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multifamily

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

Buligo Capital completes sale of Chicago-area apartment communities

JLL closed the $25.7 million sale and $20.56 million financing of Central Park and Governor's House Apartments, two apartment communities totaling 316 units in south…
October 9, 2019
WisconsinMultifamily

Construction starts on 241-unit luxury apartment complex in Southeast Wisconsin

Ravine Park Partners and Legacy Varin Management began construction of Hawthorn Apartments in the Village/Town of Somers, Wisconsin, in northern Kenosha County.
October 8, 2019

Chicago Real Estate Resources facilitates four Chicago-area deals

Chicago Real Estate Resources, Inc. (CRER) brokered four recent Chicago-area real estate transactions.
October 7, 2019

Marcus & Millichap arranges sale of Mchenry apartment building

Marcus & Millichap closed the sale of a 12-unit apartment property located in McHenry, Illinois, according to Steven D. Weinstock, regional manager and first vice…
October 7, 2019

Lake Point Tower residents fight back against deconversion

Chicago's historic Lake Point Tower has taken steps that are meant to ensure that the building remains permanently owner occupied and will not be deconverted…
October 7, 2019
MinnesotaMultifamily

Timberland celebrates grand-opening of Elevate in Minnesota

Timberland Partners, a privately-owned real estate investment, development and management firm, celebrated the grand opening of Elevate at Southwest Station Apartments in Eden Prairie, Minnesota.…
October 5, 2019

Chicago Lawn 10-unit apartment building near Marquette Park closes for $355K

Chicago-based 5M Group, Inc. has closed on the sale of 6457 S. Francisco Avenue, a 10-unit, 10,000-square-foot apartment building. Built in 1927, the property is…
October 4, 2019

Urban Innovations completes affordable housing project in Evanston

Urban Innovations completed construction of a ground-up, three-story, 16-unit affordable housing complex in Evanston, Illinois, on behalf of HOW, (Housing Opportunities for Women). The Chicago-based…
October 4, 2019
OhioMultifamily

Marcus & Millichap sells 30-unit apartment complex in Ohio

Marcus & Millichap closed the sale of Oak Forest, a 30-unit apartment property in Fairborn, Ohio. The asset sold for $1.6 million or $53,333 a…
October 4, 2019
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