Interra Realty Brokers $3.75M Sale of 34-Unit Apartment Building on Christiana Avenue in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the $3.75 million sale of 4901 N. Christiana Avenue, a 34-unit apartment building in Chicago's Albany Park neighborhood.
Interra Managing Partner Patrick...
CBRE Arranges $28.5M Construction Loan for Multifamily Project Mi-Place at Media in Media Pennsylvania
CBRE’s Debt & Structured Finance team has arranged $28.5 million in construction financing for the development of Mi-Place at Media in Media, Pennsylvania. Matthew Klauer and Cassandra Russell of CBRE arranged the financing on...
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...
Merchants Capital Secures $25.5M for Twin Cities-based Affordable and Supportive Housing Development Prairie Pointe
Leading financial services provider Merchants Capital announced $25.5 million in debt and equity financing for the construction of Prairie Pointe, a 42-unit affordable and supportive housing development in Shakopee, Minnesota.
Merchants Capital provided $14.1 million...
McShane to Build 248-unit Apartment Complex The Apiary Near Milwaukee
McShane Construction Company was selected by Land by Label to build The Apiary, a two-building, 248-unit apartment development in West Allis, Wisconsin.
“We’re thrilled to partner with Land by Label on The Apiary, a fantastic...
City of Chicago Council Approves $66M in TIF Funding for LaSalle Street Reimagined Initiative...
The Chicago City Council has approved $66 million in tax increment financing for two vacant downtown office buildings to be redeveloped into apartments as part of the city’s LaSalle Street Reimagined initiative.
To complement the...
Emotional support animal vs person with allergies: Who wins?
The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling.
Origins of the conflict
Karen Cohen has a severe allergy to pet dander. Because of this,...
Up Campus Living Announces New Student Housing Complex Blume on 16th for Ohio State...
Up Campus Living, a leading development and property management company specializing in student housing and near-campus real estate, is proud to announce plans for its 27th development: Blume on 16th.
Blume on 16th will accommodate...
PPR Capital Management Announces Multifamily Acquisition of 232-Unit The Villas at Foxwood in Milwaukee...
PPR Capital Management (PPR), a private equity real estate investment firm, announced the acquisition of The Villas at Foxwood, a 232-unit townhome-style multifamily community located in Brown Deer, Wisconsin, approximately 15 minutes northwest of...
JLL Arranges Sale of Cobbler Square in Chicago to JDL Development and Centaur Capital...
JLL Capital Markets announced that it has secured the $88.25 million sale of Cobbler Square, a historic 292-unit apartment community located in Chicago's highly sought-after Old Town neighborhood.
JLL represented the seller. The buyers were...
Landmark Properties Buys 1.56 Acre Site Near UConn Storrs Campus for Mark Mansfield Student...
Landmark Properties has closed on the acquisition of a site next to UConn’s Storrs campus where it plans to build a 738-bed student housing property. Landmark Properties says it will begin construction on the...
Straits Row Apartments Begins Leasing in Chicago’s South Loop Printers Row Neighborhood
Q Investment Partners (QIP), a Singapore-headquartered private equity real estate firm specializing in the multifamily sector, along with project partner Melrose Ascension Capital, a private equity real estate development and investment firm based in...
Oxford Living US of Oxford Capital Group Announces Acquisition of Eleven Seniors Housing Properties...
Oxford Capital Group, LLC ("Oxford Capital") announced its acquisition of the Carefree Portfolio, eleven seniors housing properties totaling 489 units in the Minneapolis area and northern Minnesota. An affiliate of Oxford acquired the properties...
CA Ventures begins construction on RISE on Chauncey near Purdue University
CA Student Living, the student housing investment and development division of Chicago-based CA Ventures, today announced construction is underway at RISE on Chauncey, a 16-story, 675-bed development at 100 S. Chauncey Ave. in West...
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...