Westmore Apartments in Lombard, Illinois, sell for $29.25 million
The property sold for $29.25 million by a Chicago-based private seller, and the buyer was Axiom Westmore, LLC., based in Lincolnshire, Illinois.
Multifamily
Associated Bank provides $6.2M financing for Kansas City building renovations
Associated Bank recently provided debt financing and an equity investment for the historic renovation of two adjoining vacant office buildings located at 911 and 915…
Chicago apartment living has changed a lot during the Cubs’ 108-year World Series gap
The Chicago Cubs made history this year when they won their first World Series since 1908. As you can guess, the Cub's hometown city has…
Recently opened model units preview Kansas City’s newest luxury apartments
The $120 million, 296-unit Two Light, will join One Light as the second new construction high-rise apartment building in the last 50 years in downtown…
Construction begins on new 15-story mixed-use multifamily building in Chicago’s South Loop
Lendlease will serve as construction manager for the new 15-story mixed-use multifamily tower with retail and medical office space located in Chicago's growing South Loop…
Development begins on new multifamily community in Deer Park, Illinois
Deer Park Crossing will feature three condominium-quality podium buildings comprising 192 units, along with 44 three-story, tuck-under townhomes and a 7,800 square-foot resident clubhouse.
Construction breaks ground on new multifamily development in Edina, Minnesota
Onsite amenities will include underground parking, a club room, an entertainment kitchen and a fitness center.
The Woda Group plans to convert former Ryder Truck terminal into multifamily complex in Grand Rapids, Michigan
Grand View Place will be the first major residential development in the existing commercial and industrial sector of the Grand River between the 6th Street…
The suburban apartment market is stronger than you think
Many real estate experts predicted that the multifamily market would run out of steam three years ago, and some are now saying they expect to…
Chicago office building, 20 South Clark Street, achieves LEED Gold status
LEED identifies and rewards current best practices and provides an outline for buildings to use less energy, water, and natural resources; improve the indoor environment;…