Greenstone Partners Brings 50-unit Chicago Condo Deconversion Imperial Lofts to Market
Commercial real estate brokerage firm Greenstone Partners has listed Imperial Lofts, a 50-unit condominium property located at 1528 S. Wabash Avenue in Chicago’s South Loop neighborhood, for sale. The property features a range of...
Multifamily oversupply conditions are improving
Multifamily oversupply conditions are improving, but not out of the woods yet. The good news is that some relief is expected by 2025, but Sunbelt markets may take 12 to 18 months...
JRK Property Holdings Acquires Residential Assets in Minneapolis and San Francisco Through its JRK...
JRK Property Holdings has acquired two Class A multifamily communities in Minneapolis and San Francisco in separate transactions totaling nearly $100 million. JRK made the purchases through its JRK Platform 5 Fund.
JRK Platform 5...
Marcus & Millichap Arranges Sale of 24-Unit Multifamily Property Carmel Village Green in Indiana
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Carmel Village Green, a 24-unit apartment property located in Carmel, Indiana.
“Carmel...
RMK Management Corp. Named Property Manager for New Luxury Rental Community HQ Residences in...
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for HQ Residences in downtown Mount Prospect, Illinois, a new rental community in the Chicago suburb from...
Subtext, Harrison Street, and ESG Architecture & Design Announce Grand Opening of “VERVE Madison”...
Subtext, a national student housing and multifamily real estate company, and Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $55 billion in assets under management,...
Hines and Simon Break Ground on Ann Arbor Mixed-Use Development at Briarwood Mall
A joint venture between Hines and Simon Property Group (NYSE: SPG) has broken ground on a mixed-use development at Briarwood Mall, a regional mall in Ann Arbor.
The four-story luxury residential development at Briarwood Mall...
JRK Property Holdings Closes on Two Separate Multifamily Communities, Woodbury Park and 333 Fremont,...
JRK Property Holdings out of its JRK Platform 5 Fund has acquired in separate transactions two Class A multifamily communities in Minneapolis and San Francisco for nearly $100 million. The assests include Woodbury Park...
CBRE Arranges Sale of New Build to Rent Community The Trails in Northwest Omaha...
CBRE has arranged the sale of The Trails, an 85-unit build-to-rent (BTR) community in Elkhorn, Nebraska. Curtis Capital Group purchased the property for an undisclosed amount.
CBRE’s Ted Abramson, Mark Seger and Jeremy Fink represented...
U.S. Development Completes Construction of Frankford Grand in Philadelphia
U.S. Development is helping the last remaining undeveloped pocket of one of Philadelphia’s fastest-growing neighborhoods reach its full potential. The company completed construction of The Frankford Grand, a 107-unit project in the city’s Fishtown...
Interra Realty Appoints Alex Cohen as Associate
Interra Realty, a Chicago-based commercial real estate investment services firm specializing in multifamily, announced it has hired Alex Cohen as an associate.
“Alex’s keen eye for market trends and metrics, and deep knowledge about the...
Marcus & Millichap Arranges Sale of Southport Apartments an 87-Unit Property in Milwaukee
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Southport Apartments, an 87-unit apartment property located in Milwaukee, Wisconsin.
“As the...
Eastham Capital, Bender Companies Partner to Acquire 110-Unit Residential Community Brix on Morse in...
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 partnered with Bender Companies, a Chicago based multifamily owner-operator...
JLL Secures $20M in Bridge Financing for Vintage Apartment Community Hilliard Village in Columbus
JLL Capital Markets announced that it has secured a $20 million bridge financing for Hilliard Village, a 352-unit vintage, garden-style apartment community in Columbus, Ohio.
JLL worked on behalf of the borrowers, Machine Investment Group and...
Waterton Acquires 310-Unit Avant at the Arboretum Rental Community in Lisle Illinois
Waterton, a national real estate investor and operator, announced it will expand its Chicagoland presence with the acquisition of a 310-unit, mid-rise apartment, Avant at the Arboretum located at 450 Warrenville Road in Lisle,...
