multifamily

Mixed-use property in Countryside, IL sells for $410,000

Marcus & Millichap closed the sale of a 3,650-square foot, mixed-use property located in Countryside, Illinois, according to Steven D. Weinstock, regional manager and first…

Bernard Financial closes $2.25 million in financing for Michigan apartments

Bernard Financial Group has arranged a $2.25 million life company loan for a 192-unit multifamily property in Ypsilanti, Michigan.

Kensington Development, IM Properties break ground on Sawmill Station

Oak Brook, Illinois-based Kensington Development Partners, IM Properties and officials from the village of Morton Grove hosted a groundbreaking ceremony to celebrate the launch of…

2019 CAMME Awards celebrate Chicagoland apartment industry excellence

The 2019 Chicagoland Apartment Marketing and Management Excellence (CAMME) Awards celebrated 52 winners at its 26th annual gala Friday evening, October 18, at the Chicago…

Berkadia sells four-property apartment portfolio in Iowa

Berkadia closed the combined sale of a portfolio of four multifamily properties in Davenport, Iowa. Director Parker Stewart and Senior Managing Director Alex Blagojevich of…

CBRE adds associate to Columbus, Cincinnati team

Marianne Taylor has joined CBRE as an associate on its Cincinnati/Columbus multifamily team.

Berkadia provides $23 million of financing for Madison apartment development

Berkadia provided $23.2 million in permanent financing for The Tuscany on Pleasant View, a multifamily property in Madison, Wisconsin. Senior director Paul Matusiak of Berkadia's…

Thomas Duke Company sells 159-unit apartment community in Michigan

Adam Reid of the Thomas Duke Company closed the sale of West Gardens, a 159-unit multifamily development in Westland, Michigan. The project sold for $9.5…

More evidence that the apartment boom is slowing?

For the first time in two years, the average national apartment rent fell on a month-to-month basis, according to the September 2019 apartment rent report…

Interra Realty brokers sale of multifamily property in West Suburban Chicago

Interra Realty brokered the sale of 1917-23 S. Grove Avenue, a four-story, 34-unit building in Berwyn, Illinois, a western suburb of Chicago. Interra managing partner,…

multifamily

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