Buena Park condo converted to apartments, sold for $16.2M
A 101-unit condominium deconversion was finalized at 732 W. Bittersweet Pl. in Chicago's Buena Park neighborhood, according to Interra Realty.
Multifamily
Marcus & Millichap arrange sale of Mount Prospect apartment building
Marcus & Millichap arranged the sale of Rand Park Apartments in Mount Prospect, Illinois, according to a statement from the company.
Timberland Partners acquires 92-unit apartment community near Des Moines
Minneapolis-based Timberland Partners has acquired Prairie Lakes, an apartment community in Ankeny, Iowa. Timberland Partners now owns and manages 62 apartment communities totaling nearly 12,000…
The hardest place to find an empty apartment? It’s in the Midwest
Renting an apartment in the Minneapolis-St. Paul market is no easy task today. In fact, this market has the fewest percentage of vacant apartments in…
Indianapolis apartment market? Nothing but good news for investors, owners
Developers are still busy building new apartment communities throughout the Indianapolis area. But the pace at which they are delivering new units has slowed. This…
NAI Ohio Equities helps sell obsolete industrial building in Columbus market
NAI Ohio Equities helpd broker the sale of a 265,000-square-foot functionally obsolete industrial building on 10 acres in the submarket of Clintonville, Ohio, to Vision…
Berkadia closes $15 million loan for Kansas City apartment complex
Berkadia provided $15.2 million of financing for SouthRidge Apartments, a multifamily property in Kansas City, Kansas.
Related Midwest’s Sarah Wick receives ULI’s Young Visionary Award
Sarah Wick, a project manager at Related Midwest, was awarded ULI Chicago's Young Visionary Award for her work on the historic Julia C. Lathrop Homes.
Related Midwest’s Sarah Wick receives ULI’s Young Visionary Award
Sarah Wick, a project manager at Related Midwest, was awarded ULI Chicago’s Young Visionary Award for her work on the historic Julia C. Lathrop Homes.