multifamily

SunTrust closes $20 million loan for Dayton apartment complex

Joe Markech, managing director in SunTrust Banks' Chicago office, originated $20.3 million with Fannie Mae for the refinance of a 300-unit Class-B garden-style multifamily property…

3L Real Estate brings 144 affordable apartments to Milwaukee’s Westown area

The $15 million transformation of the Wells Fargo Bank building into 144 affordable rental apartments is adding momentum to downtown Milwaukee's surging Westown neighborhood.

The cheapest apartment rents? You can find them in the Midwest

It's not easy to afford apartment rents in the most desirable parts of big cities like New York, San Francisco and Chicago. But a new…

Dougherty closes $4 million loan for Kentucky multifamily development

Dougherty Mortgage's Minneapolis office recently closed a $4.1 million Fannie Mae loan for the acquisition financing of Cottages of Frankfort Phase I, a 96-unit multifamily…

RENTCafe: Apartment construction slows for first time in six years

It's taken six years, but developers are finally slowing down when it comes to building new apartments across the country.

Dougherty closes $10 million loan for affordable multifamily in Minnesota

The Minneapolis office of Dougherty Mortgage LLC closed a $10.8 million HUD 223(f) loan for the rehabilitation of Maple Pond Homes, a 168-unit multifamily affordable…

Berkadia sells, provides financing for 151-unit Wisconsin apartment building

Berkadia recently closed the sale and financing of Swan Creek Apartments, a 151-unit garden-style multifamily property in Fitchburg, Wisconsin.

The numbers show it: Jobs, people flocking to big cities

Developers haven't been shy about building luxury apartments in the centers of dense urban areas. Retailers are building distribution centers and warehouses closer to the…

Grandbridge provides $51.5 million for university apartments

Grandbridge Real Estate Capital recently closed a $51.5 million first mortgage loan secured by a 264-unit/538-bed Class-A student housing property located near a large university…

NorthMarq closes $4 million loan for Dayton apartments

Noah Juran, senior vice president of NorthMarq Capital's Cincinnati regional office, arranged acquisition financing of $4.275 million for Union Hill Apartments in Dayton, Ohio.

multifamily

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