Multihousing Markets Spur Activity and an IREJ Conference
The multifamily housing market in Chicago's downtown and suburban markets continues to spark great interest, from renters and developers to buyers and money sources. It…
Multifamily
Multifamily market becoming a crowded house
It's not too late to jump into the red hot multifamily market, but it is turning out to be a rather crowded house, agreed a…
NAI Hiffman negotiates two multifamily sales
NAI Hiffman's William Montana has brokered the sale of two multifamily complexes, Dixon River Apartments and Kiwanis Manor, on behalf of AIMCO to a Milwaukee-based…
RREEF pays $107M for Cityfront Place
RREEF, the real estate investment business of Deutsche Bank's Asset Management division, through its fund RREEF America REIT II, has acquired Cityfront Place, a multifamily…
Essex Realty brokers $1.25M multifamily sale in Evanston
Essex Realty Group, Inc. has announced the sale of a thirteen unit, walk-up style, apartment building located on the corner of Monroe Street and Sherman…
HFF closes $40 million sale of 694-unit affordable housing community in Chicago
HFF announced today that it has closed the sale of Parkway Gardens, a 694-unit, 100 percent Project-Based Section 8 community on the south side of…
Centerline Capital Group Invests In Chicago’s Park Boulevard Redevelopment Deal
Centerline Capital Group has invested $9.1 MM in the second phase (2A) of the new Park Boulevard project in Chicago. The redevelopment of this south…
Several Class A Apartment towers up for sale
The apartment market is booming in Chicago and big name developers are attempting to capitalize on the recent surge in value as several buildings have…
Apartment market heats up
A dearth of commercial construction in Chicago has been the norm for the past several years, but as the multifamily market stands to post strong…
HFF closes the sale of the Reserve in Evanston
HFF announced today that it has closed the sale of The Reserve at Evanston, a 193-unit, Class A luxury multi-housing community in Evanston, Ill.