multifamily

CBRE sells 280-unit apartment community in Indianapolis area

CBRE has arranged the sale of a 280-unit apartment community in the Indianapolis metropolitan area. Passco Companies sold the Autumn Breeze Apartments, at 14901 Beauty…

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…

MidwestFinanceMultifamily

Fifth Third Bank, Bellwether Enterprise form new strategic relationship

Fifth Third Bank and Bellwether Enterprise Real Estate Capital have formed a new strategic relationship designed to expand opportunities in the multifamily housing industry and…

MidwestMultifamily

Apartment executives already feeling the pinch from COVID-19

It hasn't taken long for the COVID-19 pandemic to impact landlords, according to the latest research from the National Multifamily Housing Council.

Arbor provides more than $13 million in apartment financing in Wichita

Arbor Realty Trust, Inc. provided the funding for three Fannie Mae loans totaling $13.7M in Wichita, Kansas. Kingston Cove Apartments received $8.9 million in acquisition…

MichiganMultifamily

Greystone Bel sells 105-unit apartment community in Michigan

Greystone Bel recently closed the sale of The Poplars Apartments, a 105-unit multifamily property in Saginaw, Michigan, for $4 million or $38,095 a unit. Austin…

MinnesotaFinanceMultifamily

Dougherty Mortgage closes $6 million loan for Minnesota apartment complex

Dougherty Mortgage recently closed a $6.1 million Fannie Mae loan for the refinancing of Green Acres, an 83-unit market-rate multifamily apartment property in Hermantown, Minnesota.…

MinnesotaIndustrialMultifamily

Colliers’ Jacobs: “Adversity doesn’t build character, it shows it”

Jeremy Jacobs, with the Minneapolis office of Colliers International, sees hope: The Twin Cities market will survive COVID-19, he said.

OhioMultifamily

Cleveland’s Matthews Real Estate Investment Services names AVP of multifamily

Cleveland's Matthews Real Estate Investment Services has appointed Brandon Kosek as associate vice president of multifamily in the Midwest. Kosek will work closely with David…

MichiganMultifamily

Greystone Bel sells 48-unit apartment property in Sturgis

Greystone Bel recently closed the sale of Colonial Crest Apartments, a 48-unit multifamily property in Sturgis, Michigan, for $1.785 million or $37,188 a unit. Austin…