Multifamily

American Realty Advisors buys 216-unit apartment building in Chicago's West Loop neighborhood

American Realty Advisors has acquired The Madison at Racine, a 216-unit luxury apartment community in the heart of Chicago’s West Loop/ Fulton submarket.

MidwestMultifamily

Evergreen Real Estate Group opens 40-unit apartment building in Mundelein

Fairhaven Crossing Apartments, a 40-unit building, opened in March in north suburban Mundelein, Illinois.

KeyBank Real Estate Capital provides $12.6 million in loans for manufactured housing portfolio in Indiana

KeyBank Real Estate Capital has provided a total of $12.6 million in Freddie Mac first mortgage loans for a two-property manufactured housing portfolio in Indiana.

Magellan Development's 39-story apartment building slated to open in July 2017

Magellan Development Group and Mac Management placed the final structural beam during a topping-out ceremony for The Gallery on Wells, a 540,120-square-foot apartment building in…

Colliers International complete $5.7M sale of condo in Lake View

Tyler Hague, president of Colliers, and an associate Jack Maloney have completed the $5.7 million sale of a 22-unit condominium building in Lake View earlier…

Interra Realty closes on $7.3M multi-family buildings in Chicago

Interra Realty brokered the sale of a four-property portfolio with a total of 24 units in Chicago's Hyde Park neighborhood.

MinnesotaMultifamily

Finance pros: Multifamily market still booming, overbuilding not yet a concern in Midwest

Minneapolis' Dougherty Mortgage has been busy, fielding plenty of financing requests from investors who want to acquire and developers who want to build apartment complexes…

Gateway, Tut and Tut acquires 78-unit apartment in O'Fallon

Gateway Multifamily Group, along with their in-house property management company, Tut and Tut Properties, has acquired a 78-unit garden style apartment community in O'Fallon, Illinois.

MichiganMultifamily

Citizens Commercial Banking providing $35 million construction loan for University of Michigan student housing

Citizens Commercial Banking is providing a $35 million construction loan to Core Ann Arbor, LLC -- a joint venture between Core Spaces and DRW Real…

MinnesotaMultifamily

CBRE Capital Market provides $1.34 million in financing for 20-unit apartment building in Minneapolis

CBRE Capital Markets' debt and structured finance division arranged $1.34 million in long-term financing for a 20-unit multifamily complex in the Ventura Village neighborhood just…