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multifamily

MichiganFinance

Love Funding provides $16 million in financing for low-income apartments in Michigan

Love Funding recently closed on two loans totaling $16.4 million to build a multifamily housing community for low-income residents in Ecorse, Michigan.
December 14, 2017
MissouriMultifamily

Harvard report: Is the apartment market heading for a big slowdown?

Is the boom in apartment development coming to an end? The fourth-quarter reports from most commercial real estate companies' research arms suggest that it's not.…
Dan Rafter December 14, 2017

Berkadia provides $10 million in financing for vintage Chicago apartment building

Berkadia secured financing of $10 million for the vintage Dearborn Plaza Apartments at 1030 N. Dearborn in Chicago.
December 13, 2017

Latest research from Marcus & Millichap: Chicago apartment rents, construction keep rising

Are developers worried that they might be adding too many apartment units to the city of Chicago? Construction activity here would suggest not, and so…
Dan Rafter December 13, 2017
MissouriFinance

Maverick Commercial Mortgage provides $5.4 million in financing for Missouri mobile home park

Maverick Commercial Mortgage, a Chicago-based commercial mortgage banking firm, arranged both bridge and subsequent permanent financing in the amount of $5.4 million at a 10-year…
December 12, 2017

Essex Realty sells six-unit apartment building in Chicago

Essex Realty Group, Inc. recently closed the sale of 1942 N. 19th Ave. in Melrose Park, Illinois.
December 11, 2017
OhioFinance

Dougherty closes $24 million loan for Ohio apartment tower

Dougherty Mortgage recently closed a $24.8 million Fannie Mae loan for the refinancing of Shoregate Towers, a 404-unit market-rate multifamily apartment property in Willowick, Ohio.
December 8, 2017
MissouriMultifamily

Where are renters the most satisfied?

Renters are very satisfied with their rental apartments in Kansas City, Missouri. In Memphis? They're not that happy.
Dan Rafter December 7, 2017
MichiganFinance

The State Bank provides financing for acquisition of Michigan apartment community

The State Bank recently closed the financing for the acquisition of a multifamily property in downtown Birmingham, Michigan.
December 7, 2017
MinnesotaMultifamily

Dougherty closes $4.8 million loan for affordable apartments in Minnesota

Dougherty Mortgage recently closed a $4.8 million HUD 221 (d)(4) loan for the new construction financing of Greenway Terrace in Ramsey, Minnesota.
December 7, 2017
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