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...
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...
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...
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...
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...
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...
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...
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...
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,...
$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...
Kiser Group closes Edgewater mixed-use building for $9.2 million
Kiser Group, Chicagoland’s leading mid-market multifamily brokerage, announces the closing of a 52-unit mixed-use property located in the Edgewater neighborhood of Chicago. Directors Andy Friedman and Jake Parker, along with Managing Broker Lee Kiser...
Interra Realty brokers $2.66 million sale of multifamily property on Chicago’s West Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 35-unit multifamily property in Chicago’s Austin neighborhood for $2.66 million. The property, 5550 W. North Ave., traded...
Interra Realty brokers $2 million sale of multifamily property in Melrose Park, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 29-unit multifamily property in Melrose Park, Ill. for $2 million. The property 1123 N. 33rd Ave., was a...
$99.5 million financing secured for Chicago trophy apartment tower acquisition
JLL Capital Markets announced that it has closed the $99.5 million financing of The Elle, a 496-unit, trophy, high-rise multihousing community in the South Loop submarket of Chicago, Illinois. JLL worked on behalf of the...
JVM Realty Corp. acquires luxury apartment community southwest of Chicago
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from...