Marcus & Millichap sells 18-unit apartment complex in Minnesota
Marcus & Millichap recently closed the sale of Sunrise Apartments, an 18-unit apartment property in Alexandria, Minnesota. The asset sold for $895,000.
Multifamily
33 Realty sells Uptown mixed-use
33 Realty has arranged the $3,300,000 sale of 4751-4759 N. Sheridan Rd in Chicago's eclectic Uptown neighborhood. Completed in 1908, this 23,000-square-foot, mixed-use property is…
Raj Tut: From one mobile home deal to more than 500 units
Raj Tut started O'Fallon, Illinois-based Gateway Multifamily Group in 2013 to invest in multifamily properties throughout the St. Louis area. When Tut started the firm,…
CRG unveils its Bucktown development, A.M. 1980
CRG is developing A.M. 1980, a multifamily rental building at the intersection of Milwaukee and Armitage Avenues in Chicago's Bucktown neighborhood. Located at 1980 N.…
Rental-retail mixed-use breaks ground in Chicago’s Logan Square
Chicago-based co-developers Fifield Realty Corp., the development arm of Fifield Cos., and Terraco Real Estate broke ground last week on Logan's Crossing, a mixed-use project…
Meridian Capital arranges $72M in acquisition financing for condo deconversion
Meridian Capital Group arranged $72 million in acquisition financing for the condo deconversion of Kennelly Square in Chicago into multifamily rental units, on behalf of…
Essex Realty brokers multifamily building sale in Albany Park
Essex Realty Group, Inc. has facilitated the sale of 4954 N. Ridgeway Avenue in Chicago for approximately $3,850,000. The property was originally built as rental…
RENTCafe survey: Too many renters can’t afford to live close to work
Living near your job is one of the most important factors when it comes to qualify of life. The problem for many? Apartment rents are…
Interra Realty brokers two deals totaling $16.5 million
Chicago-based Interra Realty brokered the sale of 44 apartments and three retail spaces in the 5400 block of North Broadway Avenue in Chicago's Edgewater neighborhood.…
Gateway buys 29-unit multifamily development in St. Louis market
Gateway Multifamily Group has purchased 29 townhouse-style multifamily units in the St. Clair County submarket of St. Louis. The company has also committed to developing…