CBRE brokers $27 million condo deconversion sale in Edgewater Beach
CBRE's Chicago office recently brokered the sale of a 188-unit condo deconversion property at 5815 N. Sheridan Road in Chicago for $27.2 million.
multifamily
Berkadia completes sale of multifamily property in Illinois
Berkadia announced the sale of Nantucket Cove, a 240-unit, garden-style multifamily property in Champaign, Illinois. Managing directors Alex Blagojevich and Ralph DePasquale, along with directors…
The outlook remains bright for apartment market in 2019
The long-term outlook for the apartment market? It's a strong one, thanks to the growing number of Millennials who are creating new households and the…
Luxury condo development 900 West Washington opens in Chicago’s West Loop
900 West, a 10-story luxury condominium project by Chicago-based investor and developer Taris Real Estate, has officially opened in Chicago's West Loop. Located at 904…
Cheap apartments tops list of renter searches
When renters are looking for apartments, what are they looking for? Not surprisingly, they're focused on price.
FOURMIDABLE to manage Michigan apartment community
FOURMIDABLE, a national real estate management and brokerage company, was awarded the management contract for Van Dyke Apartments in Sterling Heights, Michigan.
South Shore multifamily development sells for $3.25 million
Chicago-based commercial real estate investment services firm Interra Realty brokered the sale of a 61-unit multifamily development at 7131-51 S. Bennett Avenue in Chicago's South…
KeyBank arranges $15 million loan for Michigan apartment building
KeyBank Real Estate Capital has arranged a $15.7 million Fannie Mae first mortgage loan for Manchester Flats Apartment Homes in Ann Arbor, Michigan.
Amenities: The Next Generation (How to add considerable value to multifamily buildings)
The millennial generation's continued delay of homeownership is old news for today's apartment owners and developers. But because young adults are continuing to rent into…
Marcus & Millichap facilitates $4.2M sale of apartment community near St. Louis
Marcus & Millichap announced the sale of Copper Creek Crossings Apartments, a 144-unit apartment property located in Belleville, Illinois, according to David G. Bradley, regional…