Eastham Capital Provides Equity for 308-Unit Residential Community in Lansing, Michigan
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 Chicago-based Bender Companies, a multifamily owner-operator, in...
CP Capital US Announces Sale of ‘The Monarch’ in Des Plaines, Illinois
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced the sale of The Monarch: a 236-unit, four-story, wrap-style multifamily community in the Chicago suburb of Des Plaines, Illinois. The project,...
McShane Construction Company Completes Construction of Hackney House Apartment Complex in Oconomowoc, Wisconsin
McShane Construction Company is pleased to announce the completion of Hackney House Apartments, a 302-unit multifamily development located in Oconomowoc, Wisconsin. The project, which features 20 garden-style and townhome buildings, was built for repeat client...
$68.96m in Capital Secured for a Minnesota Multi-Housing Development Community
JLL Capital Markets announced that it has arranged joint venture equity and construction financing, totaling $68.96 million, for Golden Triangle Station, a mid-rise multi-housing development located in the Golden Triangle neighborhood of Eden Prairie,...
JLL Closes Sale of a Core Twin Cities Multihousing Community
JLL Capital Markets announced today that it has closed the $74.7 million sale of and the financing for Millennium Edina, a rare, 227-unit, mid-rise multi-housing community located within suburban Minneapolis in Edina, Minnesota. JLL Capital...
Complaint: not renting to people with past evictions is illegal
HOPE Fair Housing Center argues in a new federal complaint that an Illinois landlord’s blanket refusal to rent to people with eviction records amounts to illegal sex and race discrimination. A taxpayer-funded fair housing nonprofit...
$47 million financing arranged for newly built St. Louis apartment building
JLL Capital Markets announced that it has arranged a $47 million loan to refinance Marlowe, a newly built, 205-unit, Class A multihousing community located in the Central West End neighborhood of St. Louis, Missouri. JLL...
$34.625 million refinancing arranged for West St. Paul multihousing community
JLL Capital Markets announced that it has arranged the $34.62 million refinancing of Savor Apartments, a 200-unit, mid-rise, market-rate multihousing community located in West St. Paul, Minnesota. JLL worked on behalf of the borrower, Roers...
MassHousing closes on $13.3 million in affordable housing financing for the acquisition and renovation...
MassHousing has closed on $13.3 million in affordable housing financing to Van der Heyden Apartments Limited Partnership for the acquisition, renovation and extension of affordability at the 45-unit Van der Heyden Apartments in Springfield....
Kiser Group closes a $4 million portfolio in Chicago Lawn
Kiser Group's brokers, John George and Joe Bianchi, have successfully facilitated the sale of a $4M portfolio in the Chicago Lawn neighborhood. The portfolio consists of four adjacent buildings, offering immediate economies of scale...
Interra Realty brokers $1.84 million sale of multifamily building in Chicago’s West Suburbs
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.84 million sale of a 15-unit multifamily property in Forest Park, Ill., located about 10 miles west of Chicago. The...
Evergreen Real Estate Group adds Vice President of Public Partnerships
Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, including communities for seniors and families, announced Jewell Walton has joined the company in the...
The Mogharebi Group secures sale of 180-unit apartment community in Ralston, NE.
The Mogharebi Group (TMG) has advised a Colorado-based private investment group on its sale of Fireside Village, a 180-unit multifamily community in Omaha, Nebraska to ARTISAN Capital Group. The multifamily transaction, one of the largest...
Newmark arranges sale of student housing asset serving Washington University in St. Louis, Missouri
Newmark announces it has completed the sale Everly on the Loop, a 209-unit, 428-bed student housing asset serving Washington University in St. Louis, Missouri. Newmark Vice Chairman and Head of Newmark’s Student Housing group Ryan Lang, Managing...
Interra Realty brokers $7.54 million multifamily portfolio sale on Chicago’s South Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a two-building, 79-unit multifamily portfolio in Chicago. The properties, located in the South Shore neighborhood, sold for $7.54...