Multifamily

Marcus & Millichap closes sale of 23-unit apartment property in Le Sueur

Marcus & Millichap facilitated the sale of Hillcrest Apartments, a 23-unit apartment property in Le Sueur, Minnesota. The property sold for $1.7 million, $73,913 per…

Interra Realty closes pair of apartment transactions in south suburbs of Chicago

Interra Realty facilitated two multifamily transactions in the south suburbs of Chicago. A three-building, 41-unit portfolio in Dolton comprising 14251, 14261 and 14315 Pennsylvania Ave.…

The Anchor at Mariners Inn treatment, housing center opens in Detroit

Project development partners Mariners Inn and Cinnaire Solutions celebrated the grand opening March 19 of The Anchor at Mariners Inn, a 65,500-square-foot facility that includes residential…

CBRE brokers sale of 129-unit multifamily property in West Bend

CBRE arranged the sale of Cast Iron Luxury Living, a 129-unit multifamily property in West Bend, Wisconsin. A partnership of local buyers purchased the property…

Essex Realty Group closes sale of 124-unit apartment building in Chicago’s Hyde Park neighborhood

Essex Realty Group brokered the sale of 5550 S. Dorchester Ave., a 124-unit, 15-story apartment building in Chicago's Hyde Park neighborhood. The property, built in…

Peak Properties takes over management duties for multifamily development on Chicago’s South Side

Peak Properties is taking on the management assignment for a multifamily development at 7800-10 S. Colfax in Chicago’s South Side. This 36-unit property offers residents…

Eastham Capital closes $10 million disposition of 84-unit apartment community in Chicago Ridge

Eastham Capital facilitated the $10 million disposition of Ridgeland Station, an 84-unit apartment community in Chicago Ridge, Illinois. The property was acquired for the portfolio…

JLL Capital Markets closes sale of 204-unit multifamily property in Eden Prairie

JLL Capital Markets arranged the sale and financing of Cascade at Town Center, a 204-unit multifamily community in Eden Prairie, Minnesota. JLL represented both the seller,…

Essex Realty brokers record-breaking multifamily sale in Bensenville

Essex Realty Group, LLC closed the off-market sale of two 12-unit apartment buildings in Bensenville, Illinois, a northwest suburb of Chicago. The properties, located at…

Marcus & Millichap report: Cleveland multifamily market showing no signs of a slowdown

Low vacancy rates and continued strong demand from renters. That's how Marcus & Millichap describes the Cleveland-area multifamily market in its latest research report.

Multifamily

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