multifamily

Schafer Richardson brings bank to mixed-use development in Minneapolis

Schafer Richardson recently closed the lease of a street-level retail bay to Bank of America in its M on Hennepin redevelopment project in Northeast Minneapolis.

Associated Bank provides financing for Minnesota apartment renovation

The acquisition and rehabilitation of The Hylands II, an apartment complex in Rochester, Minnesota, will begin this month following the closing of a $6.2 million…

Drake Development starts construction of 70-acre development in Missouri

Drake Development began construction today on Streets of West Pryor, a 70-acre mixed-use development in Lee's Summit, Missouri.

Chicago Loop Alliance: Multifamily and office sectors still vibrant in The Loop

The Chicago Loop Alliance today released its “State of the Chicago Loop: 2018 Economic Profile," providing data on a variety of industries in the Loop,…

33 Realty brokers $7M deconversion sale of 49-unit property in Uptown

Chicago-based commercial real estate firm 33 Realty recently brokered the $7,000,000 sale of a 49-unit condo building located at 918 W. Winona Street in Chicago.…

The multifamily juggernaut? It’s showing no signs of a slowdown

No signs of a slowdown. That's the takeaway from Yardi Matrix's recently released April multifamily report, which shows that monthly apartment rents across the country…

Dougherty closes $1.5 million refinance loan for South Dakota apartments

Dougherty Mortgage recently closed a $5.1 million Fannie Mae loan for the refinancing of Dakota Estates II, a 72-unit market-rate multifamily apartment property in Aberdeen,…

Not a passing craze: Deconversions still strong in Chicago

There were two major condo deconversion deals announced in Chicago at the close of 2018: Kiser Group's deconversion of the 250-unit Flats on LaSalle and…

Berkadia provides $323 million in refinance funds for multifamily portfolio

Berkadia arranged a total of $323 million in refinancing for a 13-property multifamily portfolio with 3,881 units throughout the Midwest and Southeast United States.

Berkadia sells 133-unit apartment community in Indianapolis

Berkadia recently sold Highland Pointe, a 133-style multifamily property in Indianapolis. Chris Bruzas and Alex Blagojevich of Berkadia's Chicago office led the transaction on behalf…

multifamily

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