Oklahoma City multihousing portfolio totaling 512 units sold
JLL Capital Markets announced it closed the sale of a three-property portfolio totaling 512 units located throughout the Oklahoma City area in Oklahoma. JLL represented the seller, Security Properties, to complete the sale to the...
Townhomes in Cottage Grove, MN purchased
JLL Capital Markets announced it closed the sale and arranged new agency financing for the Cottages of Cottage Grove, a 59-unit multihousing community located in Cottage Grove, Minnesota. JLL represented the seller, SWS Properties, LLC,...
Interra Realty brokers $5.4 million sale of 12-unit apartment building in heart of Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.4 million sale of 915 W. Addison St., a 12-unit rental community located steps from Wrigley Field in Chicago’s Wrigleyville...
Evergreen Real Estate Group acquires affordable housing community in Downtown Cleveland, plans $18 million...
Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, today announced it has acquired Carter Manor Apartments in downtown Cleveland. Evergreen plans...
Lake Jonathan Flats in growing Minnesota submarket purchased for $30 million
JLL Capital Markets announced it has closed the $30 million sale for Lake Jonathan Flats, a multihousing property totaling 117 units and located in Chaska, Minnesota, about 25 minutes southwest of Minneapolis. JLL worked on...
MidHudson provides $24.5 million in preferred equity for trophy 322-unit Couture tower in Milwaukee
MidHudson LLC has invested $24.5 million in preferred equity for the development of The Couture, a $191 million, 44-story, 322-unit apartment tower that connects the Milwaukee lakefront with downtown through public plazas and pedestrian...
Mike Watts joins CBRE to lead investor leasing in Americas
CBRE announced that Mike Watts, a veteran of more than 25 years in commercial real estate, has joined the company as President, Investor Leasing in the Americas. Watts, based in Chicago, will start at CBRE...
Affordable housing community in Chicago suburb sold for $93.5 million
JLL Capital Markets announced it has closed the $93.5 million sale and arranged a $60.825 million acquisition financing for the Riverstone Apartments, an affordable housing community located in Bolingbrook, Illinois, a southwest Chicago suburb. JLL...
Interra Realty brokers $1.5 million sale of 18-unit rental community in Chicago’s Bronzeville neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.5 million sale of 4520 S. Vincennes Ave., an 18-unit apartment community in Chicago’s Bronzeville neighborhood. The price was $83,000...
Kiser Group advises on the $32.3 million sale of 115-unit condo deconversion in Lakeview
Kiser Group, Chicago's leading multifamily brokerage firm, has advised on the $32.3 million sale of The Barry Quad, a three-building, 115-unit condo deconversion in the Lakeview neighborhood of Chicago. Kiser Group Advisors Andrew Friedman...
Sale and acquisition financing of independent living community in Detroit suburbs completed
JLL Capital Markets announced that it closed the $17 million sale and arranged $25.35 million in acquisition and renovation financing for The Park at Trowbridge, a 298-unit, seniors housing community located in the northern...
Suburban Chicago corridor multifamily asset sale completed by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Aspen Ridge, a 253-unit multifamily asset in West Chicago, Illinois. “Many suburban...
TPG Real Estate Partners and Cardinal Group acquire The Arrow Townhomes and Flats, a...
TPG Real Estate Partners (“TREP”), the dedicated real estate equity investment platform of global alternative asset firm TPG, and Cardinal Group Investment Management (“Cardinal Group”), announced today that they have closed on their acquisition...
Kiser Group closes the $3.7 million sale of multifamily property in South Humboldt Park
Kiser Group has closed the $3.7 million sale of 3432-40 W. Franklin Boulevard. This 46-unit multifamily property is located on Chicago’s West Side in the South Humboldt Park neighborhood. Advisors Jack Petrando, Danny Logarakis and...
HP Ventures Group-Development Services LLC acquires East Village Apartments in Downers Grove for $7.1...
HP Ventures Group-Development Services LLC (“HP”) has acquired East Village Apartments in Downers Grove, Illinois for $7.1 million. Kiser Group’s Ron Plonis represented both the seller, Forth Group Real Estate, and buyer in the...