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Multifamily

TennesseeMultifamily

Dougherty Mortgage closes $5M Fannie Mae loan for 120-unit, Louisville apartment building

Dougherty Mortgage completed a $5-million loan from Fannie Mae to purchase Willowbrook Apartments, a multifamily apartment property in Louisville, Kentucky.
Staff Writer March 26, 2017

Pillar closes $4 million refinance loan for Indianapolis apartment community

Pillar has originated a $4.52 million Freddie Mac loan to refinance 9000 Westfield Apartments in Indianapolis.
Staff Writer March 26, 2017
WisconsinMultifamily

HFF closes sale of 578-unit apartment community near Madison

Holliday Fenoglio Fowler, L.P. has closed the sale of New Fountains, a 578-unit apartment community in the Madison, Wisconsin, suburb of Fitchburg.
Staff Writer March 26, 2017
MinnesotaMultifamily

No wonder investors love apartments: Rents are still sky-high across the country

There's a reason the multifamily sector remains the top choice of investors and developers: apartment rents are high, and demand for these units keeps rising.
Dan Rafter March 26, 2017

Multifamily properties look for strong 2017 amid rent growth slowdown, lingering questions

Amid a flurry of questions and a four-month-long decline in rent growth, multifamily properties are still set for a strong 2017, according to the most…
Declan Harty March 26, 2017
MinnesotaMultifamily

Marcus & Millichap sells 31-unit apartment portfolio in Twin Cities market

Marcus & Millichap recently sold Interlachen Manor and Oaklawn Estates, a 31-unit apartment portfolio in Edina, Minnesota.
Staff Writer March 26, 2017

Origin Investments, partnership acquire Palatine’s Village Park in $48M deal

Origin Investments, in partnership with Draper and Kramer and LEM Capital, acquired Village Park of Palatine, a 448-unit apartment complex in a deal worth about…
Staff Writer March 26, 2017
MinnesotaMultifamily

Marcus & Millichap sells 35-unit multifamily building in St. Paul

Marcus & Millichap recently closed the sale of Emerson Hill, a 35-unit apartment property located in West Saint Paul, Minneapolis. The multifamily property sold for…
Dan Rafter March 26, 2017
OhioMultifamily

Berkadia provides $49 million in financing for new apartment community in Cleveland

Berkadia has arranged a $49.5 million loan for Centric Apartments, a new multifamily property in Cleveland. Director Dan Geuther secured the construction loan from Related…
Staff Writer March 26, 2017

Strategic Properties of North America completes large condo de-conversion in Chicago

Strategic Properties of North America, a client of law firm Taft, recently completed its acquisition of the 133-unit residential building at 2625 N. Clark St.…
Staff Writer March 26, 2017
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