The top city for apartment conversions in 2024? It was Chicago
Chicago became the top city for apartment conversion projects in 2024, according to the latest research from RentCafe.
Multifamily
Marcus & Millichap brokers $2.5 million sale of Chicago multifamily property
Marcus & Millichap closed the sale of 1634 W. Thorndale Ave., a 12-unit multifamily property in Chicago. The property sold for $2,525,000. Steve Rachman, Kyle…
Colliers facilitates sale of multifamily, mixed-use property in Brookfield
Colliers | Wisconsin negotiated the sale of Six65 Brookfield, a multifamily and mixed-use property located along Brookfield Road in Brookfield, Wisconsin. The asset includes a…
Minneapolis’ Sherman Associates names manager of commercial leasing, business development
Minneapolis' Sherman Associates appointed Mary Jo Kelly as Manager of Commercial Leasing and Business Development. Kelly will lead commercial leasing and support business development across Sherman’s mixed-use and…
Standard Real Estate Investments, Vistria Group acquire 420-unit Fox Valley Villages in Aurora
Standard Real Estate Investments, LP and The Vistria Group, LP acquired Fox Valley Villages, a 420-unit residential rental community in Aurora, Illinois. Standard and Vistria…
Marcus & Millichap brokers sale of 66-unit multifamily portfolio in Platteville
Marcus & Millichap closed the sale of a 66-unit multifamily portfolio in Platteville, Wisconsin, for $5.05 million. Marcus & Millichap Capital Corporation (MMCC), a subsidiary…
Trident Development begins construction on 135-unit multifamily property in Apple Valley
Trident Development started construction on Orchard Place Apartments, a new apartment community in Apple Valley, Minnesota, at 15665 English Ave. The new development will feature…
Hillwood breaks ground on 410-unit apartment community in Frisco
Hillwood started construction on Bonham & Baker, a new luxury multifamily community in Frisco Station, a 242-acre master-planned mixed-use development in Frisco, Texas. The 410-unit…
Interra Realty brokers sale of two multifamily properties in Chicago
Interra Realty brokered the sale of two multifamily properties in Chicago. The 24-unit 4954 N. Christiana Ave. in the Albany Park neighborhood sold for $4.5…
Lupe Development, Wall Companies break ground on 95-unit affordable-housing community
Lupe Development and Wall Companies broke ground on a new affordable housing community in the Minneapolis' Hiawatha neighborhood. The four-story, 95-unit building will rise on…