Blueprint Supports the Collaborative Community Housing Initiative (CCHI) in its Acquisition of Former Seniors...
The Collaborative Community Housing Initiative is excited to announce its recent acquisition of a former memory care community in Highland Park, Illinois. This purchase marks a significant step forward in CCHI's mission to create...
New Cohousing Community Underway in Maryland
Moseley Architects was recently selected to partner with Cohousing of Greater Baltimore to create a new community for active adults. The project's 1.1-acre site near the popular Hampden area will house the first cohousing...
JLL Secures Permanent Refinancing for a Best-in-Class Multifamily Property Risor of Maple Grove near...
JLL Capital Markets announced that it has secured a $33.241 million financing for Risor of Maple Grove, a 169-unit luxury 55+ multifamily property in Maple Grove, Minnesota.
JLL worked on behalf of the borrower, Roers...
Interra Realty Brokers $16.1M Sale of 3-Property Damen Avenue Multifamily Portfolio on Chicago’s North...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a three-building, 115-unit apartment portfolio in Chicago’s Rogers Park neighborhood. The separate properties located on Damen Avenue sold...
Dwight Mortgage Trust Finances $88M Bridge Loan for Waverly on the Lake Apartment Community...
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $88.5 million value-add bridge acquisition loan for The Waverly on the Lake, a lakefront garden-style apartment community in Belleville, Michigan.
Loan proceeds will facilitate...
Joint Venture Announces Ground Breaking on Chicago Affordable Housing Redevelopment 79 West Monroe
Chicago Mayor Brandon Johnson recently joined Lagfin and R2 Companies to break ground on 79 West Monroe, a $64 million redevelopment of the upper floors of the building into an office-to-residential conversion.
The project will...
The Prime Company Secures $111M for Midwest Student Housing Portfolio
The Prime Company (TPC) has secured $111 million in fixed-rate financing from affiliates of Apollo for a portfolio of five student housing properties across four states.
TPC developed each of the five properties over the...
St Paul looks to revise its rent control ordinance
In November 2021, voters in St. Paul, Minnesota passed one of the most stringent rent control measures in the country. The St. Paul city council recently announced plans to revise it yet again.
Toning it...
F.H. Paschen Tops Out Chicago-Area Workforce Housing Development Bellwood Gateway
F.H. Paschen has topped off the first phase of the Bellwood Gateway Development, a $43 million workforce housing project in the Chicago suburbs.
Serving as the developer and general contractor, F.H. Paschen now moves towards...
Trilogy Real Estate Group Fully Subscribes Luxury Multifamily DST Offering for the Acquisition of...
Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, announced that its latest Delaware statutory trust offering, Trilogy Franklin, Wisconsin Multifamily DST, has been fully subscribed. Approximately $58.5 million in equity...
BWE Secures $39M for Affordable Housing Portfolio in Twin Cities Metro Area
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $39,042,000 in loans to refinance a six-property affordable housing portfolio. The communities are located in New Hope, Bloomington, and St....
JLL Secures $55M in Financing for Luxury BTR Townhome Development Park5 in Deerfield Illinois
JLL Capital Markets announced that it has arranged a $45.7 million construction financing and a $9.9 million mezzanine financing for Park5 Luxury Rental Townhomes, a 144-unit core BTR development located at 5 Parkway N...
Marcus & Millichap Brokers $1.7M Sale of 23-Unit Multifamily Property Hillcrest Apartments in Le...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hillcrest Apartments, a 23-unit apartment property in Le Sueur, Minnesota.
"This transaction...
Interra Realty Brokers $5M Multifamily Deal of the SR8 Portfolio in Chicago’s South Suburbs
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the sale of two multifamily transactions, dubbed the SR8 Portfolio, in the south suburbs of Chicago.
Interra Director Michael Duckler represented the...
Cushman & Wakefield Advises Sale of Highest Valued Multifamily Sale in the History of...
Cushman & Wakefield announced the firm has arranged the sale of a large portfolio of 601 recently developed single-family (“SFR”) build-to-rent (“BTR”) homes located throughout the Fargo/West Fargo/Moorhead MSA in the bordering states of...
