Multifamily

Why you shouldn’t worry (yet) that developers are bringing too many apartment units to your city

It's common knowledge that the multifamily market remains a hot one across the Midwest and the nation. But sometimes it helps to look at the…

American Street Capital arranges $2.8 million in financing for multifamily property

American Street Capital (“ASC") has arranged $2.80 million in financing for a 56-unit multi-family property in Loves Park, IL. The transaction closed in July, 2015.

Dominium to transform Fort Snelling Upper Post into Twin Cities affordable multifamily housing

Dominium has been approved to rehabilitate the historic Fort Snelling Upper Post former military base in the heart of the Twin Cities into affordable multifamily…

Ryan Companies and Lincoln Property Company announce groundbreaking for luxury Gold Coast apartment tower in Chicago

Ryan Companies US, Inc. and Lincoln Property Company have announced plans for a luxury, amenity-laden apartment tower in Chicago's downtown Gold Coast residential market, targeting…

CBRE sells 208-unit apartment property in Michigan

CBRE's Bill O'Connor and David Hesano recently closed on the sale of the 208-unit multifamily East Bay Village Apartments in Essexville, Michigan, in the Bay…

Dougherty Mortgage closes $3.5 million rehab loan for 44-unit apartment project in Minneapolis

Dougherty Mortgage recently closed a $3.5 million HUD 221(d)(4) loan for the rehabilitation of The Cameron, a 44-unit multifamily affordable housing property in the North…

Walker & Dunlop closes $50 million loan for suburban Chicago multifamily property

Walker & Dunlop, Inc. recently closed a $50 million loan for Greenwood Capital Investment's refinancing of Autumn Chase Apartments, a 550-unit property in Hoffman Estates,…

Grandbridge Real Estate Capital closes $16 million loan for 240-unit multifamily property in Minnesota

Grandbridge Real Estate Capital recently closed a $16 million first mortgage loan secured by a 240-unit multifamily property in St. Cloud, Minnesota.

Holliday Fenoglio Fowler sells 550-unit multifamily property in Missouri

Holliday Fenoglio Fowler, L.P. has closed the sale of The Mansion, a 550-unit multi-housing community in Independence, Missouri.

Affordable housing lenders welcome new FHA financing initiative

The nation's leading affordable housing lenders support HUD/FHA's announcement that it will expand financing for affordable apartments through partnerships with experienced private lenders.

Multifamily

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