Apartment rents reach another all-time high
Apartment living isn't getting any cheaper, with the amount that renters are paying each month in rent rising yet again in May. The most recent…
Multifamily
Indiana multifamily property near Purdue University sells for $10.85 million
Abbott purchased the 446-unit property from New York-based FM Capital with plans to renovate both the interior and exterior and streamline operations.
Related Midwest gets $75 million financing for new West Loop apartment tower
The 466,000-square-foot complex will be located at 1035 W. Van Buren and will include 300 apartment units, 30,000 square feet of amenity space, 12,000 square…
Marquee at Block 37 apartment tower opens its doors to residents today
Rising 34 stories tall at the end of the four-level Block Thirty Seven retail center at 25 W. Randolph St., the tower will have a…
Developers to bring more than 3,200 new apartment units to Milwaukee market this year
If you're driving through Milwaukee, don't be surprised by all the construction cranes. According to the latest research report from Marcus & Millichap, construction crews…
The Habitat Company announces new VP and assistant general counsel
In her new role, Chacos will be involved in all legal aspects of Habitat's acquisition, development and management services, and will provide various legal services…
Leasing begins at new Fulton River District apartment development, Kenect Chicago
Located at 504 and 505 North Green Street on the northwest corner of Milwaukee Avenue and Grand Avenue where they intersect with Halsted Street, Kenect…
Parking lot in Chicago’s Gold Coast neighborhood acquired for $16.6M for planned condo development
Chicago-based Lexington Homes purchased the property, located at 1022-28 N. Dearborn Parkway, from the Ruth Page Foundation for nearly $16.6 million, with plans to develop…
Willowbrook Lake Apartments in Indianapolis sell for $11 million
Willowbrook Lake Apartments, a multifamily property located in Indianapolis, has sold for $11.3 million to an entity of Sundance Bay, based in Orem, Utah.
Milwaukee, Omaha and Columbus all seeing big increases in apartment rents
Where are apartment rents rising the fastest? According to apartment Web site Abodo, Milwaukee led the way, seeing the biggest increase in one-bedroom apartment rents…