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multifamily

Kiser Group brokers largest South Shore deal in 15 years with $18.4M apartment portfolio sale

Kiser Group recently brokered the sale of 7500 S. South Shore Drive, 6916 S. Clyde Avenue and 7038 S. Chappel Avenue as a 208-unit apartment…
January 15, 2020
MinnesotaMultifamily

Millennials love Minneapolis? LendingTree says it’s so

Remember when housing industry experts worried that Millennials weren't buying single-family homes and were instead content to rent? Those fears seem to have been unfounded.…
Dan Rafter January 15, 2020
MinnesotaMultifamily

Real Estate Equities closes on affordable-housing development near Twin Cities

Real Estate Equities in late 2019 closed on Sonder House Apartments in Brooklyn Center, Minnesota. Sonder House will be an amenity-rich affordable housing development.
January 15, 2020

Wheeling rental property sells off-market for $54 million

33 Realty's Sean Connelly represented Naperville, Illinois-based Marquette Companies in the off-market acquisition of Foxboro Apartments, a 402-unit complex located at 470 Foxboro Drive in…
January 14, 2020

McShane starts construction on affordable mixed-use development in Maywood

McShane Construction Company has begun construction on a new affordable housing development for Interfaith Housing Development Corporation. Designed by HED Architects, Fifth Avenue Apartments will…
January 13, 2020

ASC secures $7 million loan for multifamily building in Logan Square

American Street Capital (ASC) has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago's Logan Square. The loan was originated by…
January 13, 2020
NebraskaCRE

Three questions with … NorthMarq’s John Reed

There's something about Omaha. This market remains one of the steadiest in the Midwest, with brokers closing a solid number of big deals each year…
Dan Rafter January 11, 2020
MichiganMultifamily

City Club Apartments begins rejuvenation of 18-story Detroit apartment community

Detroit's City Club Apartments began construction Jan. 9 on the redevelopment of the former Elmwood Park Plaza, an 18-story apartment community built by Toby and…
January 10, 2020

NKF arranges financing of 417-unit asset in suburban Chicago

Newmark Knight Frank Multifamily (NKF) announced the financing of Railway Plaza, in Naperville, Illinois, a transit-oriented suburban multifamily property completed in 2000 adjacent to the…
January 9, 2020

Essex Realty brokers two multifamily sales, lists a third

Essex Realty Group has completed two recent sales in Chicago's suburbs—a rental portfolio in Oak Lawn, Illinois and a new construction property in Naperville, Illinois.…
January 9, 2020
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