Interra Realty brokers sale of two multi-family properties in Chicago
Interra Realty brokered the sale of two multi-family properties in Chicago's North Side Lake View and South Side Washington Park neighborhoods.
Multifamily
Friedman sells 58-unit apartment building in Detroit
Friedman Integrated Real Estate Solutions recently sold Iris Manor, a 58-unit multi-family property at 9501 Iris St. in Detroit. The seller, Thornton Enterprise, LLC, sold…
Rental boost: Chicago added 9,400 residential units to the market in 2016
Chicago developers supercharged the market in 2016 by opening thousands of new, high-rise apartment buildings, according to research data from YardiMatrix and RENTCafe.
Milhaus to start construction on 361-unit Gallerie apartments in Kansas City
Milhaus will break ground April 10 on Gallerie, a mixed-use apartment community that will serve three Kansas City neighborhoods: Crown Center, Union Hill and Longfellow.…
Meridian Capital Group closes $26 million loan for luxury multifamily properties in St. Louis
Meridian Capital Group arranged $26.2 million in acquisition financing for The Tower and The Lofts at OPOP, luxury multifamily properties in Saint Louis. Meridian provided…
Waterton acquires West Loop apartment community
Waterton, a real estate investor and operator, announced the acquisition of an 81-unit rental community formerly known as Madison Aberdeen Place in Chicago's West Loop…
Are the days of soaring apartment rents coming to an end?
Monthly apartment rents across the country remain high. But it appears that these rents might be rising at a slower clip throughout 2017.
Evergreen hires vice president of construction
Evergreen Real Estate Group announced that Andre A. Pintauro has joined the company as a vice president of construction.
Housing experts discuss market at IREJ Apartment and Multi-family Summit
The Illinois Real Estate Journal hosted the 8th Annual Apartment and Multi-family Summit on Thursday, where industry experts discussed the state of the market, trends…