Joint Venture gets $125M loan to refinance The Tides at Lakeshore East
CBRE Capital Markets' Debt & Structured Finance team has arranged a $125 million loan for the refinance of The Tides at Lakeshore East, a 608-unit,…
Multifamily
Marcus & Millichap arranges $1M sale of Chicago apartment property
Marcus & Millichap announced the $1.0 million sale of 2014 West Cortez Street, a four-unit apartment property located in Chicago.
42 West Apartments nearing completion in Southfield, Michigan
Construction is nearly complete on 42 West Apartments, the first new, mid-rise apartment community built in Southfield in more than 25 years.
Lancaster Pollard survey: Big majority of multifamily pros ready to build in 2016
Affordable and multifamily developers don't plan on slowing their construction efforts this year, at least not according to a recent housing survey released by Lancaster…
NorthMarq Capital secures $42.2M refinance of Chicago multifamily property
NorthMarq Capital has arranged the $42.2 million refinance of The Residences at 1550, a 509-unit multifamily property in Chicago, Illinois.
Study: More than one in four renters in Illinois’ biggest cities spend more than half of their incomes on rents
How expensive are apartment rents in Chicago and Illinois' other major cities? A new study shows that more than one in four renters in these…
Tikijian Associates sells 187-unit apartment community in Indianapolis
Tikijian Associates closed the sale of Cheswick Village Apartments on the east side of Indianapolis. The sale of the 187-unit apartment community closed Jan. 29.
Friedman sells 10,000-square-foot office building in Detroit market
Friedman Integrated Real Estate Solutions recently sold a 10,285-square-foot office building at 23265 Northwestern Highway in Southfield, Michigan.
Dougherty Mortgage closes $1.1 million loan for 54-unit multifamily property in Minnesota
Dougherty Mortgage LLC recently closed a $1.1 million HUD 221(d)(4) loan for the acquisition and substantial rehabilitation of River View Flats, a 54-unit affordable multifamily…
Joining the transit-oriented-development movement: Cubed Construction brings new life to Arlington Heights’ Vail Davis building
The Vail Davis building has stood in the Chicago suburb of Arlington Heights since 1928, its distinctive castle tower a familiar sight in the suburb's…