Multifamily

IllinoisMultifamily

Chicago apartment rents cooling off? Maybe compared to previous years

Multifamily rents cooling off at last? Compared to previous years, according to a new report by Apartment List. While prices remain up year-over-year, they fall…

IllinoisMultifamily

Interra Realty brokers $13 million sale of 84-unit property in Oak Lawn

Interra Realty brokered the sale of an 84-unit multifamily portfolio in Oak Lawn, Illinois. The properties, branded as reVerb Oak Lawn, sold for $13.15 million,…

IllinoisMultifamily

CBRE arranges sale of 586-unit Stonebridge of Arlington Heights in Chicago suburb

CBRE has arranged the sale of Stonebridge of Arlington Heights, a 586-unit multifamily property in Arlington Heights, Ill. Bayshore Properties purchased the property from The…

WisconsinFinanceMultifamily

Pearlmark provides $21.2 million for development of 206-unit apartment development in Madison

Pearlmark closed on a $21.2 million mezzanine debt investment for the development of Bakers Place, a 206-unit mass-timber luxury apartment project in the heart of…

IllinoisMultifamily

Marcus & Millichap arranges the sale of two, 12-unit apartment buildings in Chicago for $6.25 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 922 W.…

IllinoisMultifamilyRetail

Peak Properties LLC takes over property management and leasing services for Everett Hyde Park apartments and retail space

Peak Properties, LLC adds 124 apartments and 6,000 square feet of retail space in East Hyde Park to its management and leasing portfolio.  The Everett…

IndianaMultifamily

Berkadia: Readying for a different, but still strong, sort of year in Indianapolis’ apartment market

A slowdown in new construction but a surge in new deliveries with an occupancy rate still higher than normal. That's what Berkadia predicts for the…

IllinoisMultifamily

Kiser Group brokers $23 million northside portfolio sale

Kiser Group Director, Danny Logarakis, brokered the five-building, $23 million dollar transaction in the northside neighborhoods of West Rogers Park, Bowmanville, and Budlong Woods. The…

MichiganFinanceMultifamily

Bernard Financial Group closes $29 million loan for multifamily project in Michigan

Bernard Financial Group arranged a $29.2 million multifamily construction loan for 200 residential units in Troy, Michigan.    The loan was originated by Dennis Bernard…

MidwestMinnesotaNationalMultifamily

The slowdown in apartment rent growth is officially here

Apartment rents should grow in 2023, but not nearly as fast as they did during the last two years, according to a year-end update from…