Chicago’s multifamily market thriving, evolving
With all the activity going on in multifamily these days, many question what the next frontier of this asset class looks like. Yesterday morning, over…
multifamily
PMG secures $30.7 million refi for co-living project, X Chicago
X Social Communities (XSC), a multifamily division of Property Markets Group (PMG), has closed on a $30.7 million loan from NXT Capital to refinance its…
Berkadia’s Ernie Katai: Multifamily still drawing financing requests
How strong is the multifamily market today? Just ask Ernie Katai, head of production and executive vice president with the Detroit and Chicago offices of…
Cullinan to develop 14-acre site near Saint Louis University
Cullinan Properties, Ltd. has been selected by Saint Louis University through a competitive process to acquire the rights to purchase and develop a 14-acre site…
Flaherty & Collins brings Spoon restaurant to Kentucky mixed-use development
Flaherty & Collins Properties and Bouquet Restaurant have announced Spoon: Kitchen & Market, a fast-casual sister restaurant to Bouquet, will open this Summer at River…
Apartment Investment Advisers closes apartment sale in Austin neighborhood
Apartment Investment Advisers (AIA) recently closed a 27-unit apartment building located at 5400 W. Madison Street, Chicago. Located in the city's Austin neighborhood, the asset…
Condominiums officially open at Chicago’s One Bennett Park
Related Midwest, the Chicago office of Related Companies, celebrated the grand opening of the condominiums at One Bennett Park, the developer's 70-story residential tower in…
NorthMarq closes $21 million loan for St. Louis-area mixed-use property
David Garfinkel, senior vice president/managing director of NorthMarq's St. Louis-based regional office, finalized the $21.8 million construction loan for Whispering Heights, a Class-A market-rate mixed-use…
It’s often cheaper to rent than buy in the Midwest
It's one of the bigger questions in the commercial real estate market today: When will the multifamily market finally cool down?
Colliers sells 270-unit apartment community in Kansas
The Colliers International East Region Multifamily Advisory Group represented both buyer and seller in the sale of Metcalf Village Apartments, a new construction, 270-unit multifamily…