multifamily

MinnesotaMultifamily

CBRE negotiates sale of 272-unit multifamily property near Minneapolis

CBRE Multifamily represented Healey Ramme Company in the sale of Southfork Townhomes, a 272-unit multifamily community at 18001 Jubilee Way in Lakeville, Minnesota, to Investors…

First look at Gold Coast condo project, Fifteen Fifty on the Park

New renderings have been released for Fifteen Fifty on the Park, a boutique condominium building from developers Golub & Company, CIM Group and Avoda Group.…

For cap rates, stability the driving force

During the second half of 2018, capitalization rates broadly remained stable, buoyed by a trio of macro factors—positive economic growth, abundant capital and a favorable…

Apartment Investment Advisers facilitates Oak Park multifamily sale

Apartment Investment Advisers (AIA) recently closed a 10-unit apartment building in Oak Park, Illinois, according to managing broker Jack Cassin. George Cassin of AIA was…

Boutique condo property under development in Chicago’s West Loop begins sales

Showing faith in the West Loop's demand for condominiums, sales have begun for a new project, Eveq, ahead of the building's formal March groundbreaking. Delivery…

WisconsinSeniors Housing

Evergreen Real Estate wraps $2 million renovation of Wisconsin seniors housing

Evergreen Real Estate Group has completed a $2 million renovation of Durand Plaza, a 72-unit affordable senior housing community in Racine, Wisconsin. Evergreen, which acquired…

Marcus & Millichap closes retail, mixed-use deals in western suburbs

Marcus & Millichap announced the sale of two properties in Chicago's western suburbs. A 16,500-square-foot mixed-use property located in Franklin Park sold for $650,000 while…

Fox Lake apartment property sells for $750,000

Marcus & Millichap announced the sale of Canterbury Court Apartments, a 12-unit apartment property located in Fox Lake, Illinois, according to Steven D. Weinstock, regional…

Newcastle Limited buys multifamily community in River West

Newcastle Limited has purchased Kenect Chicago, a two-building apartment community located at 504 and 505 N. Green Street in Chicago's River West neighborhood. CBRE represented…

Marcus & Millichap facilitates sale of Chicago apartment building

Marcus & Millichap announced the sale of an 18-unit apartment property located in Chicago's Washington Heights neighborhood, according to David G. Bradley, regional manager of…