Multifamily

Newmark Grubb Knight Frank closes sale of 140-dorm Heritage Hall in Cleveland

A not-for-profit affiliate of Cleveland State University has sold Heritage Hall to Houston-based Asset Plus Companies, Inc., the largest privately owned student-housing company in the…

Dougherty Mortgage closes $9.5 million refinance loan for 73-unit apartment property in St. Paul

Dougherty Mortgage has closed a $9.5 million HUD 223(f) loan for the refinancing of Crosby Pointe Apartments, a 73-unit multifamily market-rate apartment property in St.…

Marcus & Millichap sells 72-unit apartment property in Chicago Ridge

Marcus & Millichap has closed the sale of Ridge Terrace Apartments, a 72-unit apartment property in Chicago Ridge, Illlinois.

Walker & Dunlop closes $16 million refinance loan for 114-unit Milwaukee apartment building

Walker & Dunlop, Inc. recently originated a $16.25 million fixed-rate loan for the refinance of The Franklin Apartments in Milwaukee. The loan has a 25-year…

NorthMarq closes $7.25 million loan for 92-unit apartment complex in Iowa

Jason Kinnison, senior vice president of NorthMarq Capital's Omaha-based regional office, has secured permanent financing of $7.25 million for The Apartments at Prairie Lakes in…

PCCP provides $29 million acquisition loan for 193-unit apartment complex in Columbus suburb

PCCP has provided a $29.48 million senior loan to a private high-net-worth investor for the acquisition and lease-up of The Heights, a newly constructed two-building,…

Marcus & Millichap arranges sale of multifamily property in Elmwood Park

Marcus & Millichap announced the sale of 2646-50 North Harlem Avenue, a 12-unit multifamily property located in Elmwood Park, Illinois, according to Steven D. Weinstock,…

YardiMatrix: Apartment rents continue rapid rise

The multifamily market is showing no signs of slowing down, at least according to the latest data provided by YardiMatrix. That's good news for landlord,…

Marcus & Millichap announce $23 million sale of Riverwood Apartment Homes

Marcus & Millichap announced the sale of Riverwood Apartment Homes, a 354-unit apartment complex in Lansing, Illinois. The $23 million sales price equates to $65,000…

Marcus & Millichap sells 384-unit apartment property in Kansas City

Marcus & Millichap closed the sale of Whispering Lake Apartments, a 384-unit multifamily complex in Kansas City, Missouri. The terms of the sale were not…

Multifamily

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