Indianapolis multihousing community refinanced for $26.872 million
JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana. JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...
MassHousing closes on $35.3 million in financing for the refinancing and major renovation of...
MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain. Urban Edge will utilize the...
Kiser Group promotes Andy Friedman to Director
Kiser Group, Chicago’s leading multifamily brokerage firm, announces the promotion of Andy Friedman to Director from Advisor. Since joining the firm in early 2018, Friedman has become Chicagoland’s leading condominium deconversion broker, and his transactions...
Becovic adds 61-unit property to its Rogers Park Portfolio
Becovic, a Chicago-based multifamily owner and operator, has added a 1920s era courtyard building to its Northside portfolio. The Juneway Gardens, located at 1548-1558 ½ W. Juneway Terrace in Chicago, sold for $7.25 million....
Affordable Housing Investment Brokerage advises on $2.5 million purchase of project-based, Section 8 Missouri...
Affordable Housing Investment Brokerage Inc. (AHIB) recently advised a national affordable housing developer in the purchase of a 60-unit multifamily building totaling $2.5 million in Kansas City, Missouri. Built in 1925, Mayfair Apartments, located at...
WPD Management hires Dan Nagle as Director of Business Development
WPD Management, a property management company operating throughout the south side of Chicago, has hired Dan Nagle as Director of Business Development. Nagle is the first person to hold this position at the company...
Interra Realty brokers $5.2 million sale of mixed-use building in Chicago’s Southport corridor
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $5.2 million sale of 3546 N. Southport Ave., a mixed-use property with 21 apartments and two commercial spaces in the...
Kiser Group advises on $1.22 million sale of 16-unit multifamily building in Rolling Meadows,...
Kiser Group, Chicagoland’s leading multifamily brokerage firm, announced the sale of 2341 Algonquin Road, a 16-unit multifamily building in Rolling Meadows, Illinois. The property sold for $1,225,000. Kiser Group Directors Matt Halper and Danny...
Kiser Group advises on $2.85 million Wrigleyville condo deconversion sale
Kiser Group, Chicagoland’s leading multifamily brokerage firm, advised the Magnolia Grace Condominiums Association through a Section 15 deconversion sale. Located at 3763 N. Magnolia Ave., the 12-unit condo deconversion in Chicago’s Wrigleyville neighborhood sold...
Interra Realty brokers $24.5 million sale of 100-unit rental community in South Elgin, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $24.5 million sale of Panton Mill Station, a new 100-unit luxury rental community at 355 N. La Fox St. in...
Cushman & Wakefield arranges sale on behalf of Saban Real Estate
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Forest Village and Woodlake, two student housing/conventional apartment community hybrids totaling 352 units or 704 beds located in...
Marcus & Millichap arranges the sale of a 96-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Brookview Apartments, a 96-unit apartment property located in Peoria, Illinois, according...
Twin Cities multihousing community trades for $30.25 million
JLL Capital Markets announced that it has closed the $30.25 million sale of Eagle Pointe, a 216-unit, garden-style multihousing community in the Twin Cities suburb of West Saint Paul. JLL sold the property on behalf...
Kiser Group announces promotion for North Side advisor Rick Ofman to Director
Kiser Group, Chicagoland’s leading multifamily brokerage firm, announces a new promotion. Rick Ofman has been promoted to Director after five years with the company. As Director, Rick will continue to specialize in the sale...
$34 million multihousing community in Rochester Minnesota sets record
JLL Capital Markets announced that it has closed the $34 million sale of Red44, a 159-unit multihousing community in Rochester, Minnesota. JLL marketed the property on behalf of the seller, Roers Investments, Reuter Walton Development...
