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Multifamily

Albany Park multifamily property sells for $127,777 per unit

A nine-unit multifamily building sold at 3101 W. Leland Avenue in Chicago's Albany Park neighborhood. SVN Chicago Commercial advisors Paul Cawthon and Angelo Labriola represented…
December 7, 2018
MidwestMultifamily

After two quiet months, apartment rents rise again

Renters enjoyed a two-month break from apartment rent hikes in October and November. But December? That's a different story, as ABODO in its latest monthly…
Dan Rafter December 7, 2018

Pre-leasing begins at Old Town boutique rental property, 1325 N. Wells

Chicago-based Spaces Real Estate has started pre-leasing at 1325 N. Wells, a new boutique rental community in Chicago's Old Town neighborhood. Developed by Sedgwick Properties,…
December 6, 2018

$1.85 million sale for 16-unit apartment property in Chicago’s South Shore

Marcus & Millichap's Anthony Hardy, a senior associate, and Thomas Heitzman, an associate, both the firm's Chicago Downtown office, represented the buyer and seller in…
December 6, 2018

McShane Construction bringing new supportive housing to Arlington Heights

McShane Construction Company has started working on Heart's Place Apartments for the Housing Opportunity Development Corporation and UP Development. The 18,780-square-foot supportive housing complex located…
December 5, 2018

Inland Real Estate completes off-market sale of Gurnee multifamily property

Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of Deer Creek Condominiums, a 58-unit residential property located in Gurnee, Illinois, a northern…
December 4, 2018

Marcus & Millichap arranges two separate Chicago-area apartment sales totaling $4.5M

Marcus & Millichap facilitated the sale of two multifamily properties in the Chicago area. The two separate transactions were in Evanston and Dolton, Illinois, with…
December 4, 2018

Uptown multifamily property sells at $2.3M

SVN Chicago Commercial senior vice president Jeff Baasch has completed the sale of a 12-unit multifamily building at 830-32 W. Leland Avenue in Chicago's Uptown…
December 3, 2018
MidwestMultifamily

Workforce housing a new darling of investors?

Workforce housing has become a draw for the dollars of investors, according to the latest research from CBRE. The reason is simple: This type of…
Dan Rafter December 1, 2018
MinnesotaMultifamily

Lupe Development to build affordable housing project in Minnesota

Lupe Development Partners is accelerating its start date for the first phase of an affordable housing development campus in the Lyn-Lake community of Whittier, Minnesota,…
December 1, 2018
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