multifamily

McShane Construction Company wraps construction of 124-unit multifamily development in Crystal Lake

McShane Construction Company finished construction of Redwood Crystal Lake, a new neighborhood of 124 single-story apartments in Crystal Lake, Illinois. McShane Construction Company built the…

Even as demand rises, construction of affordable apartment units falls

It's no secret that the United States needs more affordable multifamily apartment units. But a new report suggests that relief for tenants seeking lower-cost apartments…

JLL Capital Markets closes sale and financing for Minneapolis’ Rafter Apartments

 JLL Capital Markets closed the successful sale and financing for Rafter Apartments, a luxury multi-housing community in Minneapolis. JLL represented the seller, a joint venture between…

National Multifamily Housing Council annual meeting recap: Putting people first, technically speaking

The National Multifamily Housing Council’s annual meeting offers leaders in the sector the opportunity to connect, share best practices and hear from thought leaders regarding…

Entre Commercial Realty brokers sale of 10-acre site for manufactured homes in Cary

Entre Commercial Realty has sold a 10-acre site for high-quality manufactured homes at 4202 Three Oaks Drive in Cary, Illinois. This property had to be…

Some relief for the office sector? Planned office-to-apartment conversions hit record high

It's a big jump: The number of apartments set to be converted from office spaces has soared from 23,100 in 2022 to a record-setting 70,700…

Interra Realty brokers sale of pair of multifamily buildings in Wheaton

Interra Realty facilitated the sale of two multifamily buildings in Wheaton, Illinois, a suburb of Chicago. The 18-unit Liberty Square Flats sold for $8.4 million,…

Eastham Capital acquires 550-unit apartment community in Hoffman Estates

Eastham Capital acquired Haven Hoffman Estates, a 550-unit residential apartment community in the Chicago suburb of Hoffman Estates. The community will be renamed Hoffman Hills…

Chicago’s Habitat secures $72.9 million Freddie Mac loan to refinance Chicago’s Columbus Plaza apartments

Chicago-based Habitat refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a new $72.9 million Freddie Mac loan arranged by…

Indianapolis’ Onyx+East hires VP of capital markets

Onyx+East, a full-service home builder based in Indianapolis, has hired Adam Mallory as Vice President of Capital Markets. Mallory brings more than a decade of…

multifamily

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