Apartment Investment Advisers sells 8-story multifamily building in Chicago
Apartment Investment Advisers sold an 8-story apartment building located at 940 W/ Winona St. in Chicago's Uptown neighborhood for $8.25 million.
Multifamily
Greystone provides $1.8 million in financing for Detroit-area apartments
Greystone, a real estate lending, investment and advisory company, has provided a $1.8 million Freddie Mac Small Balance Loan to refinance Huron River Apartments in…
Tikijian Associates sells 318-unit apartment community in Indianapolis
Tikijian Associates closed the sale of Williamsburg North Apartments, a 318-unit community on the north side of Indianapolis. Tikijian Associates represented the seller, developer Gene…
RENTCafe study shows seniors increasingly embracing renting
Millennials get most of the press when it comes to the nation's multifamily market, with young adults choosing to rent longer in such markets as…
Berkadia completes sale of multifamily property in St. Charles, Ill.
Berkadia sold a 208-unit multifamily, garden-style property located at 1690 Covington Court in St. Charles, Illinois.
Novak completes 1571 N. Maple Ave. luxury apartments
Novak Construction completed a luxury apartment building located at 1571 N. Maple Ave. in Evanston, Illinois.
JBC opens leasing center for 3Eleven
The John Buck Company opened a leasing center for its new residential building located at 311 W. Illinois St., according to a company statement.
3 design insights to increase a rental’s absorption rate
From Landmark West Loop to SixForty North Wells in River North new rental units continue to come online at a steady pace. With 8,000 new…
KIG CRE markets Elmhurst Terrace Apartments, will fetch upwards of $50M
Elmhurst Terrace Apartments, owned by Horizon Realty Group, has been listed for sale by Chicago-based KIG CRE. The 315-unit, institutional-grade asset was listed unpriced, will…
Renelle on the River secures building permit, nearly half of condos already sold
Renelle on the River, an 18-story, 50-unit luxury condominium at 403 N. Wabash Ave. secured a building permit and has 45 percent of condos sold…