Midwest-North region

Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on new development. So I was very interested to see he’s coauthored...

The Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, announces seventy-five percent of its 248 Class A luxury apartments have been leased. “Since welcoming initial residents...

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, together with Cabrera Capital Partners today announced the approval of a $27 million capital loan from the Chicago Housing Authority (CHA) for the first...

Lendlease, a leading integrated real estate group, announced the stabilization of the apartments at The Reed at Southbank, the firm’s 41-story residential tower at 234 W. Polk Street in Chicago’s South Loop neighborhood. The Reed...

JLL Capital Markets announced that it has arranged a $31 million construction loan in the form of a participating mortgage for the development of 1529 N Fremont Street, a 132-unit, fully entitled multifamily development in...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of three apartment buildings in Chicago. The properties, comprising 36 units in total, were sold in three separate transactions...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a five-building, 30-unit multifamily portfolio in Mount Prospect, Illinois, a suburb of Chicago. The 6-flat properties in the...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Sun Valley Apartments, a 204-unit apartment complex in Fitchburg, Wisconsin. “Fitchburg is...

Northmarq’s Chicago Debt + Equity team led by Kevin McCarthy, Jeff Frankel and Alex Czachor collaborated with Jason Kinnison of the Omaha office to successfully finalize the refinancing of Brickline at The Mercantile, a...

CEDARst Companies, a Chicago-based developer and its joint venture partner, Origin Investments, a leading multifamily fund manager, and have refinanced The Rosie multifamily community with a $39,150,000 loan from Bridge Debt Strategies. JLL arranged...

Vermilion Development, in concert with Quartz Lake Capital, announce the closing on debt and equity financing for a $95 million multifamily development, 1617 Sherman Avenue. JLL Capital Markets secured $33.3 million in joint venture equity...

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Sycamore Village Apartments, an affordable housing community in southeast Kansas, near the Missouri border. CPP is partnering...

JRK Property Holdings (“JRK”) has acquired Brook on Janes Apartments, a 288-unit Class-A multifamily community in the Chicago suburb of Bolingbrook, Illinois. Brook on Janes was acquired by JRK out of its JRK Platform 5...

Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, has announced the acquisition of a 75% ownership interest in...

According to data from RealPage Analytics, apartment fundamentals stabilized in July. Rent growth and occupancy remained relatively steady during the month. National occupancy was 94.2 percent for the third straight month, which...