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multifamily

Affordable Housing Investment Brokerage closes sale of 166-unit affordable-housing portfolio in Wisconsin

Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing's Wisconsin portfolio, which…
June 27, 2024

Wealthy & Sheldon Apartments ready to open their doors in Grand Rapids

Tenants will soon be moving into new apartments on the southern edge of Grand Rapids, Michigan, with the opening of the Wealthy & Sheldon Apartments.…
June 27, 2024

Cinnaire closes $175 million fund to provide affordable housing in Midwest

Cinnaire closed its Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit fund. The fund comprises 14 investors and will support…
June 27, 2024

Pearlmark provides $7 million in mezzanine debt for 231-unit multifamily community in Milwaukee market

Pearlmark closed on a $7 million mezzanine debt investment for the refinance of The Ruby at Brookfield Square, a 231-unit multifamily community in Brookfield, Wisconsin,…
June 27, 2024

Brown Commercial Group sells nine acres in Carol Stream

Brown Commercial Group represented a private land owner in the sale of nine acres that will become a new townhome development in Chicago’s western suburbs.…
June 24, 2024

Related Midwest celebrates groundbreaking of first phase of 400 Lake Shore in downtown Chicago

Related Midwest on June 17 welcomed more than 200 guests, including city and state elected officials, project partners, labor leaders and community stakeholders, to celebrate the…
June 18, 2024

Interra Realty closes sale of three-building multifamily portfolio in Oak Lawn

Interra Realty brokered the sale of a three-building, 24-unit multifamily rental portfolio in Oak Lawn, Illinois, for $3.15 million. Equating to $131,250 per unit, the transaction…
June 17, 2024

Brinkmann Constructors celebrates topping out of 385,000-square-foot multifamily community in Missouri

Brinkmann Constructors in partnership with Lodging Hospitality Management, Balke Brown Transwestern and 2B Residential, recently celebrated the topping out of a 385,000-square-foot multifamily apartment community…
June 14, 2024

Gindi Equities acquires multifamily property in Fargo

Gindi Equities acquired Osgood Townsite Apartments, a multifamily community in Fargo, North Dakota, from Property Resources Group.  The purchase marks Gindi’s entry into the Fargo…
June 13, 2024

Vero Sade unveils multimillion-dollar makeover at Dallas’ 3700M apartment tower

Houston-based multifamily developer Vero Sade unveiled a multimillion-dollar makeover of 3700M, a 381-unit luxury high-rise at 3700 McKinney Ave. in Dallas. Vero Sade simultaneously debuted its club living…
June 13, 2024
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