Multifamily

Mixed-use development by Lendlease, John Buck and Intercontinental breaks ground in West Loop

Lendlease, co-developer The John Buck Company and partner Intercontinental Real Estate Corporation, broke ground on 845 West Madison, a two-tower, mixed-use development in Chicago's West…

South Shore multifamily development sells for $3.25 million

Chicago-based commercial real estate investment services firm Interra Realty brokered the sale of a 61-unit multifamily development at 7131-51 S. Bennett Avenue in Chicago's South…

Amenities: The Next Generation (How to add considerable value to multifamily buildings)

The millennial generation's continued delay of homeownership is old news for today's apartment owners and developers. But because young adults are continuing to rent into…

Marcus & Millichap facilitates $4.2M sale of apartment community near St. Louis

Marcus & Millichap announced the sale of Copper Creek Crossings Apartments, a 144-unit apartment property located in Belleville, Illinois, according to David G. Bradley, regional…

Oak Brook approves new luxury condo development, The Butler

The Oak Brook, Illinois Board of Trustees has approved The Butler, a development of 90 luxury condominiums located at 1900 Spring Road, directly across the…

Leasing opens up at Bevel Old Town apartments in Chicago

Chicago-based Spaces Real Estate has begun pre-leasing for Bevel Old Town, a 69-unit boutique rental community at 1552 N. North Park Avenue in Chicago's Old…

MinnesotaMultifamily

Opus building 218-unit apartment development in Minneapolis

The Opus Group has started construction for a six-story, 218-unit market-rate apartment building in the North Loop neighborhood of Minneapolis.

MichiganMultifamily

Marcus & Millichap: Detroit apartment vacancies at five-year low

The multifamily vacancy rate in Detroit remained at its lowest level in five years, according to the fourth quarter multifamily market report from Marcus &…

Mixed-use Uptown development receives financing

CEDARst Companies has secured financing for The Draper at 5050 N. Broadway, a mixed-use development project in Chicago's Uptown neighborhood. The recent closing allows CEDARst…

Marcus & Millichap arranges more than $6M in suburban Chicago apartment property sales

Marcus & Millichap announced the sale of apartment communities in the southwest and far northern parts of the Chicago MSA. The separate transactions, totaling over…