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multifamily

OhioMultifamily

Lack of inventory only thing slowing Cincinnati apartment market

The Cincinnati Apartment rental market continues to be robust with a strong appetite for units in the urban core and particularly in Cincinnati's CBD. This…
Robert Merkt, Lee & Associates February 7, 2020

Cushman & Wakefield to acquire Pinnacle Property Management Services

Cushman & Wakefield has entered into a definitive agreement to acquire Pinnacle Property Management Services, LLC, the third-largest multifamily property management firm in the U.S.…
February 6, 2020

CBRE brokers $14.9M sale of 58-unit condo deconversion in Chicago

CBRE recently brokered the sale of 519 W. Melrose Street, a 58-unit condo property, for $14.9 million to SRE Holdings in Chicago. CBRE's Sam Haddadin…
February 6, 2020

Dougherty Mortgage closes $2.6M Fannie Mae loan for Palos Hills apartments

The Nashville, Tennessee office of Dougherty Mortgage recently closed a $2.6 million second Fannie Mae Supplemental loan for the refinancing of Green Oaks Apartments, a…
February 6, 2020
OhioCRE

Bellwether pros: CRE market keeps getting stronger in Northeast Ohio

Jeff Musser and Taylor Hawkins, senior vice presidents with Bellwether Enterprise, know the Cleveland market. Both of these commercial finance pros work in Bellwether's Cleveland…
Dan Rafter February 6, 2020

CBRE sells 400-unit apartment property near Indianapolis

CBRE has arranged the sale of Waterside at Castleton, a 400-unit property on the northeast side of Indianapolis. Steve LaMotte, Jr., Executive Vice President, and…
February 5, 2020

AIA sells 40-unit apartment building near Loyola University

Apartment Investment Advisers (AIA) announced the recent sale of a 40-unit apartment building located at 6565 N. Lakewood, near Loyola University in the Rogers Park…
February 5, 2020

KeyBank closes $13.9 million loan for apartment property in Indiana

KeyBank Real Estate Capital secured $13.9 million of Freddie Mac financing for The Benchmark Group to refinance a multifamily property in Evansville, Indiana.
February 4, 2020

62-unit multifamily property in Chicago’s Grand Crossing seeks $5.3 million

Essex Realty Group has been exclusively engaged to market 6800 S. Dorchester Avenue on Behalf of NOVO Properties. The 62-unit apartment building, located in Chicago's…
January 31, 2020

Construction begins on mixed-use affordable living building in Oak Park

A new four-story, 37-unit affordable housing development is underway on a vacant lot at the corner of Oak Park Avenue and Van Buren Street in…
January 31, 2020
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