Marcus & Millichap sells 21-unit apartment building in North Saint Paul
Marcus & Millichap closed the sale of Division Street Apartments, a 21-unit apartment community in North Saint Paul, Minnesota.
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Marcus & Millichap sells 18-unit apartment complex in Minnesota
Marcus & Millichap recently closed the sale of Sunrise Apartments, an 18-unit apartment property in Alexandria, Minnesota. The asset sold for $895,000.
Flaherty & Collins gains approval for $30 million apartment project in Indiana
A Flaherty & Collins Properties $30 million luxury apartment development proposal to be built in Lawrenceburg, Indiana, was unanimously approved by the Lawrenceburg City Council…
Bernard Financial originates $14 million apartment loan in Michigan
Bernard Financial Group closed a $14.5 million loan for a 374-unit multifamily property in Oak Park, Michigan.
KeyBank originates $39 million loan for Nashville apartment complex
KeyBank Real Estate Capital has originated a $39.9 million Fannie Mae first-mortgage loan for Peyton Stakes, an apartment development in Nashville.
Dominium wraps renovations of Davenport apartment complex
Apartment developer Dominium recently celebrated the grand re-opening of Castlewood Apartments in Davenport, Iowa. This event took place May 21.
Greystone provides $36 million to 544-unit apartment community near Detroit
Greystone, a real estate lending, investment and advisory company, provided a $36.3 million HUD-insured permanent loan to refinance Gables of Troy, a 544-unit multifamily property…
Spring weather brings swirling winds to apartment market
In a recent letter to Berkshire Hathaway shareholders, Charlie Munger penned that the company's future leaders would likely be unable to generate the type of…
Are apartment rents on a downward spiral? New ABODO study suggests it’s true
In good news for renters – and maybe not so great news for owners – apartment rents fell in May, the fourth straight month that…
Friedman sells 35-unit apartment building in Detroit
Friedman Real Estate recently sold Pembrooke Manor, a 35-unit apartment building at 20539-20541 Southfield Fairway in Detroit.