Midwest-North region

Midwest-North region includes: Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.

Suzanne Weiss

Commercial finance veteran Suzanne Weiss joins Draper and Kramer as senior vice president

Draper and Kramer, Incorporated, a national full-service real estate firm, is pleased to announce it has named Suzanne Weiss as senior vice president, commercial mortgage servicing, for its Commercial Finance Group. An industry veteran...
The Cielo Apartments

New multihousing community near Minneapolis sells for $59 million

JLL Capital Markets announced that it has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments, a 269-unit, multihousing community in the Minneapolis suburb of Fridley,...
Vim + Vigor

New multihousing community in Milwaukee sells for $53 million

JLL Capital Markets announced that it has closed the $53 million sale of Vim + Vigor, a new, 274-unit, mid-rise multihousing community in the Brewery District of Milwaukee, Wisconsin. JLL marketed the property on behalf...
7363-83 N. Winchester

Interra Realty brokers $5 million sale of 40-unit rental community in Chicago’s Rogers Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.025 million sale of 7363-83 N. Winchester Ave., a two-building, 40-unit rental community in Chicago’s Rogers Park neighborhood. The price per...
Six Points Apartments

$21.25M loan arranged for Six Points Apartments near Milwaukee

JLL Capital Markets announced that it has arranged $21.25 million in acquisition financing for Six Points Apartments, a 178-unit, market-rate multihousing community in downtown West Allis, Wisconsin. JLL worked on behalf of the borrower, Spaulding...
The Montrose Portfolio

Interra Realty brokers $11.45 million sale of 7-building rental community in Chicago’s Albany Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $11.45 million sale of 3634-48 and 3639-47 W. Montrose Ave., a seven-building, 39-unit rental community in Chicago’s Albany Park neighborhood. The...
6018-6020 N. Avondale Ave

Interra Realty brokers $1.92 million sale of 12-unit rental community in Chicago’s Norwood Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.92 million sale of 6018-6020 N. Avondale Ave., a 12-unit rental community in Chicago’s Norwood Park neighborhood. The price per unit...
Riverwalk

120-unit LIHTC housing complex sells for $8.8 million outside Chicago

Affordable HousingInvestment Brokerage Inc. (AHIB) recently sold a 120-unit independent senior living community in Lyons, Illinois for $8,800,000. Managing Director Kyle Shoemaker represented the seller, Barron Development LLC, and buyer, New Frontier Companies, to...

Midwest economy good to multifamily

Focus on the Midwest Amid a global pandemic and its economic repercussions, the American Midwest has remained a place of comparative stability—and opportunity. Wide-open spaces and lower costs of living attract businesses and workers alike. Warehouses,...
Promenade at New Town

$27.5 million refinancing arranged for multihousing community near St. Louis, MO

JLL Capital Markets announced that it has arranged a $27.5 million refinancing of Promenade at New Town*, a 225-unit multihousing community in the St. Louis-area community of St. Charles, Missouri. JLL represented Gold Block Ventures...
101 West

Trophy Barrington multihousing property purchased for $20.75 million

JLL Capital Markets announced it closed the $20.75 million sale of 101 West, a trophy apartment community located in the sought-after suburb of Barrington, Illinois, which is about 40 miles from Chicago. JLL worked on...
1900 at Canterfield

Pensam acquires 260-unit apartment community in Chicago suburbs

Pensam, a nationally recognized multifamily real estate investment firm managing over $3 billion in assets across its equity and lending platforms, is pleased to announce the acquisition of 1900 at Canterfield, a 260-unit stabilized...
PARQ at Chesterfield

Passco acquires 345-unit Class A multifamily asset in Chesterfield, Missouri for $98 million

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired a luxury Class A, trophy multifamily asset in Chesterfield,...
Normandale Lake Estates

Apartments adjacent to the Normandale Office Park sell for $16.45 million

JLL Capital Markets announced it closed the $16.45 million sale of Normandale Lake Estates, a 105-unit multihousing property located in Bloomington, Minnesota. JLL worked on behalf of the seller, Normandale Lake, LLC, to complete the...
Haven on the Lake

Monument Capital Management enters Missouri market with $67.3 million acquisition of 528-unit community in...

Monument Capital Management, an A-Rod CORP company and one of the country’s premier fully integrated real estate investment firms, announces the $67.3 million acquisition of Haven on the Lake, a 528-unit multifamily community in...
Yield PRO