Multifamily

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.…

Despite the hype for downtowns, United States remains a mostly suburban country

The urban centers of cities are getting most of the press today, with countless stories focusing on the growing number of people -- young and…

Marcus & Millichap sells apartment property in Minneapolis for $1.3 million

Marcus & Millichap has sold 860 10th Avenue SE, a nine-unit apartment property in Minneapolis for $1.3 million.

Marcus & Millichap sells mixed-use property in Chicago’s Lakeview neighborhood

Marcus & Millichap closed the sale of Wrigleyville Value-Add, a 4,870-square-foot mixed-use property in Chicago. The asset sold for $1.425 million.

Apartment rents rising, vacancies falling in Columbus

The economy in Columbus, Ohio, continues to improve, with unemployment falling. This is bringing more residents to the city, especially its downtown urban areas.

Grandbridge Real Estate Capital closes $14 million construction loan for 81-unit multifamily property in Minnesota

Grandbridge Real Estate Capital recently closed a $14.6 million construction loan for an 81-unit, to-be-built market-rate housing property in Victoria, Minnesota.

Dougherty Mortgage closes $3.8 million loan for acquisition of 96-unit apartment community in Iowa

Dougherty Mortgage LLC recently closed a $3.8 million Fannie Mae loan for the acquisition of Castlewood Apartments, a 96-unit multifamily affordable housing property in Davenport,…

Tikijian Associates sells apartment community in Indianapolis

Tikijian Associates recently sold the Brookwood Apartments on the south side of Indianapolis.

High Street Residential acquires site for six-story mixed-use project in Downers Grove

High Street Residential recently acquired a 0.87-acre site for the construction of Maple&Main, a six-story, Class-A+ mixed-use transit-oriented building at the epicenter of downtown Downers…

Bellwether Enterprise Real Estate Capital closes refinance for 10 properties in Ohio, Texas

Bellwether Enterprise Real Estate Capital LLC recently closed a refinance transaction for a 10-property portfolio of assets in Ohio and Texas.

Multifamily

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