Relocating to Chicago? These are where the rents are highest.
Compared to major cities on the coasts, Chicago remains an affordable option. But all things are relative so Chicago residents—or those looking to relocate here—will…
multifamily
Kiser Group seeking $36 million for Lakeview condo deconversion
A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists…
Marcus and Millichap sells two mixed-use properties in Wicker Park, Rogers Park
Marcus & Millichap recently closed on two separate mixed-use property sales in Chicago. One, located in the city's Wicker Park neighborhood, went from contract to…
Flaherty & Collins building $35 million mixed-use development in Indiana
Flaherty & Collins Properties will soon begin construction on The Strand, a $35 million mixed-use development in La Porte, Indiana.
Essex on the Park becomes Chicago’s first WELL Certified multifamily property
Essex on the Park, Chicago's new 56-story, 479-unit luxury apartment building at 808 S. Michigan Avenue, has been awarded WELL Certification by the International WELL…
Apartment Investment Advisers closes on two Chicago portfolios
Apartment Investment Advisers (AIA) recently closed two separate apartment building portfolios on the South Side of Chicago. The combined price for the two sales was…
Nothing set to derail Midwest apartment market in near future
For much of the past decade, the apartment market, both in the Midwest and across the United States, has enjoyed an outstanding run. Vacancy rates…
Landmark church in Chicago’s Ukrainian Village transformed as luxury condos
Regency Development Group and its exclusive sales and marketing agency @properties have announced the start of sales for The Revival, the adaptive re-use and conversion…
NorthMarq provides financing for 188-unit apartment project in Missouri
David Garfinkel and Dan Baker of NorthMarq's St. Louis office arranged debt/joint venture equity financing for the construction of Wildhorse, a multifamily and retail property…
Berkadia closes $15 million in financing for Missouri apartments
Berkadia today provided $15 million in financing for Cedar Ridge, a garden-style multifamily property in Independence, Missouri. Managing director Andy Ahlers of Berkadia's San Francisco…