KeyBank Real Estate provides $20 million of funding for Ohio apartment community
KeyBank Real Estate Capital has secured a $20.7 million Fannie Mae, first mortgage loan for Parc Apartments, located in Gahanna, Ohio.
multifamily
Grandbridge provides financing for Indianapolis multifamily community
Grandbridge Real Estate Capital recently closed a large loan secured by a leasehold mortgage in Indianapolis. Lockefield Gardens, a 493-unit community and clubhouse, is located…
New study: Apartment rents rise in November, especially in Cleveland, Indianapolis
Demand for apartment living doesn't seem to be slowing, with a new report showing that the national median rent for one-bedroom apartments took a significant…
Marcus & Millichap sells 18-unit apartment property in Minnesota
Marcus & Millichap sold 428 Holly, an 18-unit apartment property in Mankato, Minnesota. The asset sold for $1.027 million.
Lodge Financial arranges $4.7M in financing for Chicago mixed-use property
Lodge Financial's Matthew Lebenson recently closed a 5-year fixed rate $4.7 million loan secured by a newly constructed 13-unit, mixed-use property located in Chicago, Illinois.
What do renters want? Air-conditioning, high-speed Internet top the list
A huge majority of renters won't sign a lease for an apartment that doesn't feature air conditioning. Others? They won't rent in an apartment building…
CBRE Capital Markets sells 144-unit apartment community in Milwaukee
CBRE Capital Markets has arranged the sale of Sunset Ridge, a 144-unit apartment community in northwest Milwaukee to Weidner Apartment Homes, marking the Kirkland, Washington-based…
Tikijian Associates sells 450-unit apartment community in Fort Wayne
Tikijian Associates recently closed the sale of Woodbridge Apartments, a 450-unit community in Ft. Wayne, Indiana.
Berkadia closes sale of multifamily property in Missouri
Berkadia recently closed the financing and sale of The Links at Parkville Apartments, a multifamily property in Parkville, Missouri.
Marcus & Millichap broker $11.1M sale of 156-unit south suburban multifamily
Marcus & Millichap brokered the $11.1 million sale of Orchard Estates, a 156-unit apartment building in south suburban Alsip, Illinois.