multifamily

Apartment Investment Advisers facilitates sale of two Rogers Park rental properties

Apartment Investment Advisers (AIA) recently closed on the sales of two apartment buildings in Chicago's Roger Park neighborhood. The combined sale price was more than…

Indianapolis’ apartment market? Don’t look for a slowdown soon

The multifamily sector has been booming throughout Indianapolis for several years now. And in the near future? It's showing few signs of an impending slowdown.

Waterton completes $15 million renovation of Angelo Gordon’s River North Park

Waterton has completed the $15 million renovation of River North Park, a 400-unit, 24-story apartment tower located at 320 W. Illinois Street in Chicago's River…

Marcus & Millichap arranges sale of five-building apartment portfolio in Joliet

Marcus & Millichap brokered the sale of a five-building apartment portfolio located in Joliet and Crest Hill, Illinois, according to Steven D. Weinstock, regional manager…

MidwestMultifamily

The sector with the strongest outlook? It’s not industrial

Which commercial sector is the strongest? Across the Midwest and the United States, it's long been a battle between industrial and multifamily. A new report,…

For the first half of 2019, cap rates remained stable

Thanks to moderate growth, low inflation and falling long-term interest rates, cap rates for commercial real estate assets held steady in the first half of…

MinnesotaFinance

Dougherty closes $34 million loan for Minneapolis apartment development

Dougherty Mortgage recently closed a $34.2 million HUD 221(d)(4) loan for the new construction of Bassett Creek Apartments, a 139-unit market rate multifamily apartment property…

MichiganMultifamily

CBRE closes sale of 33 acres near Grand Rapids

CBRE recently represented Granger Group in the sale of 33.4 acres at 5650 Wilson Ave. SW in Wyoming, Michigan. The sale represents the first of…

Avanath pays $55 million for affordable housing portfolio

Avanath Capital Management, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined 317 units in…

OhioMultifamily

Pizzuti continues work on Residences at the Sutton in Columbus

The Pizzuti Companies is continuing construction at The Residences at The Sutton, the firm's latest multi-family development project in the Short North district of Columbus,…