SVN Chicago Commercial closes sale of historic Wicker Park property
SVN Chicago Commercial brokered the sale of the property at 1934 W N. Ave. in Chicago. The sale was arranged by SVN’s Tim Rasmussen, Adam…
Multifamily
KWA Construction wraps work on The Draper Apartments in Garland
KWA Construction completed The Draper Apartments, part of GroundFloor Development's redevelopment project in Garland, Texas. The project was financed in partnership with the U.S. Department…
Marcus & Millichap negotiates sale of 40-unit apartment property in Grand Forks
Marcus & Millichap facilitated the sale of The Current, a 40-unit apartment property in Grand Forks, North Dakota. Matthew Whiteside, investment specialist in Marcus &…
MBG tops out 250-unit multifamily project in Westfield
The first luxury multifamily project for MBG’s new Indianapolis office is under roof and will be completed May of 2025. The St. Louis-based construction firm recently…
Michel Commercial sells the Avenue Apartments in Brooklyn Center
Michel Commercial brokered the sale of the Avenue Apartments in Brooklyn Center, Minnesota. This transaction was the result of a strong collaboration between the seller…
JLL Capital Markets brokers sale of 227-unit luxury apartment building in Fulton Market
JLL Capital Markets announced today the sale and acquisition financing for The Parker, a Class A 227-unit luxury apartment building located in Chicago’s dynamic Fulton Market…
Understanding the 2021 IECC and its implications on multifamily housing in Illinois
The 2021 International Energy Conservation Code (IECC) sets minimum efficiency requirements for buildings to ensure energy use and emissions reductions over their life span. The…
Peak Properties boosts occupancy rate at Millennium on LaSalle in downtown Chicago
The Millennium on LaSalle at 28 S. LaSalle St. in Chicago is a 218-unit property that underwent a commercial-to-residential conversion in the city's Loop. When…
Chicago’s Habitat celebrates opening of OC Living residential building in North Lawndale
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, joined Chicago Mayor Brandon Johnson, local and federal officials, project partners and current residents on Sept.…
Associated Bank closes $55 million financing package for 269-unit apartment building in Minnetonka
Associated Bank completed a $55 million financing package for Graystar for construction of a 269-unit apartment building at 10702 Red Circle Drive in Minnetonka, Minnesota.…