Oak Brook approves new luxury condo development, The Butler
The Oak Brook, Illinois Board of Trustees has approved The Butler, a development of 90 luxury condominiums located at 1900 Spring Road, directly across the…
multifamily
Leasing opens up at Bevel Old Town apartments in Chicago
Chicago-based Spaces Real Estate has begun pre-leasing for Bevel Old Town, a 69-unit boutique rental community at 1552 N. North Park Avenue in Chicago's Old…
Opus building 218-unit apartment development in Minneapolis
The Opus Group has started construction for a six-story, 218-unit market-rate apartment building in the North Loop neighborhood of Minneapolis.
Marcus & Millichap: Detroit apartment vacancies at five-year low
The multifamily vacancy rate in Detroit remained at its lowest level in five years, according to the fourth quarter multifamily market report from Marcus &…
33 Realty brokers $5.35M sale of mixed-use Logan Square building
Chicago-based commercial real estate firm 33 Realty recently brokered the $5,350,000 sale of a 20,190-square-foot, mixed-use building located at 2000 N. Milwaukee Avenue in Chicago's…
Marcus & Millichap arranges more than $6M in suburban Chicago apartment property sales
Marcus & Millichap announced the sale of apartment communities in the southwest and far northern parts of the Chicago MSA. The separate transactions, totaling over…
Albany Park multifamily property sells for $127,777 per unit
A nine-unit multifamily building sold at 3101 W. Leland Avenue in Chicago's Albany Park neighborhood. SVN Chicago Commercial advisors Paul Cawthon and Angelo Labriola represented…
CBRE team closes more than $52 million in financing in November
Joel Torborg and Ben Bastian of CBRE Minneapolis's Debt and Structure Finance team arranged more than $52.3 million in SBL financing across 22 properties with…
After two quiet months, apartment rents rise again
Renters enjoyed a two-month break from apartment rent hikes in October and November. But December? That's a different story, as ABODO in its latest monthly…
$1.85 million sale for 16-unit apartment property in Chicago’s South Shore
Marcus & Millichap's Anthony Hardy, a senior associate, and Thomas Heitzman, an associate, both the firm's Chicago Downtown office, represented the buyer and seller in…