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CEDARst Companies

IllinoisFinanceMultifamily

CEDARst Companies refinances $81.7M multifamily deal

CEDARst Companies has refinanced the Draper, located at 5050 N. Broadway Avenue, with an $81,720,000 Fannie Mae loan, arranged by PGIM Real Estate. The Chicago-based…
December 16, 2020

CEDARst Companies wraps up adaptive reuse of YMCA/YWCA building

Developer CEDARst Companies has completed a historic renovation at The Duncan, which served as the YMCA/YWCA regional headquarters from 1907 to 1976. Stretching across two…
July 2, 2020
MinnesotaMultifamily

CEDARst to build 354-unit high-end apartment project in Minneapolis’ North Loop

CEDARst Companies has completed the acquisition of two adjoining historic properties and a land site in the North Loop section of Minneapolis and ultimately will…
April 28, 2020

Cedar Street wraps up phase two of Bush Temple redevelopment

The Bush Temple Phase II is now concluded with the completion of a new 129-apartment, 16-story tower. Featuring a collection of smaller studios and one-bedroom…
January 22, 2020

Office to apartment repositioning, The Draper, opens in Chicago

CEDARst Companies' FLATS brand will soon debut its newest property, The Draper, at 5050 N. Broadway in Chicago. The building is an adaptive reuse project…
October 9, 2019

Historic Loop high-rise reopens as The Alfred

Best be known to Chicagoans as home to Miller's Pub, the building at 30 E. Adams Street has undergone a transformative renovation. CEDARst Companies has…
June 27, 2019

CEDARst Companies closes on new property at Broadway and Foster in Chicago

A new TOD development in Edgewater is about to take shape at 1137 W. Foster Avenue. CEDARst Companies will invest nearly $8 million to develop…
February 27, 2019

Mixed-use Uptown development receives financing

CEDARst Companies has secured financing for The Draper at 5050 N. Broadway, a mixed-use development project in Chicago's Uptown neighborhood. The recent closing allows CEDARst…
December 11, 2018

Former Salvation Army center will undergo $49M transformation into multifamily project The Duncan

Berkadia announced the $49 million financing for The Duncan, a redevelopment of the former Salvation Army Freedom Center at 1515 W. Monroe Street into a…
October 24, 2018

CEDARst debuts refurbished/newly constructed apartment project

Chicago-based CEDARst Companies unveiled The Ardus, named in tribute to the original Bogardus Company housed on the location in the 1920s. The historic building at…
September 6, 2018
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