U.S. becoming a nation of renters? Not yet
Is the United States becoming a nation of renters? You might think so when reading all the headlines about the number of U.S. adults becoming…
Multifamily
Walker & Dunlop provides $44.7 million loan for adaptive reuse in Chicago
Walker & Dunlop, Inc. announced that it has arranged $44.6 million in construction and permanent financing through the United States Department of Housing and Urban…
Wicker Park Connection starts to take shape
The second phase of the Wicker Park Connection is now underway, targeting a June 2018 opening. Projected to open at the same time as part…
Apartment investments are bullish nationally, more nuanced in Chicago
A combination of job growth, healthy demographics and accelerated household formation creates a rosy outlook for apartment investments in the coming year. For Chicago, location…
Back from ruin: Rehab projects making a difference across the Midwest
The rehabilitation of an old building in the Midwest isn't just a construction project, it's an event.
ABODO survey: Apartment rents fall this February for first time in six months
For the first time in six months, renters might be getting a bit of relief from high apartment costs.
Institutional Property Advisors sells 295-unit apartment building in Cleveland
Institutional Property Advisors, a division of Marcus & Millichap, recently closed the sale of Statler Arms, a 295-unit apartment building in downtown Cleveland. The property…
NMHC: Developers already planning the apartments of the future
Officials with the National Multifamily Housing Council know that technology is changing everything. The company points at success stories such as Uber. It's the largest…
Federal tax overhaul creates barriers to investment in low income housing
When Congress passed a sweeping rewrite of the federal tax code last December, they left in place the low-income housing tax credit (LIHTC). However, lowering…
Triad Real Estate Partners sells 284-unit, two-building multifamily portfolio in Indiana
Triad Real Estate Partners recently closed the sale of a 284-unit two-property portfolio in Anderson, Indiana.