Greystone closes $77 million refinance of Indiana apartment community
Greystone has provided a $77 million Fannie Mae DUS loan to refinance Park West Apartments in Griffith, Indiana. Dan Sacks and Eric Rosenstock with Greystone…
apartments
JLL hires multifamily pro in Columbus
Matt McCune is a new senior vice president in the Columbus, Ohio, office of JLL. He will serve as a multifamily specialist with an initial…
RADCO’s first four acquisitions of 2018 are in Indianapolis
The RADCO Companies completed its first four acquisitions of 2018 with the closing of the NW Indy Portfolio in Indianapolis, Indiana. The 1,426-unit, Class-C and…
Falling rents? That doesn’t mean apartment demand is slowing
Sam Radbill, senior communications manager at ABODO Apartments, said that a recent dip in average apartment rents shouldn't provide a scare to investors or developers.…
CBRE provides $1.5 million loan for multifamily property in Indianapolis
CBRE has structured a $1.57 million loan to refinance the Monon Station Apartments in Indianapolis. A Freddie Mac Small Business Loan was obtained by Dan…
Apartment boom: 2017 sees record-setting number of new units in Midwest
The multifamily market set a record in the Midwest, adding a never-before-seen number of new units throughout the region, according to the latest research from…
U.S. becoming a nation of renters? Not yet
Is the United States becoming a nation of renters? You might think so when reading all the headlines about the number of U.S. adults becoming…
Draper and Kramer opens apartment project in St. Louis
Draper and Kramer, Incorporated has opened The Flats at EVO, a collection of 46 townhome-inspired rental apartments in the St. Louis suburb of Richmond Heights,…
Construction begins on six-story Logan Square apartments
Hunt Investment Management and Savoy Development announced the start of construction on a six-story, 138-unit, Class A rental apartment complex at 2340 N. California Ave.…
M&R Development celebrates opening of rental building in Itasca
M&R Development opened The Residences at Hamilton Lakes Business Park in Itasca, Illinois.