Design firm moves to Lenexa’s City Center development
Klover Architects will relocate from 10955 Lowell in Overland Park, Kansas, to Copaken Brooks' The District at City Center Lenexa in Lenexa, Kansas.
multifamily
Celebrating the busy times: Standing-room-only crowd at Detroit CRE Summit
Need more proof that Detroit's commercial real estate market is in the middle of a renaissance? You only needed to attend the 5th annual Detroit…
CBRE sells 209-unit multifamily property near Minneapolis
CBRE recently represented Schafer Richardson in the sale of Eastwood Ridge, a 209-unit multifamily property in Rochester, Minnesota, to Timberland Partners.
NorthMarq closes $12 million refinance of St. Paul affordable housing portfolio
Michael Padilla with the Minneapolis office of NorthMarq recently arranged the $12.75 million refinance of the St. Paul Preservation Portfolio, a portfolio that contains 172…
KTGY unveils plans for Indianapolis’ Grid multifamily project
KTGY Architecture + Planning has unveiled the details behind the design of Grid, a 175-unit rental community being developed in downtown Indianapolis. Developed by Milhaus,…
Associated Bank closes $36 million in financing for Madison mixed-use project
Associated Bank acted as lead arranger and administrative agent, holding a $22.6 million portion of a $36.6 million loan for Stone House Development's construction of…
Minneapolis’ Dougherty closes first loan under new HUD program
Dougherty Mortgage is the first mortgage banker nationwide to close a project under HUD's new 221(d)(4) LIHTC pilot program with a $14.8 million loan for…
Are deconversions doomed? New legislation looks to heighten the barrier to entry
Chicago's condo deconversion trend seems to have slowed a bit compared to years past, but there are still deals happening and interest in all quarters…
Autonomous cars on a crash course with the real estate industry
You stroll out of your house in the countryside, hop into the self-driving car you ordered and settle in with your coffee and your laptop,…
Lodge Financial closes $12.5 million in financing for Chicago deconversion
Lodge Financial successfully secured long term financing on a 64-unit condo deconversion with 64 different sellers. The $12,500,000 purchase price was supported by a loan…