Multifamily

Multifamily properties look for strong 2017 amid rent growth slowdown, lingering questions

Amid a flurry of questions and a four-month-long decline in rent growth, multifamily properties are still set for a strong 2017, according to the most…

MinnesotaMultifamily

Marcus & Millichap sells 31-unit apartment portfolio in Twin Cities market

Marcus & Millichap recently sold Interlachen Manor and Oaklawn Estates, a 31-unit apartment portfolio in Edina, Minnesota.

Origin Investments, partnership acquire Palatine’s Village Park in $48M deal

Origin Investments, in partnership with Draper and Kramer and LEM Capital, acquired Village Park of Palatine, a 448-unit apartment complex in a deal worth about…

MinnesotaMultifamily

Marcus & Millichap sells 35-unit multifamily building in St. Paul

Marcus & Millichap recently closed the sale of Emerson Hill, a 35-unit apartment property located in West Saint Paul, Minneapolis. The multifamily property sold for…

OhioMultifamily

Berkadia provides $49 million in financing for new apartment community in Cleveland

Berkadia has arranged a $49.5 million loan for Centric Apartments, a new multifamily property in Cleveland. Director Dan Geuther secured the construction loan from Related…

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.…

MidwestMultifamily

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…

MinnesotaMultifamily

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.

OhioMultifamily

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.