SVN Chicago negotiates $2M sale of multifamily building
A six-unit multifamily building sold at 1431 W. Cortez Street in Chicago's Noble Square neighborhood. Paul Cawthon and Angelo Labriola of SVN | Chicago Commercial…
Multifamily
Wanda Vista Tower up for sale
The 98-story Wanda Vista Tower, currently under construction in Chicago, is up for sale. According to a report by the Chicago Tribune, Dalian Wanda Group,…
RENTCafe study: Renters are the majority in 22 of the United States’ biggest cities
Owning a home has long been considered part of the American dream. But increasingly, people are choosing to rent apartments instead of buying homes.
Oak Park’s tallest multifamily sells for $100 million
Golub & Co. have sold Vantage Oak Park, the tallest apartment tower in Oak Park, IL, to a partnership between Chicago-based Magnolia Capital and Goldman…
Former Otis Elevator factory timber loft conversion is revealed
CEDARst Companies has announced the opening of 1435 W. 15th Street. The large, timber loft building was the former headquarters of the Otis Elevator factory…
RMK Management Corp. lands LEED Gold for North Shore multifamily
RMK Management announced that The Residences of Wilmette, a five-story, TOD rental community in downtown Wilmette, IL, was certified LEED Gold by the U.S. Green…
Multifamily slowdown? Not in St. Louis
The multifamily sector has been booming across the Midwest. This sector has been so strong for so long, that it's natural to expect at least…
Related Midwest tops off One Bennett Park in Chicago
Related Midwest has topped off One Bennett Park, the developer's ultra-luxury residential tower at 451 E. Grand Avenue in Chicago's Streeterville neighborhood. Once completed, the…
City Club Apartments building 288-unit apartment building on former site of famed Detroit hotel
Farmington-Hills, Michigan-based City Club Apartments broke ground Jan. 11 on its City Club Apartments—Central Business District Detroit mixed-use apartment, furnished short-term and penthouse community.
CBRE closes $320 million portfolio sale in four Midwest states
CBRE Capital Markets recently closed the $320.5 million sale and recapitalization of Milhaus' Urban Core Portfolio, a nine-property multifamily portfolio. The properties are located in…