Marcus & Millichap Closes Chicago-Area Light Road Apartments Asset Sale in Oswego
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois.
“The property...
Red Oak Capital Holdings Provides $4M for Indianapolis Multifamily Makeover at Bon Air Apartments
Red Oak Capital Holdings, LLC has provided a $4-million bridge loan for the Bon Air Apartments, a multifamily complex located in Indianapolis, Indiana. The funds will be used to pay off an existing loan...
Eastham Capital and Artisan Capital Group Partner to Acquire Des Moines’ Largest Multifamily Community...
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 Artisan Capital Group, a Des Moines based...
Interra Brokers Sale of Trio of Buildings on Grand Avenue in the Chicago Suburb...
Interra Realty brokered the sale of three multifamily properties all near each other on Grand Avenue in River Grove, Illinois, a near western suburb of Chicago, to two separate ownership groups.
A two-property, 12-unit portfolio...
CEDARst Refinances the 260-Unit Duncan Apartments Building in Chicago and Pays Off First Mortgage...
CEDARst Companies, a Chicago based developer, has refinanced the Duncan Apartments, located at 1515 W. Monroe Street, with a $44,000,000 CMBS loan from Citigroup, arranged by Berkadia.
The first mortgage loan for Duncan Apartment is...
JLL Arranged $60.14M in Financing for the Development of Avalon Apartments and Townhomes in...
JLL Capital Markets announced that it has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily and townhome development located in the preferred submarket of Inver Grove...
Monument Capital Management Disposes of Lexington Hills Apartment Community in Eagan Minnesota
Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announced the sale of Lexington Hills Apartments in Eagan, Minnesota. The sales price was not...
Marquette Companies Completes Adaptive Reuse of Historic Mary Thompson Hospital into The Thompson at...
Marquette Companies has announced the completion and grand opening of The Thompson at Fulton Market, a 210-unit mixed-use apartment building at 150 N. Ashland Avenue, on the site of the former Mary Thompson Hospital...
McShane Construction Company to Build 124-Unit Single-Story Redwood Crystal Lake Apartments Near Chicago
McShane Construction Company was selected by Redwood Living, Inc. to build Redwood Crystal Lake, a new neighborhood of 124 single-story apartments in Crystal Lake, Illinois, located just an hour north of Chicago.
“We’re excited to...
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...
Interra Realty Brokers $9.6M Sale of Vintage Apartment Property on Lincoln Avenue in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.6 million sale of a 28-unit multifamily property in Chicago’s Lincoln Park neighborhood on Lincoln Avenue. The deal equated to $342,857...
Subtext Breaks Ground on New Student Housing Development Near Purdue University
Subtext, a national real estate company, is thrilled to announce the launch of their second property at Purdue University, a testament to their commitment to providing exceptional housing solutions for the growing student population....
JLL Arranged the Refinancing for the World’s Tallest Mass-Timber and Concrete Hybrid Building, Ascent...
JLL Capital Markets announced that it has arranged the $98 million refinancing for Ascent MKE, a 25-story, 259-unit luxury apartment tower in Milwaukee, Wisconsin.
Built in 2022, Ascent MKE features one, two and three-bedroom units,...
Lynd Opens Decorated Models for Home at Ashcroft, a New Build-to-Rent Community with 178...
Lynd, a national real estate development and property management firm, announced the opening of its two decorated models for Home at Ashcroft, a new build-to-rent (BTR) planned community at 137 Dorset Avenue in Oswego,...
Environmental site assessment pro joins JLL’s new EPC team
JLL’s Valuation Advisory group announced that has hired professional engineer Benjamin Hestir to join its growing Environmental and Property Condition (EPC) team as a Project Management Director specializing in environmental site assessment.
In his new...
