia sells 133-unit apartment community in Indianapolis
Berkadia recently sold Highland Pointe, a 133-style multifamily property in Indianapolis. Chris Bruzas and Alex Blagojevich of Berkadia's Chicago office led the transaction on behalf…
Draper and Kramer employees win St. Louis Apartment Association honors
Two employees of Draper and Kramer, Incorporated were honored at the St. Louis Apartment Association Rising Star Awards, which were held April 27. The awards…
CRE experts sound off on rent control in Illinois
For more than 20 years, a law on the books in Illinois has prevented any municipality from enacting rent control measures. But with the elections…
Opportunity Zone program bringing new life to lot near Indiana University
Developers and investors praised the Opportunity Zone program when it became law as part of the 2017 Tax Cuts and Jobs Act. The hope was…
Kraus-Anderson wraps construction of affordable housing project in Minnesota
Kraus-Anderson has completed construction of Fontaine Towers, a 119,000-square-foot affordable housing project located at 102 2nd St. SE in Rochester, Minnesota.