multifamily

Monument Capital Management closes disposition of 222-unit housing community in Mt. Prospect

Monument Capital Management closed the disposition of Eclipse at 1450, a 222-unit workforce housing rental community at 1450 Busse Road, Mt. Prospect, Illinois. The property was acquired by Vladimir Novakic in a $30 million transaction. The…

Construction tops out at 32-story Pearl Fulton Market multifamily tower in Chicago

Developer VISTA Property and its general contractor Skender topped out 370 N. Morgan Street, a mixed-use multifamily rental tower in Chicago’s Fulton Market neighborhood.

Royse + Brinkmeyer starts lease-up phase for 151-unit The Pilot mixed-income residential development in Champaign

Royse + Brinkmeyer announced the start of lease-up for The Pilot, a new mixed-income residential community that will deliver 151 apartments, townhomes, and lofts to…

Marcus & Millichap closes sale of 24-unit multifamily property in Cherry Valley

Marcus & Millichap brokered the sale of Briar Gardens Apartments, a 24-unit multifamily property in Cherry Valley, Illinois. The property sold for $2,675,000, or $111,458 per unit. Patrick…

Northmarq closes $45 million residence for 161-unit multifamily property in Chicago

Kevin McCarthy, Managing Director in Northmarq’s Chicago Debt + Equity office, arranged the $45 million refinance for Chicago multifamily property Reside on Barry on behalf of Newcastle Investors, a real estate…

Northmarq closes sale of 202-unit apartment community in Racine

Northmarq’s Chicago Investment Sales team led by Alex Malzone, Parker Stewart, Dominic Martinez and Jake Lamb, in collaboration with its Chicago Debt + Equity team led by Brett Hood and Kevin McCarthy, arranged the sale and…

Apartment rents, grocery costs big stressors hitting Americans today

High monthly apartment rents and the soaring cost of groceries continue to put pressure on U.S. residents. How much? A new study by InvestorsObserver found…

Essex Realty Group closes $10.85 million multifamily sale in Chicago’s Lakeview neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of 2848 North Seminary Avenue, a 19-unit multifamily property in Lakeview, one of Chicago's…

JLL Capital Markets secures $25 million refinancing for apartment community in Chicago

 JLL Capital Markets secured a $25.22 million refinancing for Chateau on Wells, a 43-unit luxury boutique apartment community in downtown Chicago. JLL represented the borrower, Akara…

Northmarq closes $44.2 million sale of Bellevue multifamily community

Northmarq’s Midwest Multifamily Investment Sales team of Parker Stewart, Dominic Martinez, Alex Malzone and Anthony Martinez arranged the $44.2 million sale of Apex at Twin Creek, a 240‑unit garden‑style multifamily community…

multifamily

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