Interra Realty Brokers $2.7 Million Sale of 2 Multifamily Properties on Chicago’s Montclare Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties, each with nine units, in the Montclare neighborhood on the city’s Northwest Side. The properties...
Yardi Matrix special report reveals a tale of two markets
Yardi Matrix released an update to its most recent multifamily rent forecast. The special report reveals that when it comes to rent growth and supply, the multifamily sector is a tale of...
Construction on New Affordable Housing Community Union at Purple Heart Trail from The Annex...
The Annex Group®, a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities, announces plans to develop an affordable housing community known as Union at Purple Heart Trail...
Cambridge Realty Capital Provides Refinancing on The Pointe at Eastgate Assisted Living Facility Near...
Cambridge Realty Capital provided a $15.52 million HUD Lean loan to refinance The Pointe at Eastgate, an assisted living facility located in Algonquin, Illinois. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully-amortized, 35-year...
Inland Fully Subscribes Irish Row Student Housing DST in South Bend Near Notre Dame
Inland Private Capital Corporation (IPC) has completed a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust. The offering has been...
NAS Investment Solutions Completes Equity Raise in Des Moines Multifamily Property Broadway Apartments in...
NAS Investment Solutions (NASIS), a national sponsor of high-quality real estate investment properties, sold all available investment equity in the company's latest multifamily investment property, Broadway Apartments, in just sixty days from the date...
DMG Capital and Wayland Real Estate Capital Announce Acquisition of Avondale Apartments in Chicago
DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) partnered with Wayland Real Estate Capital to acquire Avondale Apartments located at 4179 W. Belmont. The building has been professionally managed by DMG...
Interra Realty Brokers $12.69M Sale of Mixed-Use Property on Clybourn Avenue in Chicago’s West...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $12.69 million sale of a newer-construction mixed-use property comprising 30 residential units and six commercial spaces at 2827-2847 N. Clybourn...
JLL Arranged the Sale for Oakmont Apartments Near Minneapolis Minnesota
JLL Capital Markets announced that it closed the sale of Oakmont Apartments, a 48-unit multi-housing community located in Coon Rapids, Minnesota. On behalf of Gaughan Companies, JLL facilitated the sale of Oakmont as part of...
Daniel Management Group Announces New Management of Aloft at the Glen Town Center
Daniel Management Group, a Chicago-based real estate firm focused on multifamily investment and management, announces new management of Aloft at the Glen Town Center in Glenview, Illinois. “Aloft at the Glen Town Center is an...
Wingspan Development Announces Sale of Sixteen30, a 284-Unit Luxury Rental Community in Chicago’s Southwest...
Wingspan Development Group, a national development firm, announced the sale of Sixteen30, a Class A apartment community of 284 units it developed in Plainfield, Illinois, about 40 miles southwest of Chicago. Menomonee Falls, Wis.-based...
The GSH Group Announces Sale of Foote Hills Property, Achieving Impressive Investor IRR of...
The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an...
MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village
MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan within the Detroit MSA. The communities...
JLL Arranged the Refinancing of the 444-unit Multifamily Community on Park Drive in Chicago
JLL Capital Markets announced that it has closed the $127 million refinancing of 465 N. Park Drive, a 444-unit, multifamily project located in the Streeterville neighborhood of downtown Chicago. JLL represented the borrower, a joint...
McShane Construction Company Selected to Build Affordable Housing Residence Canyons in Madison Wisconsin
McShane Construction Company was selected by repeat client Lincoln Avenue Communities to build Canyons, a 60-unit affordable housing residence in Madison, Wisconsin. “We’re excited to partner with Lincoln Avenue Communities on another project,” shared Alison...