CBRE closes sale of 107-unit apartment building near Minneapolis
CBRE Multifamily recently represented ownership in the sale of Wayzata Woods, an apartment community in Wayzata, Minnesota, to BLF Holdings, LLC for $16.5 million.
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NorthMarq provides financing for 296-unit apartment complex in Indianapolis
Noah Juran, senior vice president at NorthMarq Capital's Cincinnati regional office, arranged acquisition financing of $7.25 million for Postbrook East Apartments, a 296-unit multifamily property…
Apartment renters paying average of $41 more a month than a year ago
Is demand for new apartment units finally slowing in major cities across the Midwest? There's debate about that. But the latest research from Yardi Matrix…
Plans for second phase of Green Bay Packers’ Titletown unveiled
Titletown Development LLC, the real estate development arm of the Green Bay Packers, announced its plans for Phase 2 of Titletown, the mixed-use real estate…
NorthMarq closes $3.15 million refinancing of Omaha apartment property
Steve Ruff, managing director of NorthMarq Capital's Omaha regional office, secured the $3.15 million refinance of Harney Place at Midtown, a 32 unit multifamily property…
HFF sells 160-unit apartment community in West Des Moines
Holliday Fenoglio Fowler, L.P. closed the sale of Springs at Jordan Creek, a 160-unit, Class-A apartment community in West Des Moines, Iowa.
Greystone closes $17 million loan for Lansing apartment project
Greystone recently provided a $17 million HUD-insured loan for the development of a 145-unit apartment community to be built blocks from the Capitol building in…
ABODO report: Midwest cities see big swings in apartment rents
Milwaukee saw the biggest monthly increase in apartment rents this September, according to the latest national apartment report from apartment search company ABODO.
Multifamily still strong: Monthly apartment rents hit a new high in July
Commercial real estate professionals are wondering when the multifamily market will slow. But the latest research from RENTCafe shows that as of the middle of…
SunTrust CRE closes $8 million bridge loan for Michigan apartments
Evan Hom, managing director with SunTrust CRE, originated an $8.55 million bridge loan for the acquisition and renovation of Birch Hill Apartments in Westland, Michigan,…