Multifamily

MinnesotaMultifamily

Kraus-Anderson, Inland Development to develop 316-unit apartment complex in Minnesota

Kraus-Anderson and Inland Development Partners are developing a three-story, 316-unit housing project in Richfield, Minnesota. Located near 66th and Cedar Avenue, the $60 million Chamberlain…

TennesseeMultifamily

Dominium wraps renovations at 185-unit apartment complex in Tennsee

Dominium, a Minneapolis-based apartment development and management company, has completed renovations on the Villages of Gallatin Apartments & Townhomes in Gallatin, Tennessee. A grand re-opening…

New buyer for Chicago South Works property plans 20,000 housing units

Emerald Living acquired the South Works property from U.S. Steel, which the development company has renamed New SouthWorks, according to an announcement from Mayor Rahm…

Affordable housing Harvest Homes opens in Chicago

Mayor Rahm Emanuel joined Rev. Michael Eaddy, Ald. Jason Ervin and community members to open Harvest Homes, a new 36-unit affordable housing complex in Chicago's…

McShane Construction Company selected by Graystar to build Lombard apartments

Greystar selected McShane Construction company to complete Elan Yorktown, a new luxury apartment community in Lombard, Illinois.

Tikijian Associates sells 644-bed multifamily community near Purdue University

Tikijian Associates has sold McCormick Place, a 644-bed student apartment community in West Lafayette, Indiana.

MissouriMultifamily

Multifamily rents jump in a big way in June

Multifamily rents across the country, and throughout the Midwest, rebounded in a big way in June, rising $12 to an average of $1,349, according to…

Greystone hires managing director

Kelley Klobetanz has joined lending, investment and advisory company Greystone as a managing director. She will focus on the multifamily, affordable housing and healthcare sectors.

Monument Capital Management acquires Residences at 1550 in Mt. Prospect

Monument Capital Management expanded its footprint with the acquisition of Residences at 1550, a 509-unit apartment community located in Mt. Prospect, Illinois.

Habitat Company adds 3 affordable housing properties in Chicago

The Habitat Company, a mutlifamily developer and property manager, has acquired and assumed property management of an affordable rental development in Chicago's Englewood neighborhood and…