multifamily

Kiser Group brokers sale of 128-unit apartment building in Aurora, Illinois

Kiser Group recently brokered the sale of 2000 Illinois, a 128-unit, five-story property in Aurora, Illinois. FPA Multifamily acquired the asset, located at 2000 W. Illinois…

Greenstone Partners closes on sale of Lincoln Park mixed-use building

Greenstone Partners brokered the sale of 907 W. Armitage Avenue in Chicago, a 4,800-square-foot, mixed-use building. Greenstone Partners procured the buyer, an out-of-state, publicly traded…

Redwood Capital Group acquires 236-unit luxury apartment complex in Deer Park

Redwood Capital Group, LLC, a Chicago-based multifamily investment advisor, has acquired Deer Park Crossing, a 236-unit apartment complex in Deer Park, Illinois. The property was…

AIA sells five South Side apartment buildings

Apartment Investment Advisers (AIA) recently sold two separate South Side Chicago apartment building portfolios, comprising five properties. Jack Cassin and Mike Lindblad of AIA were…

Henry Bros. Co. breaks ground on supportive housing development in Palatine

Henry Bros. Co. (HBCo) has broken ground on Spruce Village in Palatine, Illinois. The 32,900-square-foot complex will provide supportive affordable housing to adults with physical…

Four Mile Capital buys 216-unit apartment property near Des Moines

Four Mile Capital has acquired The Bricks Waukee East, a 216-unit multifamily community in Waukee, Iowa, a suburb of Des Moines, in an off-market transaction.

MichiganMultifamily

The stats prove it: Detroit-area apartment units still drawing in the renters

Detroit isn't unlike most Midwest cities when it comes to its multifamily market: Construction of new apartment units is rising while vacancies of existing ones…

MidwestMultifamily

Capital One survey: Multifamily slowdown not coming next year

Don't expect much if any slowdown in multifamily sales next year. According to a recent survey, multifamily professionals are ready to add to their apartment…

MinnesotaFinance

Dougherty closes $42 million loan for Minnesota multifamily project

Dougherty Mortgage recently closed at $42.3 million HUD 221(d)(4) loan for the acquisition and new construction financing of Parker Station Flats in Robbinsdale, Minnesota.

Marcus & Millichap arranges sale of 18-unit apartment building in Blue Island

Marcus & Millichap facilitated the sale of Wood Street Apartments, an 18-unit apartment property located at 13046 Wood Street in Blue Island, Illinois, according to…