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...
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....
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...
The Annex Group Unveils Plans for New Affordable Housing Community Union at the Marina...
The Annex Group®, a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities, announced plans for a new affordable housing community Union at the Marina consisting of 201 units in...
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...
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...
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...
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...
Iconic Riverfront Towers Apartments in Detroit Goes Delinquent
The more-than-$80 million Freddie Mac commercial mortgage-backed securities loan for the rental portion of the once-iconic Detroit property Riverfront Towers has gone 30 days delinquent. Image Capital is listed as the owner of the...
Groundbreaking Ceremony Held for New Senior Apartments and Community Center in Leyden Township
With shovels in hand, Leyden Township Supervisor Rocco D. Biscaglio and representatives of general contractor F.H. Paschen and developer Evergreen Real Estate Group marked the groundbreaking of a transformative new senior housing development and...
Waterton Closes on $16M Preferred Equity Investment in the Residences at Eastbank Development in...
Waterton, a national real estate investor and operator, announced a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit, mid-rise apartment building located at 100 N. Broadway...
JPMorgan Chase & Co. Arranges $31.5M of Debt Financing for the Acquisition of Webster...
JPMorgan Chase & Co. arranging $31.5 million of debt financing for the acquisition of Webster House Apartments, which included $7 million to finance an initial renovation. Jonathan Rose Cos. recently acquired the 14-story high-rise...
Habitat Secures $72.9M Freddie Mac Loan, $29.5M in New Equity to Refinance Columbus Plaza...
Chicago-based Habitat, a leading national multifamily real estate developer, operator and property manager, has successfully refinanced Columbus Plaza, a 47-story, 534-unit apartment high-rise in downtown Chicago. Habitat and its partners secured a new $72.9...
Evergreen Real Estate Group and LUCHA Complete 89-Unit Affordable Housing Development Encuentro Square in...
Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, announced the completion of Encuentro Square Apartments in Chicago’s Logan Square neighborhood.
Evergreen developed the property...
