multifamily

IllinoisMultifamily

Skender completes construction on 43-unit affordable-housing complex in Chicago’s Garfield Park neighborhood

Skender, serving as the general contractor, completed construction on Fifth City Commons, a 43-unit, 60,000-square-foot affordable housing complex at 3155 W. 5th Ave. on Chicago’s…

MinnesotaMultifamily

Marcus & Millichap brokers sale of 24-unit apartment property in Anoka

Marcus & Millichap negotiated the sale of Fairoak Avenue Apartments, a 24-unit apartment property located in Anoka, Minnesota. The property sold for $2.6 million, or…

MinnesotaMultifamily

Habitat acquires Woodbury’s Seasons Villas

Chicago-based Habitat acquired Seasons Villas, a multifamily community with 214 townhome-style rental units at 8630 Summer Wind Alcove in Woodbury, Minnesota, a suburb of the Twin Cities.…

MichiganFinanceMultifamily

Detroit’s District Capital closes $14.5 million loan for mixed-use property

Dave Dismondy with District Capital closed a $14.5 million acquisition loan on an 80,000-square-foot mixed-use property in a walkable downtown Midwest community.  The correspondent life…

IllinoisMissouriMultifamily

Friedman Real Estate sells 80-site mobile home park in Granite City

Friedman Real Estate recently closed the sale of Parktown Mobile Home Park, an 80-site mobile home park community at 1A Parktown Drive in Granite City, Illinois,…

Standard Real Estate Investments, Arrow Street Development close sale of 244-unit apartment building in downtown Indianapolis

Standard Real Estate Investments, LP and Arrow Street Development closed on the sale of Wesley Place, the only luxury residential building in downtown Indianapolis’ Medical…

IllinoisMultifamily

Essex Realty brokers sale of six-unit apartment building in Chicago’s Noble Square neighborhood

Chicago-based multifamily brokerage firm Essex Realty Group, LLC closed the sale of a six-unit apartment building at 1470 W. Huron St. in Chicago’s Noble Square…

IllinoisFinanceMultifamily

Waterton closes on $16 million preferred equity investment in the Residences at Eastbank in Aurora

Waterton closed on a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit, mid-rise apartment building at 100…

OhioFinanceMultifamily

KeyBank Community Development provides $15.5 million construction loan for two-site affordable housing project in Toledo

KeyBank Community Development Lending and Investment provided a $15.5 million construction loan, a $3.18 million permanent loan and $17.7 million in low-income housing tax credit…

WisconsinMultifamily

Marcus & Millichap closes $4.5 million multifamily sale in Racine

Marcus & Millichap closed the sale of Central Park Apartments, a 48-unit multifamily property in Racine, Wisconsin. The property sold for $4.5 million, or $93,750…