Multifamily

Turning condos into apartments can make good money for developers, investors … if they avoid the pitfalls

David Bloomberg has seen the trend: Developers and investors are eagerly seeking to acquire condo buildings and turn them into apartments. This de-conversion trend is…

MidwestMultifamily

Fifield Realty Corp. adds Justin Pease as VP of asset management

In this role, Pease is responsible for managing a portfolio of seven multifamily assets in Chicago and Texas for which he will create and implement…

MichiganMultifamily

Friedman sells five-building multifamily property in Trenton, Michigan

Friedman Integrated Real Estate Solutions recently sold Nottingham Knolls, a five-building, 82-unit multifamily property located at 3649 Van Horn Road, in Trenton, Michigan.

MidwestMultifamily

This new Evanston apartment tower will offer residents one year of free transit

The four-story building with below-grade parking-- developed by TJM Development, Inc.--is currently under construction with on-site pre-leasing to begin in fall 2016.

MidwestMultifamily

New luxury multifamily tower opens its doors in Chicago’s South Loop

The 29-story building hosted a reception where approximately 300 guests were invited to tour the studio and one-bedroom models – designed by Crate & Barrel,…

WisconsinMultifamily

AppFolio: Apartment rents to keep rising, just not as quickly

What word best describes the U.S. apartment market today? AppFolio, in its latest research report, points to "growth."

TennesseeMultifamily

Apartment rents keep soaring in Nashville, Minneapolis

Want to rent an apartment in Nashville or Minneapolis? It's not cheap, and it's getting more expensive, according to the lastest numbers from apartment-research company…

MidwestMultifamily

Leopardo completes new 24-story condo tower, 4 East Elm, in Chicago’s Gold Coast neighborhood

The development was the first new condominium high-rise to begin construction on Chicago's North Side in five years and the first in the Gold Coast…

MidwestMultifamily

Berkadia facilitates financing and $11.3 million sale of Victorian Village Apartments in St. Louis

Built in 1984, the 210-unit property offers two- and three-bedroom floor plans that include washer/dryers, storage closets and bay windows. The community features a swimming…

MinnesotaMultifamily

Multifamily property located on Lake Superior sells for $19.75 million

Built in 1973, the property is located at 3800 London Road near downtown Duluth and the Canal Park recreation area on the North Shore of…