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multifamily

Marcus & Millichap arranges sale of 48-unit Hickory Hills apartment building

Marcus & Millichap closed the sale of Hickory Glen Apartments, a 48-unit apartment property located in Hickory Hills, Illinois, according to Steven D. Weinstock, regional…
June 13, 2019
OhioMultifamily

Colliers’ Cooper: It might not be booming, but Cleveland apartment market strong

Three years ago, apartment renters would flock to any new apartment building rising in Cleveland, filling the units as soon as the multifamily development opened…
Dan Rafter June 13, 2019

Chicago could have a bear market headed its way, per DePaul’s CRE sentiment survey

Chicago's commercial real estate professionals maintain optimism about the local real estate market, though perhaps with less fervor than in the recent past. Property, transfer…
Matt Baker June 12, 2019
MissouriMultifamily

Timberland Partners acquires Missouri apartment community

Minneapolis-based Timberland Partners acquired Knollwood Apartments in Hazelwood, Missouri. Founded in 1992, the company now owns and manages 74 apartment communities totaling 15,574 units in…
June 11, 2019

Essex Realty Group brokers sale of The Parker in Park Ridge for $15 million

Essex Realty Group closed the sale of The Parker, a 46-unit new construction property located in Park Ridge, Illinois, one of Chicago's most desirable suburbs.…
June 10, 2019

Apartment Investment Advisers completes sale of 16-unit property

Apartment Investment Advisers (AIA) recently closed the sale of a 16-unit apartment building in Chicago's Austin neighborhood. The property, located at 5847 W. Walton Street,…
June 10, 2019
MinnesotaFinance

Dougherty closes $42 million loan for Minnesota apartment community

Dougherty Mortgage recently closed a $42 million Fannie Mae loan for the refinancing of Loden SV, a 206-unit four-story market-rate multifamily apartment property in Shoreview,…
June 10, 2019
MissouriMultifamily

L5 partnership acquires 624-unit apartment community in Kansas City

A joint venture partnership of L5 Investments, Odyssey Properties Group and BH Equities has acquired The Crossing at Barry Road Apartments, a 624-unit, 95-percent occupied,…
June 10, 2019
MidwestMultifamily

The most expensive apartments? This summer, they’re not in the Midwest

Not one Midwest city cracked the list of the 10 most expensive metropolitan areas in which to rent an apartment this June, with a city…
Dan Rafter June 9, 2019

Three tips for using virtual staging to wow prospective tenants

When it comes to renting or leasing vacant apartments or condos, prospective tenants often encounter the same challenges facing those scoping out houses—it's hard to…
Sarah Anderson June 7, 2019
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