ULI Spring Meeting shatters records in Detroit
The Urban Land Institute in early May held its Spring Meeting in Detroit for the first time in 40 years.
multifamily
Flaherty & Collins gains approval for $30 million apartment project in Indiana
A Flaherty & Collins Properties $30 million luxury apartment development proposal to be built in Lawrenceburg, Indiana, was unanimously approved by the Lawrenceburg City Council…
Kansas City’s Swope Community Builders closes merger, name change
Swope Community Builders, a 501(c)(3) Community Development Corporation with nearly 30 years of mission-based development experience, has merged with Blue Hills Community Services. The company…
Bernard Financial originates $14 million apartment loan in Michigan
Bernard Financial Group closed a $14.5 million loan for a 374-unit multifamily property in Oak Park, Michigan.
Multifamily pros join JLL’s Minneapolis office
JLL Capital Markets has expanded its multifamily services in the Midwest with the addition of Mox Gunderson, Dan Linnell and Josh Talberg in its Minneapolis…
RADCO’s first four acquisitions of 2018 are in Indianapolis
The RADCO Companies completed its first four acquisitions of 2018 with the closing of the NW Indy Portfolio in Indianapolis, Indiana. The 1,426-unit, Class-C and…
Newmark Knight Frank marketing mixed-use development in Ohio
Newmark Knight Frank has been hired as the exclusive office and retail leasing agent for Norton Crossing, a $50 million, 25-acre mixed-use development in Whitehall,…
New report: Apartment rents rising, but not that fast anymore
A new report shows that apartment rent growths across the country while still rising are inching up at a far more sluggish pace.
Dougherty provides $16 million loan for affordable apartments in Minnesota
The Minneapolis office of Dougherty Mortgage recently closed a $16.1 million HUD 221(d)(4) loan for the new construction of Eastgage Apartments, a 135-unit multifamily affordable…
KeyBank originates $39 million loan for Nashville apartment complex
KeyBank Real Estate Capital has originated a $39.9 million Fannie Mae first-mortgage loan for Peyton Stakes, an apartment development in Nashville.