Multifamily

Berkadia closes $10 million for two Minnesota apartment properties

The buyer was Golden Sun Preservation, LLC, an entity controlled by the Minneapolis-based non-profit group AEON. The properties were 100 percent occupied at the time…

Average apartment sizes fall to 10-year low

Developers continue to add modern multifamily units to cities across the Midwest. And these new units? They're getting smaller. According to RENTCafe, the average size…

RE/MAX Premier Properties’ Hasani Steele receives recognition from Chicago Association of REALTORS

The Top Renovator Award reflects superior rebuilding efforts and takes into consideration a range of other factors, such as residential design and the impact of…

Should multifamily developers, owners start to worry?

By now, you know the story: Apartment rents across the country, including in the Midwest, continue to rise. At the same time, the demand for…

The John Buck Company, J.P Morgan Asset Management close on 3Eleven acquisition

The project, to be developed by The John Buck Company and designed by FitzGerald Associates Architects, will rise 25 stories to a height of 281…

Zumper study: Multifamily rents keep rising in Minneapolis

There's a reason why so many developers are building new apartment towers in downtown Minneapolis: The demand for multifamily space is high. And with that…

Rockwell Partners acquires Naperville condo complex and plans for major renovations

Rockwell plans to improve Huntington's common areas, in-unit finishes and features, and property amenities such as the clubhouse. The company also will take over the…

Former River North warehouse and vacant lot get $38M financing for conversion to luxury condos

Associated Bank recently completed $38 million in financing for the conversion of a former Chicago warehouse and vacant lot at 678 N. Kingsbury into 41…

Hunt Midwest’s new multifamily project to provide a boost to Kansas community

There's plenty to like about downtown Overland Park in Kansas: The city's urban center is pedestrian-friendly, dotted with shops and restaurants. It boasts an active…

Wolf Point West showcases one of its modern amenities

Wolf Point West is setting the bar high when it comes to attracting residents. The 48-story LEED Silver apartment tower in Chicago's River North neighborhood,…

Multifamily

Subscribe