Pillar closes $11 million loan for multifamily property in Cleveland
Pillar has originated an $11.8 million Fannie Mae loan for Mariner's Watch, an ENERGY STAR Green-certified, Class-A multifamily property in Cleveland.
Multifamily
Flaherty & Collins Properties to break ground on $26.5 million apartment development in New Albany
The City of New Albany, Indiana, and Flaherty & Collins Properties will break ground on The Breakwater, a $26.5 million luxury residential apartment development at…
CBRE report: Operating a data center in Kansas City makes good financial sense
Dougherty Mortgage LLC, recently closed a $15.1 million HUD 221(d)(4) loan for the rehabilitation of 700 Central, currently a pair of conjoined historic warehouse buildings…
Kansas City’s Block Funds and Block Multifamily Group purchase two multifamily properties
Kansas City-based Block Funds, a real estate equity firm, and Block Multifamily Group, a national multifamily management services company, acquired two multifamily properties in Northwest…
CBRE sells 156-unit apartment building in Indianapolis
CBRE Group has completed the sale of Eagle Chase, a 156-unit apartment community on the west side of Indianapolis.
Employment gains drive Twin Cities’ apartment market
Why is the multifamily market such a hot one in the Twin Cities? Marcus & Millichap points to the jobs market here. According to the…
NorthPoint Capital Funding closes $2.1M multifamily refinance
NorthPoint Capital Funding, Inc. has refinanced a 32-unit multifamily property in northern Lake County, Illinois, according to the firm.
Binswanger sells 150,000-square-foot industrial building in Missouri
KeyBank Real Estate Capital has arranged $51.1 million in Fannie Mae financing for Park Lafayette Towers, a 271-unit, high-rise multifamily property in Milwaukee.
McShane Construction selected to complete 84-unit multifamily project in Chicago
McShane Construction Company has been selected to complete Clybourn 1200, an 84-unit mixed-use, mixed-income development in the Old Town neighborhood of Chicago.
CBRE’s Kanas City multifamily team celebrates record-setting year
The multifamily team at the Kansas City office of CBRE ended 2015 with 18 multifamily sales transactions representing $480 million in sales volume and 4,620…