multifamily

Portage Park apartment property trades for nearly $2.5 million

Apartment Investment Advisers (AIA) recently closed the sale of an apartment building in the Portage Park neighborhood of Chicago. The 15-unit building, located at 5205…

Newcastle Limited acquires multifamily asset in West Loop

Newcastle Limited has purchased 1245 W. Jackson Boulevard, a newly constructed, four-story multifamily building in Chicago's West Loop neighborhood. Tyler Hague and Lauren Stoliar of…

Private investors swap apartment building in Woodstock, IL

Marcus & Millichap brokered the sale of a 10-unit apartment property located in Woodstock, Illinois, according to Steven D. Weinstock, regional manager and first vice…

MissouriMultifamily

Hamilton Zanze acquires 160-unit apartment community in St. Louis

San Francisco-based real estate firm Hamilton Zanze partnered with an affiliate of Cantor Fitzgerald, L.P. to acquire the 160-unit Tribeca apartment community in St. Louis,…

Marcus & Millichap brokers sale of eight-unit apartment building in Crystal Lake

Marcus & Millichap facilitated the sale of an eight-unit apartment property located in Crystal Lake, Illinois, according to Steven D. Weinstock, regional manager and first…

MidwestFinance

Financing the new kids on the block: Co-living, cannabis and workforce housing

As 2019 draws to a close, investor interest is growing in several emerging assets, including co-living, workforce housing and cannabis tenants. Matt Wurtzebach, senior vice…

OhioMultifamily

Berkadia closes $67 million loan for Cleveland apartment community

Berkadia closed $67.56 million in secured financing for Centric Apartments, a multifamily property with more than 28,000 square feet of commercial space in the University…

N DakotaMultifamily

Dakota REIT acquires five-property apartment portfolio in North Dakota

Dakota REIT has acquired Bismarck 5, a five-property, 414-unit multifamily portfolio in Bismarck, North Dakota, for $24 million.

Triton brokers three Chicago multifamily transactions totaling over $3M

Triton Realty Group recently sold three apartment buildings in the West Rogers Park, Albany Park and Edison Park neighborhoods of Chicago.

ASC arranges $13.6 million for Chicago South Side multifamily portfolio

American Street Capital (ASC) has arranged $13.62 million in permanent debt for a twenty-building multifamily portfolio located in Chicago. The portfolio, consisting of 214 units…