multifamily

Sherman Associates delivers 330 new apartment homes to Minneapolis’ Mill District

Three hundred thirty new apartment homes in the Mill District neighborhood of Minneapolis were announced at a grand opening event with Mayor Jacob Frey, Councilmember…

Berkadia report: Multifamily operators turning to concessions to attract renters

U.S. apartment owners and operators face increasing competition today from new multifamily properties and the lure of single-family housing. To attract renters? Many of these…

Bradford Allen, Moceri+Roszak to hold groundbreaking ceremony for $300 million mixed-use development in Arlington Heights

Developer Bradford Allen Development Company and development partner Moceri+Roszak will hold the ceremonial groundbreaking of their $300 million mixed-use development in Arlington Heights, Illinois, on Oct. 8. The event…

KWA Construction wraps work on The Draper Apartments in Garland

KWA Construction completed The Draper Apartments, part of GroundFloor Development's redevelopment project in Garland, Texas. The project was financed in partnership with the U.S. Department…

Marcus & Millichap negotiates sale of 40-unit apartment property in Grand Forks

Marcus & Millichap facilitated the sale of The Current, a 40-unit apartment property in Grand Forks, North Dakota. Matthew Whiteside, investment specialist in Marcus &…

Essex Realty Group sells luxury apartment property in Chicago’s River West neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, Inc. closed the sale of a luxury apartment building at 832-838 W. Erie St. in Chicago’s River West…

MBG tops out 250-unit multifamily project in Westfield

The first luxury multifamily project for MBG’s new Indianapolis office is under roof and will be completed May of 2025. The St. Louis-based construction firm recently…

Michel Commercial sells the Avenue Apartments in Brooklyn Center

Michel Commercial brokered the sale of the Avenue Apartments in Brooklyn Center, Minnesota. This transaction was the result of a strong collaboration between the seller…

JLL Capital Markets brokers sale of 227-unit luxury apartment building in Fulton Market

 JLL Capital Markets announced today the sale and acquisition financing for The Parker, a Class A 227-unit luxury apartment building located in Chicago’s dynamic Fulton Market…

Understanding the 2021 IECC and its implications on multifamily housing in Illinois

The 2021 International Energy Conservation Code (IECC) sets minimum efficiency requirements for buildings to ensure energy use and emissions reductions over their life span. The…