Chicago’s Interra Realty names new director
Interra Realty, a Chicago-based commercial real estate investment services firm, has promoted Max Grossman from associate broker to director. Grossman has brokered or assisted with…
multifamily
Sunflower Beach Resort & Residences breaking ground on latest project in Port Aransas
Sunflower Beach Resort & Residences in Port Aransas, Texas, is holding the ground-breaking of its 21-unt Pool Residences condo building on Feb. 26. Sunflower Beach…
Bernard Financial Group closes $5.3 million loan for Toledo apartment property
Bernard Financial Group has arranged a $5.304 million Fannie Mae loan for a 240-unit multifamily property in Toledo, Ohio. The borrower is Cambridge Briarcliff Owner,…
Albion Residential to start construction of $140 million apartment tower in Nashville
Albion Residential will begin construction on its first Nashville project, Albion in the Gulch, a $140 million tower with 415 rentable units at 645 Division…
Still fighting: Block says Kansas City multifamily market isn’t done battling through pandemic
Block Real Estate Services sums it up nicely: The Kansas City multifamily market has battled its way through the COVID-19 pandemic.
Colliers’ Minneapolis office names new EVPs
Ted Bickel and Jeff Budish have been promoted to senior executive vice president and executive vice president, respectively, with the Minneapolis-St. Paul office of Colliers…
Forever renters? Nearly 20 percent of Millennials not interested in owning a home
Are Millennials turning away from the traditional American dream of owning a home? Not entirely. But a recent report from Apartment List shows that these…
Indiana’s Merchants Capital closes more than $4 billion in financing last year
Carmel, Indiana-based mortgage banking company Merchants Capital provided about $4.7 billion in financing in 2020, nearly half of which was dedicated to supporting affordable housing…
Affordable Housing Advisors adds Low-Income Housing Tax Credit specialist
Jeremiah Jarmin has joined the Southfield, Michigan, office of Affordable Housing Advisors of Marcus & Millichap as a senior national director LIHTC. Jarmin will oversee…
Marcus & Millichap names first vice president in Cleveland office
Marcus & Millichap has promoted Charles Gagliano to first vice president investments in its Cleveland office. This distinction recognizes Gagliano's performance in the field of…