AIA sells 37-unit apartment building In Bronzeville
Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the Bronzeville neighborhood on Chicago's South Side. The 37-unit building, located at…
multifamily
Commercial Real Estate Hall of Fame: City Club Apartments’ Holtzman
Each week, REjournals.com highlights the career of one of the CRE professionals in the most recent Midwest Real Estate News Commercial Real Estate Hall of…
Marcus & Millichap’s Engle: “You have to be a student of the industry”
As senior managing director of investments with the Chicago Oak Brook office of Marcus & Millichap, Ryan Engle focuses on the booming multifamily market. He's…
Greystone Bel sells 94-unit apartment community in Michigan
Greystone Bel recently closed the sale of Park Manor Apartments, a 94-unit garden-style multifamily property in Berrien Springs, Michigan.
Colliers predicts: Strong apartment market in Grand Rapids next year
A low unemployment rate and a surge in new jobs has meant good news for multifamily owners and investors in the suburbs of Grand Rapids,…
Value-add Lincoln Park mixed-use asset sells
The four-unit, mixed-use building at 951 W. Armitage Avenue in Chicago's Lincoln Park sold for $1,472,500. Craig Franzen and Cody Doran of SVN Chicago Commercial…
Logan Square courtyard building sells for $8.8 million
Essex Realty Group, Inc., a mid-market brokerage firm based in Chicago, brokered the sale of 1832-1842 N. Humboldt Boulevard, a beautifully renovated, 45-unit courtyard apartment…
Marcus & Millichap arranges sale of 20-unit apartment building in Brookfield
Marcus & Millichap closed the sale of a 20-unit apartment property located in Brookfield, Illinois, according to Steven D. Weinstock, regional manager and first vice…
Moline multifamily complex sells for more than $3 million
The 67-unit multifamily complex located at 2424 41st Street in Moline, Illinois, commonly known as Paulsen Manor Apartments, sold for $3,300,000. Reid Bennett, CCIM and…
Those new FHA condo regs have wide-reaching implications
This past October, the Federal Housing Administration (FHA) enacted long-expected changes to the regulations governing condominium purchases. While these amendments will hopefully ease more prospective…