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Multifamily

TexasFinanceMultifamily

JLL Capital Markets provides construction financing for 321-unit apartment community in Austin

 JLL Capital Markets secured construction financing for Far West Apartments, a 321-unit, Class-A multifamily community in Austin, Texas. JLL represented the borrower, Central Southwest Texas Development,…
December 4, 2024
WisconsinFinanceMultifamily

Associated Bank completes $59.85 million financing package for 267-unit housing development in Hartland

Associated Bank announced completion of a $59.85 million financing package for Three Leaf Partners and Continental Properties for the development of Westrock Residences, a 267-unit…
December 4, 2024
MinnesotaMultifamily

Colliers brokers sale of two multifamily properties in Minnesota

Colliers Minneapolis-St. Paul’s Capital Markets team of Devon Dvorak, Mox Gunderson, Dan Linnell and Adam Haydon brokered the sale of two multifamily properties, Meadowview and…
December 4, 2024
MidwestMinnesotaTexasMultifamily

Not all multifamily markets are created equal: Coldwell Banker Commercial report shows rent growth soared in some, stagnated in others

Chicago, Detroit, Kansas City, Columbus and Indianapolis all ranked among the top 10 markets in the United States for multifamily rent growth as of September…
Dan Rafter December 4, 2024
TexasMultifamily

Cresset Real Estate Partners, Fidelis Residential Partners to develop 252-unit multifamily community in Willis

Cresset Real Estate Partners announced a joint venture with Fidelis Residential Partners to develop a nine-building, 252-unit multifamily community in Willis, Texas, in the greater Houston area. The project,…
December 3, 2024
IllinoisMultifamily

Optima to develop 128-unit luxury residential building in Wilmette

Integrated design-driven real estate firm Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette, Illinois, on Chicago’s North…
December 2, 2024
IllinoisMultifamily

Essex Realty Group sells apartment building in Chicago’s Buena Park neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. brokered the sale of 821 W. Montrose Avenue, an apartment building in Chicago’s Buena Park neighborhood, just…
November 27, 2024
MidwestTexasMultifamily

The number of households spending too much on rent? It keeps growing

Monthly apartment rents might be growing at a slower pace, but they are still too high for a large chunk of U.S. renters.
Dan Rafter November 27, 2024
TexasMultifamily

Rise48 Equity acquires 142-unit apartment community in East Dallas

Rise48 Equity acquired Gateway Place Apartments, a 142-unit community in East Dallas, Texas. The property will be rebranded to Rise Gateway and is situated in…
November 26, 2024
IllinoisFinanceMultifamily

Lodge Financial provides $8.48 million purchase loan for 39-unit mixed-use building in Chicago

Lodge Financial provided a loan of more than $8.48 million to help finance hte purchase of a $12.125 million 39-unit mixed-use building in Chicago. Matthew…
November 26, 2024
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