Berkadia closes sale of 156-unit townhome community in St. Louis
Berkadia recently closed the sale of Windsor Townhomes, a 156-unit townhome-style apartment community in St. Louis.
Multifamily
Interra Realty brokers $8.2M deconversion sale in Chicago’s Buena Park
Interra Realty has brokered the $8.2 million deconversion sale of 744 W. Gordon Terrace, a four-story, 34-unit building in Chicago's Buena Park neighborhood. The sale…
Cohen Financial closes $10.6 million loan for Michigan apartments
Cathy Bronkema, managing director in the Grand Rapids, Michigan, office of Cohen Financial, secured a $10.6 million HUD 223(f) 35-year, fixed loan with a low…
Multifamily still strong: Monthly apartment rents hit a new high in July
Commercial real estate professionals are wondering when the multifamily market will slow. But the latest research from RENTCafe shows that as of the middle of…
Northwest suburban Chicago apartment complex sells for $2.3M
Marcus & Millichap announced the sale of a 32-unit apartment property in Schiller Park, Illinois, according to Steven D. Weinstock, regional manager of the firm's…
Is the robust pace of multifamily development restraining improvement in Chicagoland vacancy?
A quickening pace of job growth has led to more household formation, and thus underpinning demand in Chicago and elsewhere for apartment space. While net…
Ryan Companies unveils concepts for Naperville rail-adjacent projects
After months of meetings with Naperville community members, stakeholder groups, city staff and the City Council, Ryan Companies released a first round of concepts for…
Interra Realty brokers $2.15M sale of Edgewater apartment building
Interra Realty announced it has brokered a $2.15 million sale of a multifamily building in Chicago's Edgewater neighborhood. Located at 6203-09 N. Ravenswood Avenue, the…
L5 Investments acquires 300-unit apartment community near St. Louis
L5 Investments in partnership with BH Equities has acquired Schoettler Village Apartments, a 300-unit apartment community in Chesterfield, Missouri, a submarket of St. Louis.
Marcus & Millichap: Apartment demand, supply rising in Green Bay
A lower cost of living and a decrease in the area's unemployment rate means more people are looking for apartments in the Green Bay and…