JVM Realty Corp. acquires The Bevy Luxury Apartment Community near Milwaukee
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired The Bevy, a 175-unit luxury apartment community in the Milwaukee suburb of Brown Deer. “We are...
Marcus & Millichap completes multifamily portfolio sale outside of Omaha
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northridge and Flatwater, a 192 unit, two-property multifamily portfolio outside of...
$17.4 million sale of multihousing community in Milwaukee
JLL Capital Markets announced that it has closed the $17.4 million sale of Freshwater Apartments, a 76-unit, mixed-use apartment building in the Harbor District on the eastern edge of Walker’s Point in downtown Milwaukee. JLL...
JLL’s Valuation Advisory group expands multihousing practice with addition of Nik Bex
JLL’s Valuation Advisory group announced that it has hired Nik Bex, MAI, as Executive Vice President in its Chicago office. Bex will focus on driving growth and building the multi-housing platform in Chicago and...
Greenstone Partners brokers sale of mixed-use Lincoln Park property for $6.7 million
Commercial real estate brokerage firm Greenstone Partners announces the sale of a $6.7 million timber loft office building in Chicago’s Lincoln Park neighborhood. Greenstone Partners’ Managing Partners Danny Spitz and Jason St. John represented...
Interra Realty negotiates $1.9 million sale of multifamily property in Chicago’s Park Manor Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $1.9 million sale of 7027-33 S. Indiana Ave., a 26-unit multifamily property in Chicago’s Park Manor neighborhood. The price per...
High Street Residential announces 152-unit multifamily community near St. Louis
High Street Residential, the residential subsidiary of Trammell Crow Company, announced plans for the firm’s first multifamily project in the Greater St. Louis area. Located at 416 N. Kirkwood Road in Kirkwood, MO, The...
Interra Realty brokers $6.725 million sale of multifamily property in Chicago’s Budlong Woods Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 2713-2737 W. Berwyn Ave., a pair of adjacent courtyard buildings totaling 42 units in the Budlong Woods neighborhood...
Interra Realty brokers $28 million multifamily sale on Chicago’s North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $28 million off-market sale of 944-54 W. Grace St., an 80-unit rental community in Chicago’s Lakeview neighborhood, about a block...
Marcus & Millichap brokers $9.8 million sale of 61-unit multifamily property in Chicago’s Hyde...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $9.8 million sale of 5120 S. Harper Ave., a 61-unit...
Sale of student housing community near University of Illinois closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Illini Tower, a student housing community located near University of Illinois Urbana-Champaign. The JLL Capital Markets Investment Sales team...
Mesa West Capital originates $85 million in first mortgage debt to finance the acquisition...
Mesa West Capital has provided Minneapolis-based multifamily investment firm Bader Diamond Funds (BDF) with $85 million in first mortgage debt for the acquisition of Hampshire Hill, a 534-unit community in the Minneapolis suburb of...
Stella Pappas joins TruAmerica Multifamily as Senior Managing Director and Head of Investor Relations
Stella Pappas has joined TruAmerica Multifamily as Senior Managing Director and Head of Investor Relations, announced Noah Hochman, Co-Chief Investment Officer and Head of Capital Markets Pappas, with nearly two decades of real estate investment...
Unintended consequences of rent control
A study by the USC Marshall School of Business finds that the recent rent control initiative approved by voters in St. Paul Minn. negatively impacted property values for both renter- and for owner-occupied properties....
Interra Realty brokers $4.7 million sale of 30-unit multifamily property in Chicago’s Buena Park
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.7 million sale of 755 W. Buena Ave., a 30-unit rental community in the Buena Park section of Chicago’s Uptown neighborhood....
