Multifamily

Hunt Real Estate Capital finances $7.4M acquisition of two multifamily portfolios

Hunt Real Estate Capital provided two Freddie Mac small balance loans totaling $7.42 million to finance the acquisition of two multifamily portfolios located in the…

Avanth acquires two affordable multifamily properties for $72M

Avanath Capital Management, LLC has acquired two affordable multifamily properties totaling 668 units in the Chicago metro through an institutional fund, Avanath Affordable Housing III, for a…

Calumet City apartment building sells for $350,000

Marcus & Millichap announced the sale of an 11-unit apartment building located at 1365 River Drive in Calumet City, Illinois, according to Steven D. Weinstock,…

First look at The Field’s Lofts warehouse to luxury apartment transformation

Construction is underway on The Field's Lofts, a luxury apartment adaptation of a former warehouse on the edge of Chicago's Logan Square neighborhood. Pre-leasing on…

Marcus & Millichap arranges sale of 48-unit Forest Park building

Marcus & Millichap announced the sale of Hampshire House, a 48-unit apartment property located at 520 Des Plaines Avenue in Forest Park, Illinois, according to…

Interra Realty brokers $6.5M in sales in Chicago’s Andersonville Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, brokered the $3.75 million sale of a 12-unit multifamily building and adjacent lot on Glenwood…

MinnesotaMultifamily

CBRE closes sale of 107-unit apartment building near Minneapolis

CBRE Multifamily recently represented ownership in the sale of Wayzata Woods, an apartment community in Wayzata, Minnesota, to BLF Holdings, LLC for $16.5 million.

MidwestMultifamily

Apartment renters paying average of $41 more a month than a year ago

Is demand for new apartment units finally slowing in major cities across the Midwest? There's debate about that. But the latest research from Yardi Matrix…

MinnesotaMultifamily

Opus wraps construction of 370-unit apartment building in Minneapolis

The Opus Group recently completed 365 Nicollet, a 30-story, market-rate apartment building in the heart of downtown Minneapolis on Nicollet Mall.

Kiser Group closes $4.5M in multifamily transactions

Mid-market multifamily brokerage Kiser Group recently brokered two multifamily transactions for $4,550,000. Kiser Group brokers Danny Logarakis and Stevens Haen facilitated the 2049 W. Jarvis…