$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...
Interra Realty brokers sale of mixed-use building in Chicago for $6.1 million
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s Logan Square neighborhood. The transaction equated to $381,562 per unit—one...
$3.65 million sale of historic multihousing community in Duluth, Minnesota closes
JLL Capital Markets announced that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multihousing community located in Duluth, Minnesota. High Point Holdings L.L.C. acquired the asset. Built in 1895,...
Interra Realty brokers $5.45 million sale of Lakeview apartment building in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.45 million sale of a 10-unit mixed-use apartment building in Chicago’s Lakeview neighborhood near Wrigley Field. The transaction equated to...
$8 million sale of multihousing community in Duluth, Minnesota closes
JLL Capital Markets announced that it has closed the $8 million sale of Highland Chateau, a 60-unit, 1972-built multihousing community located in the high-demand city of Duluth, Minnesota. The buyer, PLB Highland Chateau, LLC, was...
JLL Capital Markets welcomes Bill Baumann to its multihousing team
JLL Capital Markets announced that Bill Baumann has joined the firm’s multihousing team as a Managing Director in the Chicago office. He will report to Senior Managing Directors Danny Kaufman and Jaime Fink, who co-lead...
Second act
Playhouse Square Foundation is beginning work to convert half of the Bulkley Building in downtown Cleveland into market-rate apartments. Playhouse Square is converting four of the nine floors into 84 apartments, with a portion available...
