Essex Realty Group brokers the sale of 13 units in Oak Park
Chicago-based Essex Realty Group, Inc. facilitate the sale of 41–43 Garfield Street, Oak Park, Illinois. The property sold at the full asking price of $1,100,000.
multifamily
Site work commences at former McDonald’s Plaza site in Oak Brook
W.E. O'Neil has broken ground on the site work at the former McDonald's Plaza in Oak Brook, Illinois. This initial phase includes improvements to the…
JLL closes $11 million apartment sale in Minnesota
JLL has closed the $11.25 million sale and $14.4 million financing of Eastridge Estates, a 126-unit apartment community in Rochester, Minnesota.
Tricon Capital acquires 708 homes in Nashville
Tricon Capital Group Inc.'s single-family rental joint venture, TAH-JV1, has acquired a portfolio of 708 housing units in Nashville, Tennessee.
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…
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…