Multifamily

District Capital closes $153 million acquisition loan for Michigan borrower

Kevin Kovachevich of District Capital arranged a $153.2 million acquisition loan for a Michigan borrower as part of a Fannie Mae credit facility. The senior…

Marcus & Millichap closes sale of 96-unit apartment property in St. Cloud

Marcus & Millichap negotiated the sale of Sterling Heights, a 96-unit apartment property in St. Cloud, Minnesota. The property sold for $9 million, or $93,750…

Forum Flats luxury multifamily development opens in Troy

Douglas Capital Partners, Cypress Partners and Village Green celebrated the grand opening of Forum Flats, a luxury apartment complex in the heart of Troy, Michigan.…

SVN Chicago Commercial sells seven-unit apartment property in Lombard

SVN Chicago Commercial closed the sale of a seven-unit multifamily property at 143 E. Grove St. in Lombard, Illinois. Joe Connelly of SVN Chicago Commercial…

The NRP Group celebrates opening of 330-unit affordable-housing community in San Marcos

The NRP Group in partnership with the Capital Area Housing Finance Corporation announced the opening of Centro35, a 330-unit affordable housing community in San Marcos,…

Chicago’s Essex Realty Group closes sale of 18-unit mixed-use property in Chicago’s Avondale neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, Inc., and Essex Capital Markets closed the sale of 2934 N. Milwaukee Ave., an 18-unit mixed-use property in…

Bernard Financial Group provides $2.1 million loan for 45-unit apartment property in North Dakota

Bernard Financial Group arranged a $2.1 million Freddie Mac loan for a 45-unit multifamily property in Dickinson, North Dakota. The borrowing entity is Jefferson Creek…

Marcus & Millichap closes sale of 72-unit apartment property in Minnesota community

Marcus & Millichap negotiated the sale of Mandolin Place, a 72-unit apartment property located in Austin, Minnesota. The property sold for $4.2 million, or $58,333…

Colliers negotiate sale of two-building multifamily property in St. Cloud

Colliers Minneapolis-St. Paul’s Capital Markets team of Dan Linnell, Adam Haydon, Mox Gunderson, and Devon Dvorak recently represented Timberland Properties in the sale of Quarry…

Jonathan Rose Companies acquires 186-unit multifamily property in Chicago

Jonathan Rose Companies acquired multifamily property Webster House in Chicago. The acquisition was done in partnership with Chicago-based developer Prairie Management & Development, Inc., and…

Multifamily

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