Berkadia’s Kendrick: No slowdown in sight for St. Louis apartment market
Is there a slowdown in the multifamily market? Not in St. Louis. Just ask Andrea Kendrick, senior director with the St. Louis office of Berkadia.
multifamily
Navigating the evolving world of commercial finance
The companies that provide commercial financing remain busy today, with developers, owners and buyers seeking the money they need to build warehouses, transform office buildings…
CBRE closes sale of 107-unit apartment building near Minneapolis
CBRE Multifamily recently represented ownership in the sale of Wayzata Woods, an apartment community in Wayzata, Minnesota, to BLF Holdings, LLC for $16.5 million.
NorthMarq provides financing for 296-unit apartment complex in Indianapolis
Noah Juran, senior vice president at NorthMarq Capital's Cincinnati regional office, arranged acquisition financing of $7.25 million for Postbrook East Apartments, a 296-unit multifamily property…
Apartment renters paying average of $41 more a month than a year ago
Is demand for new apartment units finally slowing in major cities across the Midwest? There's debate about that. But the latest research from Yardi Matrix…
Opus wraps construction of 370-unit apartment building in Minneapolis
The Opus Group recently completed 365 Nicollet, a 30-story, market-rate apartment building in the heart of downtown Minneapolis on Nicollet Mall.
Marcus & Millichap sells 11-unit apartment property in Minnesota
Marcus & Millichap closed the sale of 1328 Idaho Avenue South, an 11-unit apartment property in Saint Louis Park, Minnesota. The asset sold for $960,000.
NorthMarq closes $3.15 million refinancing of Omaha apartment property
Steve Ruff, managing director of NorthMarq Capital's Omaha regional office, secured the $3.15 million refinance of Harney Place at Midtown, a 32 unit multifamily property…
HFF sells 160-unit apartment community in West Des Moines
Holliday Fenoglio Fowler, L.P. closed the sale of Springs at Jordan Creek, a 160-unit, Class-A apartment community in West Des Moines, Iowa.
Opus starts construction on 256-unit apartment project in Kansas City
The Opus Group, along with Central Bank of the Midwest and CTK Real Estate, has started construction on a 256-unit mixed-use apartment complex in the…