Multifamily

MichiganMultifamily

Village Green: Rent trumps all, but it’s not the only factor influencing potential tenants

What matters most to renters when they're choosing an apartment? According to a new survey from Detroit-based property management company Village Green, monthly rent trumps…

Report: Rents advance despite record apartment construction

Renter demand surged as steady job additions bolstered household formation, according to a report Marcus & Millichap. The significant wave of deliveries was largely absorbed…

Interra Realty closes on Washington Park multifamily property

Interra Realty brokered a 38-unit multifamily property at 6125 S. Indiana Ave. in Chicago's Washington Park neighborhood for $2.73 million.

Opus Group completes La Grange luxury apartments

The Opus Group completed Uptown La Grange, a luxury apartment community in La Grange, Illinois.

OhioMultifamily

Aspen Place to bring 40 affordable apartments to Cleveland

Forty affordable apartments will soon be available to low-income residents in Cleveland thanks to Aspen Place, a 49,000-square-foot new-construction development in the heart of the…

MissouriMultifamily

Marcus & Millichap: Apartment sector booming across Midwest

How strong is the multifamily sector across the Midwest? According to Marcus & Millichap's third-quarter research, several Midwest cities continue to see record-setting apartment development…

Interra Realty brokers Pilsen mixed-use property for $3.1M

Interra Realty closed on a 13-unit mixed-use property at 1157 W. 18th St. for $3.1 million in Chicago's Pilsen neighborhood.

Mayor Emanuel initiates program to generate affordable housing in Chicago

A pilot initiative to enhance affordability requirements for large residential development projects in gentrifying areas on the Near North and Near West sides, and along…

Walkable living in the suburbs: Transit-oriented developments aren’t just for the city

The big cities get all the press when it comes to multifamily development. The trend stories are plentiful: Millennials and empty nesters both are flocking…

MinnesotaMultifamily

United Properties breaks ground on 385,000-square-foot mixed-use development in Minneapolis

United Properties has broken ground on The Nordic, a 385,000-square-foot, mixed-use development project in Minneapolis' North Loop neighborhood.