Multifamily

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…

Commercial Kentucky sells 689-unit apartment building in Louisville

Craig Collins of Cushman & Wakefield/Commercial Kentucky, along with Mike Kemether of Cushman & Wakefield's Atlanta multifamily advisory group, recently helped close the sale of…

ASC arranges $11.14M in financing for Chicago mixed-use property

American Street Capital announced that it has arranged $11.14 million for a 40-unit mixed-use property in Chicago in February.

A stinky situation: Chicago’s dog poop problem

RentHop recently published a study on dog poop complaints throughout Chicago. Turns out, 2016 was a record-setting year in the city for people complaining about…

Multifamily

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