Marcus & Millichap arranges sale of apartment building in Chicago’s Wicker Park
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of an apartment property located in Chicago’s Wicker Park neighborhood, according...
SCOTUS grants major victory for property rights
The U.S. Supreme Court announced that two property owners in Montana will have their day in court to prove that the U.S. Forest Service illegally encroached on their land. It reversed lower courts that...
Secretary Carson kicks off Envision Center demonstration
U.S. Housing and Urban Development (HUD) Secretary Ben Carson traveled to his hometown of Detroit today to announce the first round of ‘EnVision Center’ designations in 17 communities around the nation. One of Secretary...
Interra Realty arranges $5.78 million sale of luxury apartment building in Chicago’s Lincoln Park...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.78 million sale of 1513-17 W. Diversey Parkway, a 12-unit luxury apartment building in Chicago’s Lincoln Park neighborhood. The price...
Signature Place homes in burgeoning Des Moines sells
JLL Capital Markets announced it closed the sale of the Signature Place, a 261-home, garden-style apartment community in West Des Moines, Iowa. The sale involved the assumption of the existing Fannie Mae debt that...
Interra Brokers Sale of Trio of Buildings on Grand Avenue in the Chicago Suburb...
Interra Realty brokered the sale of three multifamily properties all near each other on Grand Avenue in River Grove, Illinois, a near western suburb of Chicago, to two separate ownership groups.
A two-property, 12-unit portfolio...
BWE Secures $19.75M in Acquisition Financing for Clinton Township Apartment Portfolio
BWE, a national commercial and multifamily mortgage banking company, announced it has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment portfolio in Clinton Township, Michigan, part of the Detroit metropolitan area.
Adam Gould,...
Interra Realty brokers sale of mixed-use building in Chicago for $6.1 million
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s Logan Square neighborhood. The transaction equated to $381,562 per unit—one...
JLL Arranged the Sale of and the Acquisition Financing for the 258-unit Cosmopolitan Apartments...
JLL announced that it has closed the sale of and the acquisition financing for The Cosmopolitan Apartments, an eight-story, 258-unit, distinguished multi-housing community located in the historic Lowertown neighborhood of St. Paul, Minnesota.
JLL worked...
Bender Companies Expands Illinois Footprint with Acquisition of Haven Woodridge, to be Renamed Edgewood...
Bender Companies, a vertically integrated multifamily investment firm, announced its acquisition of Haven Woodridge, located at 8109 IL-53, Woodridge, Illinois.
“We’re excited to get to work,” said Kurt Bender, the firm’s Founder and Principal, “Haven...
Interra Realty Brokers $17.5 Million Sale of Apartment Building in Chicago’s Lakeview Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17.5 million sale of a 60-unit multifamily building in Chicago’s Lakeview East neighborhood. The transaction equated to $291,667 per unit.
Interra...
Kiser Group brokers two South Side properties totaling $5.3 million
Kiser Group's Noah Birk and Aaron Sklar recently brokered the highest price-per-unit in Auburn Gresham at $93,265 per unit. Located at 8301 S. Paulina, JVB Holdings Chicago LLC purchased the 26-unit multifamily property for...
St. Louis Mixed-Use Development Adds 270 Units in City Foundry’s Second Phase
St. Louis-based architect and designer Lawrence Group and its affiliate developer, New + Found, have broken ground at Vande East at City Foundry, the second phase and first residential section of its City Foundry...
Interra Realty brokers sale that achieves highest price per unit in a decade in...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 4740-48 S. Greenwood Ave., a four-story, 31-unit rental community in Chicago’s Kenwood neighborhood. The asset sold for...
The Habitat Company, Chicago Housing Authority, Cinespace and Sinai Health System to invest $200M...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, today announced it received approval from the city’s Planning Commission to move forward with plans for a $200 million 10-acre mixed-use project...