Midwest-North region

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

rent control in St Paul Minn

Unintended consequences of rent control

A study by the USC Marshall School of Business finds that the recent rent control initiative approved by voters in St. Paul Minn. negatively impacted property values for both renter- and for owner-occupied properties....
755 W. Buena Ave

Interra Realty brokers $4.7 million sale of 30-unit multifamily property in Chicago’s Buena Park

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.7 million sale of 755 W. Buena Ave., a 30-unit rental community in the Buena Park section of Chicago’s Uptown neighborhood....
5055 S. Dorchester

Interra Realty brokers $12 million sale of 34-unit rental community in Chicago’s Hyde Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $12 million sale of 5505 S. Dorchester Ave., a 34-unit rental community in Chicago’s Hyde Park neighborhood. The price per unit...
Beyond Apartments

Minnesota multihousing community sells for $65.158 million

JLL Capital Markets announced that it has closed the $65.158 million sale and arranged acquisition financing for Beyond Apartments, a 255-unit, mid-rise multihousing community located in the Minneapolis-St. Paul suburb of Woodbury, Minnesota. JLL marketed...
Nolan Mains

$67 million in refinancing secured for a Minnesota multihousing community

JLL Capital Markets announced that it has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community located in the 50th and France neighborhood of Edina, Minnesota. JLL worked on behalf...
Minnetonka Station

Debt and equity capitalization secured for 275-unit multihousing development in Minneapolis-St. Paul

JLL Capital Markets announced that it has arranged construction financing and secured equity for the development of Minnetonka Station, a 275-unit, Class A, transit-oriented multihousing development project in Minnetonka, Minnesota. JLL represented Linden Street Investments...
Steve Boyack

JVM Realty hires Steve Boyack as Chief Operating Officer

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced that Steve Boyack has joined the firm as chief operating officer. As a member of the executive leadership...
5124-32 S. Kimbark Ave

Interra Realty brokers pair of multifamily transactions totaling $10.2 million in Chicago’s Hyde Park,...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties on Chicago’s South Side: 5124-32 S. Kimbark Ave., a 44-unit condo deconversion in Hyde Park; and...
Fox Run Apartments

Marcus & Millichap completes 220-unit apartment sale in Suburban Chicago

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fox Run Apartments, a 220-unit apartment complex in St. Charles, Illinois. “Built...
Huntington Indiana property acquisition

The Michaels Organization acquires affordable housing portfolio in Indiana

The Michaels Organization, a national leader in residential real estate with full service capability in development, property management, construction, and investment, announced that it has acquired a 12-property residential portfolio in Indiana. The portfolio...
Morgan Whiteley

CRG expands residential croup with Morgan Whiteley as new director of investments

CRG, the national real estate development and investment firm, announced the expansion of its residential group by adding Morgan Whiteley to serve as its new director of investments. In her role, Whiteley will support the...
Marquee

Sale of multihousing community in Minneapolis closes for $61.6 million

JLL Capital Markets announced that it has closed the $61.6 million sale of Marquee, a 231-unit, mid-rise multihousing community located in the Loring Park neighborhood of Minneapolis, Minnesota. JLL represented the seller, Reuter Walton Development. KC...
The Mabel Exchange

Kiser Group brings The Mabel Exchange to market in Edgewater

Kiser Group, Chicagoland’s leading multifamily brokerage firm, presents the sale of The Mabel Exchange. Located at 5920 N. Ridge Avenue, The Mabel Exchange is a mixed-use property in Edgewater’s Andersonville neighborhood, recently ranked the...
1014 Burlington Avenue

Marcus & Millichap arranges the sale of a 14-unit apartment building in Lisle, Illinois

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of 1014 Burlington Avenue, a 14-unit apartment property located in Lisle, Illinois,...
Woodrow Apartments

Record sale of multihousing community in North Dakota closes for $19 million

JLL Capital Markets announced that it has closed the $19 million sale of Woodrow Apartments, a 97-unit apartment complex located in Fargo, North Dakota. JLL marketed the property on behalf of local Fargo-based seller, Kilbourne...
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