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Multifamily

IllinoisMultifamily

Skender completes construction on 43-unit affordable-housing complex in Chicago’s Garfield Park neighborhood

Skender, serving as the general contractor, completed construction on Fifth City Commons, a 43-unit, 60,000-square-foot affordable housing complex at 3155 W. 5th Ave. on Chicago’s…
February 3, 2025
MinnesotaMultifamily

Marcus & Millichap brokers sale of 24-unit apartment property in Anoka

Marcus & Millichap negotiated the sale of Fairoak Avenue Apartments, a 24-unit apartment property located in Anoka, Minnesota. The property sold for $2.6 million, or…
February 3, 2025
MidwestMinnesotaTexasMultifamilyOffice

Pipeline of office-to-apartment conversions expected to hit all-time high in 2025

It's true that converting office space to multifamily buildings is no easy task. But such conversions offer an opportunity for cities to remove outdated or…
Dan Rafter February 3, 2025
MinnesotaMultifamily

Habitat acquires Woodbury’s Seasons Villas

Chicago-based Habitat acquired Seasons Villas, a multifamily community with 214 townhome-style rental units at 8630 Summer Wind Alcove in Woodbury, Minnesota, a suburb of the Twin Cities.…
January 29, 2025
MichiganFinanceMultifamily

Detroit’s District Capital closes $14.5 million loan for mixed-use property

Dave Dismondy with District Capital closed a $14.5 million acquisition loan on an 80,000-square-foot mixed-use property in a walkable downtown Midwest community.  The correspondent life…
January 29, 2025
IllinoisMissouriMultifamily

Friedman Real Estate sells 80-site mobile home park in Granite City

Friedman Real Estate recently closed the sale of Parktown Mobile Home Park, an 80-site mobile home park community at 1A Parktown Drive in Granite City, Illinois,…
January 29, 2025
OhioMultifamilySeniors Housing

Senior, multifamily housing developer Lockwood Companies opens office in Cincinnati

Lockwood Companies, a an affordable and senior housing developer, opened its new office in Cincinnati, Ohio. Located at 2722 Erie Ave. in the Hyde Park…
January 28, 2025
IllinoisMultifamily

Essex Realty brokers sale of six-unit apartment building in Chicago’s Noble Square neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of a six-unit apartment building at 1470 W. Huron St. in Chicago’s Noble Square…
January 27, 2025
WisconsinMultifamily

CBRE negotiates sale of pair of multifamily properties totaling 674 units in Fitchburg

CBRE arranged the sale of The Pines and The Fairways, two multifamily properties totaling 674 units in Fitchburg, Wisconsin. FPA Multifamily, LLC purchased the properties…
January 24, 2025
MichiganMidwestMinnesotaMultifamily

Minneapolis ranks as RentCafe’s top rental market to watch in 2025

Which cities are poised to become rental hotspots for tenants searching for new apartments in 2025? According to the latest report from RentCafe, several of…
Dan Rafter January 24, 2025
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