Multifamily

Walker & Dunlop closes $9M Fannie Mae loan for Columbus apartments

Walker & Dunlop, Inc. has structured a $9 million Fannie Mae loan for Autumn Springs Apartments, a 242-unit, class B, conventional multifamily property in Columbus,…

Dougherty Funding LLC completes $11.7M loan for Pheasant Ridge Apartments in Iowa City

Dougherty Funding LLC has closed an $11.7 million first mortgage acquisition loan for Pheasant Ridge Apartments, a 248-unit affordable multifamily property located in Iowa City,…

Big boost in Milwaukee’s multifamily market? Credit Baby Boomers

Baby Boomers looking to downsize are helping to fuel the activity in Milwaukee's multifamily market, according to the latest research from Marcus & Millichap.

Century Commons apartments in White Bear Lake sell for $5.18M

A local investor has purchased Century Commons, a 153-bedroom student housing complex located at 3515 Century Ave. in White Bear Lake, Minnesota, for $5.18 million.

Optima Old Orchard Woods in Skokie sells for $44M

Trilogy Real Estate Group of Chicago has purchased Optima Old Orchard Woods, a 142-unit, Class A multifamily development in Skokie, Illinois, for $44 million.

Mercy Housing Inc. acquires 33 properties from Franciscan Ministries, Inc., grows portfolio by 20 percent

Mercy Housing, Inc. recently accepted the transfer of 3,666 affordable units from Franciscan Ministries, Inc. Once the acquisition is complete, Mercy Housing's holdings in Illinois…

Joint venture to develop The Residences at Hamilton Lakes in Itasca, Illinois

A joint venture between M&R Development, Itasca-based Hamilton Partners and equity partner Murphy O'Brien plan to develop The Residences at Hamilton Lakes, a 297-unit luxury…

Lafayette Terrace Apartments gets a $5 million makeover

Preservation of Affordable Housing (POAH) Inc. recently celebrated a ribbon cutting to mark the official completion of renovations for Lafayette Terrace Apartments, an eight-building multifamily…

Christine Akins to lead CBRE’s Multifamily Capital Markets Investment Sales practice

Based in Chicago, Akins will carry over more than 20 years of experience as she leads the firm's multifamily investment sales practice in the Americas.

Bernard Financial Group closes $4.25 million loan for Detroit multifamily portfolio

Bernard Financial Group has arranged a loan of $4.25 million for a multifamily portfolio in Detroit.

Multifamily

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