multifamily

JRK Property Holdings acquires 288-unit multifamily property in Bolingbrook

JRK Property Holdings has acquired Brook on Janes Apartments, a 288-unit Class-A multifamily community in the Chicago suburb of Bolingbrook, Illinois. Brook on Janes was…

Northmarq brokers sale of 428-unit apartment development in St. Louis market

Northmarq’s Midwest Multifamily Investment Sales team of Dominic Martinez, Parker Stewart and Alex Malzone brokered the sale of The District apartments in a highly sought-after St. Louis submarket. Built in…

Berkadia report: Multifamily sector remained strong during first half of 2024

The U.S. multifamily market remains a busy one, according to Berkadia's 2024 Mid-Year National Multifamily Report.

District Capital provides 95% of capital for acquisition of 129-unit apartment building in Michigan

Mike Lemon with District Capital arranged 95% of the capital on the acquisition of a 129-unit apartment community in Riverview, Michigan. The debt was placed…

Standard Communities acquires affordable-housing community in Duluth

Standard Communities made its second investment in Minnesota in a month, acquiring a 100% affordable community in Duluth. Standard led a public-private partnership in acquiring…

Stable? Steady? That’s a good combination for Cleveland’s commercial real estate market

Stable. Resilient. And steady. That is how commercial real estate professionals describe Cleveland’s CRE market today, even when faced with the challenges of higher interest…

Greystone provides $28 million construction loan for multifamily community in Traverse City

Greystone closed a more than $28 million HUD-insured 221(d)(4) loan to finance the construction of a 192-unit multifamily community in Traverse City, Michigan. The financing…

American Landmark Apartments

American Landmark Apartments acquired Prose Eastgate, a 366-unit apartment community to be renamed ‘The Jameson’ and located in the city of Fate, Texas, within the…

Marcus & Millichap sells 231-unit multifamily portfolio in Texarkana

Marcus & Millichap closed the sale of a six-property, 231-unit multifamily portfolio in Texarkana, Texas. Matt Aslan, a multifamily investment specialist in Marcus & Millichap’s…

Apartment rent growth? It’s been modest this year in the Chicago market

Chicago multifamily rents remained fairly stable in July, increasing by just 0.2% from the previous month, according to the latest research from Apartment List. According…