Sunday, November 24, 2024

Midwest-North region

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

SCOTUS grants major victory for property rights

The U.S. Supreme Court announced that two property owners in Montana will have their day in court to prove that the U.S. Forest Service illegally encroached on their land. It reversed lower courts that...
4401-11 N Hamilton

Interra Realty brokers $5.8 million sale of mixed-use apartment building in Chicago’s Ravenswood Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 27-unit multifamily property in Chicago’s Ravenswood neighborhood. The building sold for $5.846 million, equating to $216,518 per...
The Grove

Thompson Thrift sells The Grove Apartment Community in Grand Rapids

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids. A private real estate investment firm purchased the community for...
Oaks of Shorewood

Sale of age-restricted community in Milwaukee closes

JLL Capital Markets announced that it has closed the sale of and acquisition financing for the Oaks of Shorewood, a 101-unit luxury, age-restricted (55+) multihousing community in Shorewood, Wisconsin. Weidner Apartment Homes acquired the property....
3825 N Pine Grove

Kiser Group sells a 94-unit multifamily property in Lakeview

Kiser Group directors Andy Friedman and Jake Parker brokered a condominium deconversion sale at 3825 N Pine Grove, located in the Lakeview neighborhood of Chicago. The 3825 N Pine Grove Condominium Association received $18,300,000 in this...
The Residences at Galleria

Newly constructed multihousing community in suburban Kansas City secures $59.75 million in refinancing

JLL Capital Markets announced that it has closed the $59.75 million construction takeout refinancing for The Residences at Galleria, a newly constructed, Class-A, 322-unit, luxury apartment community in the Kansas City suburb of Overland...
4070 N. Kenmore

Interra Realty brokers $5.2 million sale of vintage apartment building in Chicago’s Buena Park Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 42-unit multifamily property in Chicago’s Uptown neighborhood. The building sold for $5.2 million, equating to $123,809 per...
Courthouse Square

JVM Realty Corp. acquires luxury apartment community in Chicago’s Western Suburbs

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class A apartment community 25 miles west of Chicago in the...
Belmont Place Senior Apartments

PEF Advisors acquires affordable apartment community for Seniors in Chicago

Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...
851 W. Grand Ave

Interra Realty brokers $11 million sale of TOD in Chicago’s Fulton River District

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 36-unit transit-oriented multifamily property in the Fulton River District of Chicago's West Loop neighborhood. The building sold...
Everett Avenue Portfolio

Interra Realty brokers sale of 130-unit Chicago multifamily portfolio

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 130-unit mixed-use multifamily portfolio in Chicago’s Hyde Park neighborhood. Comprising three buildings, the portfolio sold for an...
reVerb Oak Lawn

Interra Realty brokers $13 million sale of 84-unit property in suburban Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of an 84-unit multifamily portfolio in Oak Lawn, Ill., a suburb of Chicago. The properties, branded as reVerb Oak...
The Residences at Park Place

JRK Property Holdings initiates its newly closed $1 billion Platform V multifamily fund with...

JRK Property Holdings has acquired Residences at Park Place, a 258-unit luxury mid-rise apartment and townhome community in the preeminent Kansas City suburb of Leawood, Kansas, from VanTrust Real Estate. JRK is also under...
Four Corners

University of Cincinnati student housing development secures joint venture equity

JLL Capital Markets announced that it has secured joint venture equity for the development of Four Corners, a 404-bed / 136-unit student housing development adjacent to the University of Cincinnati. JLL represented premier national developer,...
Bakers Place

$73.8 million in construction financing secured for Bakers Place in Madison

JLL Capital Markets announced that it has arranged the $73.83 million construction financing for Bakers Place, a 206-unit, mass timber, luxury apartment project in Madison, Wisconsin. JLL worked on behalf of the borrower, a partnership...
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