CBRE closes seniors housing sale in Detroit area
CBRE recently represented JS Capital in the sale of The James, a 104-bed independent senior living facility at 22111 Woodward Ave. in Ferndale, Michigan.
multifamily
Timberland buys apartment communities in Tennessee, Minnesota
Minneapolis-based Timberland Partners has acquired Ashton Creek Farms in Smyrna, Tennessee, and Eastwood Ridge in Rochester, Minnesota.
NorthMarq closes $23 million refinance of Omaha apartment development
Josh Larsen with the Omaha office of NorthMarq secured the $23.052 million refinance of The ZAG Apartments in Omaha. The apartment development is located at…
Marcus & Millichap arranges sale of 84-unit apartment building in Blue Island
Marcus & Millichap closed the sale of Islander Apartments, an 84-unit apartment property located at 1900 Broadway Street in Blue Island, Illinois. After generating multiple…
Dougherty closes $26 million loan for Des Moines apartment
Dougherty Mortgage recently closed a $26.7 million Fannie Mae loan for the refinancing of Soll Apartments, a 165-unit market rate multifamily housing property in Des…
SVN Chicago closes three consecutive deals in Pilsen
The Cawthon-Labriola Group of SVN Chicago Commercial closed on a trio of properties in the Pilsen Neighborhood on September 17, 2019. A total of 21…
Did Chicago just deep-six deconversions?
Chicago's City Council has passed a resolution to increase the voting threshold on condo deconversions. Now, any building looking to switch from condo to rental…
Reichle Klein sells seven-building apartment complex in Toledo
Reichle Klein Group recently arranged the $5.24 million sale of the Oasis at Inverwest Apartments in Toledo, Ohio.
33 Realty sells Belvidere, IL apartment portfolio
33 Realty has completed the sale of a three-property, 64-unit portfolio of apartments in Belvidere, Illinois for $3,300,000. Consisting of 28 units at 504-544 Biester,…
American Street Capital secures $9.6 million for Oak Forest multifamily portfolio
American Street Capital (ASC) has secured $9.64 million in permanent debt for a 149-unit, scattered site multifamily portfolio in the Chicago suburb of Oak Forest,…