Sale of Minneapolis apartment community closes
JLL Capital Markets announced that it has closed the sale of Dock Street Flats, a 185-unit, 2013-built, luxury apartment community with 2,852 square feet of retail located within the historic North Loop neighborhood in...
Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $10.5 million sale of 227 East Walton Place, a landmarked...
Interra Realty brokers $11 million sale of multifamily property on Chicago’s North Shore
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 37-unit multifamily property in Highwood, Ill. The newly built property, located at 546 Green Bay Road, traded...
Interra Realty brokers $10.3 million sale of Vintage Evanston, Ill. apartment building
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 43-unit multifamily property in Evanston, Ill. The vintage courtyard building, located at 612 Sheridan Road, traded for...
Marcus & Millichap arranges $11.4 million acquisition and renovation financing for Harbor Ridge Apartments...
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $11,390,000 in acquisition and renovation financing for Harbor Ridge Apartments, a 102,985-square-foot, 112-unit multifamily development located...
Interra Realty brokers $4.1 million deconversion sale of Arlington Heights multifamily property
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the deconversion sale of a 34-unit multifamily property in Arlington Heights, Ill. The property, 202-222 N. Salem Ave., traded for $4.1...
Historic Minneapolis multihousing community sells to national investor
JLL Capital Markets announced that it has closed the sale and arranged the acquisition financing of Gaar Scott Historic Lofts, located in the North Loop neighborhood of Minneapolis, Minnesota. JLL represented the seller, Gaar Scott...
Avanti Residential acquires 341-unit Artistry Apartments in Kansas City
Nationwide multifamily investor and operator Avanti Residential has acquired Artistry Apartments, a 341-unit Class-A apartment community in Kansas City, Missouri, for $94 million. The purchase marks Avanti’s seventh investment in the Kansas City metropolitan...
Interra Realty brokers $9.2 million sale of mixed-use multifamily property in Chicago’s Rogers Park...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.2 million sale of Elevation Lofts, a 40-unit apartment and retail building at 1531 W. Howard St. in Chicago. The...
Acquisition financing arranged for new Joint Venture on Kansas City multihousing community
JLL Capital Markets announced that it has arranged term acquisition financing for Walnut Tower, a 180-unit, high-rise multihousing community located in downtown Kansas City, Missouri. JLL represented the borrower, a joint venture between Peakview Investments...
Monument Capital Management acquires its eighth multifamily community in the Minneapolis area
Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announces it has acquired Talus, a 192-unit multifamily community in Plymouth, MN, just west of...
Standard Communities leads public-private partnership acquiring 148 unit mixed income community in Chicago
Standard Communities, a major national affordable housing developer and investor, led a public-private partnership that acquired Lake Park Crescent Apartments, a 148-unit mixed income community in Chicago. The total capitalization of the transaction is approximately...
Value-add multihousing community in Wisconsin sells for $40.8 million
JLL Capital Markets announced that it has closed the $40.8 million sale and arranged the $29.81 million acquisition financing for Stonewood Village, a 272-home, value-add, garden-style multihousing community in Madison, Wisconsin. JLL represented the seller, Stonewood...
Sale of multihousing community in North Milwaukee suburb closes
JLL Capital Markets announced that it has closed the sale of Bevy Apartments, a brand-new, 175-home apartment and townhome community in the fast-growing North Milwaukee suburb of Brown Deer. JLL worked on behalf of the...
Interra Realty brokers $2.23 million sale of two-building multifamily portfolio in Chicago’s Pilsen Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $2.23 million sale of a two-building multifamily portfolio in Chicago’s Pilsen neighborhood. The properties, which were acquired by separate buyers,...