Pizzuti Companies’ Residences at the Sutton opens in Columbus
The Pizzuti Companies has announced the opening of The Residences at the Sutton, a luxury multi-family development in the Short North Arts District of Columbus,…
multifamily
Grandbridge closes $9.1 million loan for apartment project in Minnesota
Grandbridge Real Estate Capital recently closed on the permanent refinance of a $9.166 million first mortgage loan secured by a 125-unit apartment project in Plymouth,…
Monument Capital Management acquires apartment communities in Minnesota, North Carolina
Monument Capital Management, an A-Rod CORP company, closed the $19.7 million acquisition of White Pines Apartments, a 123-unit community in Shakopee, Minnesota, and the $15.3…
Berkadia closes $20 million loan for Kansas City apartment development
Berkadia closed $20.5 million in financing for Summit Crossing Phase II, a townhome-style multifamily property in Kansas City, Missouri. Managing Director John Schorgl of Berkadia’s…
Grandbridge closes $8.9 million worth of loans in St. Cloud area
Grandbridge Real Estate Capital recently closed $3.8 million and $5.1 million first mortgage loans secured by two multifamily properties in the St. Cloud, Minnesota, MSA.…
Kelly Doran secures $49 million in financing for multifamily development in Minnesota
Kelly Doran has closed on a $49 million financing commitment from Bremer Bank for his planned multifamily redevelopment project in Saint Anthony Village. The luxury…
Red Oak Financial provides $5 million loan for apartment purchase in Kansas
Red Oak Financial funded a $5.459 million fixed-rate bridge loan for the purchase of Deer Creek Apartments, a 111-unit multifamily complex in Topeka, Kansas. The…
Apartment List study: Multifamily rents in Minneapolis on downward trend since COVID’s start
The multifamily sector has been one of the brighter spots during the COVID-19 pandemic. But that doesn't mean it hasn't suffered, too, since March.
NorthMarq closes $13 million refinance of 490-unit apartment complex in St. Louis
Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, worked with David Garfinkel, senior vice president/managing director in NorthMarq’s St. Louis office, to secure…
Milwaukee CRE Summit: Challenges are many, but Milwaukee’s apartment market is weathering them
The Milwaukee apartment market remains strong, even during the COVID-19 pandemic. And when it comes to commercial sectors in the region? Only industrial is outperforming…