Multifamily

Lauth Communities acquires 296-unit apartment community in Indianapolis market

Lauth Communities acquired Apex at Perry Crossing Apartments, a 296-unit apartment community in Plainfield, Indiana. Built in 2023, the Class-A garden-style development features a resort-style…

RMK Management Corp. named property manager for The Raven Residences in Chicago

RMK Management Corp. has been named property manager for The Raven Residences, a transit-oriented rental community at 4733 N. Wolcott Ave. in Chicago’s Ravenswood neighborhood. Adjacent…

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…

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…

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 But such conversions offer an opportunity for cities to remove outdated or…

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.…

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…

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,…

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…

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…

Multifamily

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