Need apartments? As Lee’s Summit shows, most Midwest cities do
Cities across the Midwest are scrambling to build enough apartment units to meet the demand for them. A good example is in Missouri, where officials…
multifamily
RHP Properties buys pair of manufactured housing communities in Detroit market
RHP Properties recently acquired two communities in Canton Township, Michigan, bringing the company's total of manufactured home communities to 225 across the nation.
Four reasons why you can keep building all those apartment units
How long can the multifamily boom last? How about five to 10 more years? That's what the results of a recent homeownership survey by national…
Study: Midwest has some of the worst cities for renters (and just a few of the best)
Multifamily developers in Lincoln, Nebraska, should be smiling: A popular financial Web site just listed the city as one of the best places for renters…
NorthMarq Capital provides $4.3 million of financing for Kansas City apartments
Noah Juran, vice president of NorthMarq Capital's Cincinnati regional office, arranged acquisition financing of $4.3 million for The Devereaux Apartments, a 60-unit multifamily property located…
Kraus-Anderson, Inland Development to develop 316-unit apartment complex in Minnesota
Kraus-Anderson and Inland Development Partners are developing a three-story, 316-unit housing project in Richfield, Minnesota. Located near 66th and Cedar Avenue, the $60 million Chamberlain…
Dominium wraps renovations at 185-unit apartment complex in Tennsee
Dominium, a Minneapolis-based apartment development and management company, has completed renovations on the Villages of Gallatin Apartments & Townhomes in Gallatin, Tennessee. A grand re-opening…
Tikijian Associates sells 644-bed multifamily community near Purdue University
Tikijian Associates has sold McCormick Place, a 644-bed student apartment community in West Lafayette, Indiana.
Multifamily rents jump in a big way in June
Multifamily rents across the country, and throughout the Midwest, rebounded in a big way in June, rising $12 to an average of $1,349, according to…
Greystone hires managing director
Kelley Klobetanz has joined lending, investment and advisory company Greystone as a managing director. She will focus on the multifamily, affordable housing and healthcare sectors.