multifamily

RMK takes on management duties at three Midwest apartments

RMK Management Corporation has taken over leasing and property management for three rental communities in the Midwest, one in Elgin, Illinois; another in Madison, Wisconsin;…

MissouriMultifamily

Lee’s Summit Housing Authority names executive director

The Lee’s Summit Housing Authority in the City of Lee’s Summit, Missouri, has named Erik Berg as its new executive director. Berg brings a wide…

Electric Works project to put charge in downtown Fort Wayne

Development is already booming in the Indiana city of Fort Wayne, with $800 million in investment dollars already flowing into the city's downtown. That's why…

Berkadia secures $34M in HUD rehab financing for multifamily portfolio

Berkadia announced the origination of $34.27 million in construction-to-permanent substantial rehabilitation financing for a two-property portfolio in Rock Island, Illinois, where 100 percent of the…

MichiganMultifamily

Habitat Company purchases trio of apartment communities in Midwest

Chicago-based The Habitat Company has acquired three rental properties: The Village of Hyde Park, a development of 43 townhomes in Detroit; Harbour Club, a 1,112-unit…

MidwestFinance

Berkadia’s Cleveland, Boston offices provide $34 million for Rock Island portfolio

Berkadia originated $34.27 million in construction-to-permanent substantial rehabilitation financing for the Rock Island Portfolio, two properties in Rock Island, Illinois, with 100 percent of the…

The experts speak, digging into the details on condo deconversions

Every year since the end of the recession, the condo deconversion movement has gained steam. This late in the cycle, however, many are beginning to…

MissouriCRE

The local developers? They’re back in St. Louis

Construction activity is on the rise throughout the St. Louis region. And that has kept St. Louis-based architecture firm HDA Architects busy.

Mixed-use property sells in Algonquin, IL

Marcus & Millichap closed the sale of a 20-unit, mixed-use property located in Algonquin, Illinois, according to Steven D. Weinstock, regional manager of the firm's…

RMK Management adds three Midwest properties to management portfolio

RMK Management Corporation has taken over leasing and property management for a three-property, 407-unit Midwest rental portfolio. Trevian Capital and Crown Properties, both headquartered in…