Friday, March 29, 2024

Midwest-North region

Midwest-North region includes: Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.

3432-40 W. Franklin Boulevard

Kiser Group closes the $3.7 million sale of multifamily property in South Humboldt Park

Kiser Group has closed the $3.7 million sale of 3432-40 W. Franklin Boulevard. This 46-unit multifamily property is located on Chicago’s West Side in the South Humboldt Park neighborhood. Advisors Jack Petrando, Danny Logarakis and...
East Village Apartments

HP Ventures Group-Development Services LLC acquires East Village Apartments in Downers Grove for $7.1...

HP Ventures Group-Development Services LLC (“HP”) has acquired East Village Apartments in Downers Grove, Illinois for $7.1 million. Kiser Group’s Ron Plonis represented both the seller, Forth Group Real Estate, and buyer in the...
Lakeview Apartments

Lakeview Apartments in Kalamazoo sold for $19.65 million

JLL Capital Markets announced that it has closed the $19.65 million sale of the Lakeview Apartments in Kalamazoo, Michigan. JLL worked on behalf of the seller, Property Resource Associates, to complete the sale to Bender...
Peco Flats

MLG Capital invests in San Antonio market with purchase of Class A Pecos...

MLG Capital announced its acquisition of the Pecos Flats apartment community, located in the Westover Hills area of San Antonio at 1210 Hunt Ln. The Class A, 384-unit multi-family apartment complex is MLG’s first property...

Victory: Court sets aside the CDC’s ban on evictions​​​​

A federal judge ruled that the Centers for Disease Control and Prevention overstepped its authority in issuing a nationwide eviction ban. The ruling is a victory for a group of Ohio landlords and the...
Minns Apartments

Marcus & Millichap arranges the sale of Minns Apartments in Machesney Park, Illinois

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Minns Apartments, a 36-unit apartment property located in Machesney Park, IL,...
Independence Towers

Independence Towers in the greater Kansas City area purchased

JLL Capital Markets announced that it completed the $6.95 million sale of the Independence Towers, a 123-home, mid-rise apartment community located in Independence, Missouri, which is part of the greater Kansas City metropolitan area. JLL...
Naismith Hall

Student housing dormitory near University of Kansas sells

JLL Capital Markets announced that it handled the sale of Naismith Hall, a student housing dorm-style community totaling 504 beds, located on campus at the University of Kansas in Lawrence, Kansas. JLL represented the seller,...
Signature Place

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...
Warwick Apartments

Interra Realty brokers $4.55 million sale of Suburban Chicago apartment community

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.55 million sale of Warwick Apartments, a 32-unit rental community at 312-316 N. Warwick Ave. in Westmont, Ill., a western...
Max Grossman

Interra Realty Promotes Max Grossman to Director

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it has promoted Max Grossman from associate broker to director. Grossman has brokered or assisted with more than $125 million in middle-market multifamily...
Philip Galligan

Debt expert joins JLL’s Chicago Capital Markets group

JLL Capital Markets announced that Philip Galligan has joined the firm as a Director in its Chicago office. Galligan will focus on debt and equity placement transactions across the Midwest and nationally. Galligan has more...
Turtle Creek

Berkadia arranges sale and financing of 128-unit apartment community in St. Louis, Missouri

Berkadia announces it has arranged the sale and financing of Turtle Creek, a 128-unit Class A multifamily asset in St. Louis, Missouri. Managing Director Ken Aston and Senior Director Andrea Kendrick of Berkadia’s St....
Regency Hill Apartments

38-unit Regency Hill Apartments in Woodbury fetches $230,000 per unit

JLL Capital Markets announced it handled the $8.725 million sale of the 38-unit Regency Hill Apartments located in Woodbury, Minnesota, part of the Minneapolis-Saint Paul metropolitan area. JLL represented the seller, Bigos and Williams-Regency Hill,...
Lincoln Eastwood Portfolio

Interra Realty brokers $9.5 million sale of mixed-use portfolio in Chicago’s Lincoln Square neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.5 million sale of 4621-25 N. Lincoln Ave., a 29-unit mixed-use building with 25 apartments and four ground-floor retail spaces,...
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