Multifamily

Oak Grove Capital’s Dayton: Apartment boom continues in Twin Cities – but how many renters can’t afford to live here?

The numbers are strong: Apartment rents are rising and developers are adding new luxury apartment buildings across the Minneapolis/St. Paul market. Developers are even moving…

Commercial Property Advisors sells 108-unit apartment property in Detroit

Commercial Property Advisors has closed the sale of Glen Cove Apartments in Detroit.

Steadfast Apartment REIT buys 150-unit apartment community near Nashville

Steadfast Apartment REIT has acquired Heritage Place Apartments, a 105-unit apartment community located in Franklin, Tennessee, just 25 minutes south of Nashville, for $9.65 million.

Why you shouldn’t worry (yet) that developers are bringing too many apartment units to your city

It's common knowledge that the multifamily market remains a hot one across the Midwest and the nation. But sometimes it helps to look at the…

American Street Capital arranges $2.8 million in financing for multifamily property

American Street Capital (“ASC") has arranged $2.80 million in financing for a 56-unit multi-family property in Loves Park, IL. The transaction closed in July, 2015.

Dominium to transform Fort Snelling Upper Post into Twin Cities affordable multifamily housing

Dominium has been approved to rehabilitate the historic Fort Snelling Upper Post former military base in the heart of the Twin Cities into affordable multifamily…

Ryan Companies and Lincoln Property Company announce groundbreaking for luxury Gold Coast apartment tower in Chicago

Ryan Companies US, Inc. and Lincoln Property Company have announced plans for a luxury, amenity-laden apartment tower in Chicago's downtown Gold Coast residential market, targeting…

CBRE sells 208-unit apartment property in Michigan

CBRE's Bill O'Connor and David Hesano recently closed on the sale of the 208-unit multifamily East Bay Village Apartments in Essexville, Michigan, in the Bay…

Dougherty Mortgage closes $3.5 million rehab loan for 44-unit apartment project in Minneapolis

Dougherty Mortgage recently closed a $3.5 million HUD 221(d)(4) loan for the rehabilitation of The Cameron, a 44-unit multifamily affordable housing property in the North…

Walker & Dunlop closes $50 million loan for suburban Chicago multifamily property

Walker & Dunlop, Inc. recently closed a $50 million loan for Greenwood Capital Investment's refinancing of Autumn Chase Apartments, a 550-unit property in Hoffman Estates,…

Multifamily

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