Lakeview Apartments in Kalamazoo sold for $19.65 million
JLL Capital Markets announced that it has closed the $19.65 million sale of the Lakeview Apartments in Kalamazoo, Michigan. JLL worked on behalf of the seller, Property Resource Associates, to complete the sale to Bender...
MLG Capital invests in San Antonio market with purchase of Class A Pecos...
MLG Capital announced its acquisition of the Pecos Flats apartment community, located in the Westover Hills area of San Antonio at 1210 Hunt Ln. The Class A, 384-unit multi-family apartment complex is MLG’s first property...
Victory: Court sets aside the CDC’s ban on evictions
A federal judge ruled that the Centers for Disease Control and Prevention overstepped its authority in issuing a nationwide eviction ban. The ruling is a victory for a group of Ohio landlords and the...
Marcus & Millichap arranges the sale of Minns Apartments in Machesney Park, Illinois
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Minns Apartments, a 36-unit apartment property located in Machesney Park, IL,...
Independence Towers in the greater Kansas City area purchased
JLL Capital Markets announced that it completed the $6.95 million sale of the Independence Towers, a 123-home, mid-rise apartment community located in Independence, Missouri, which is part of the greater Kansas City metropolitan area. JLL...
Student housing dormitory near University of Kansas sells
JLL Capital Markets announced that it handled the sale of Naismith Hall, a student housing dorm-style community totaling 504 beds, located on campus at the University of Kansas in Lawrence, Kansas. JLL represented the seller,...
Signature Place homes in burgeoning Des Moines sells
JLL Capital Markets announced it closed the sale of the Signature Place, a 261-home, garden-style apartment community in West Des Moines, Iowa. The sale involved the assumption of the existing Fannie Mae debt that...
Interra Realty brokers $4.55 million sale of Suburban Chicago apartment community
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.55 million sale of Warwick Apartments, a 32-unit rental community at 312-316 N. Warwick Ave. in Westmont, Ill., a western...
Interra Realty Promotes Max Grossman to Director
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it has promoted Max Grossman from associate broker to director. Grossman has brokered or assisted with more than $125 million in middle-market multifamily...
Debt expert joins JLL’s Chicago Capital Markets group
JLL Capital Markets announced that Philip Galligan has joined the firm as a Director in its Chicago office. Galligan will focus on debt and equity placement transactions across the Midwest and nationally. Galligan has more...
Berkadia arranges sale and financing of 128-unit apartment community in St. Louis, Missouri
Berkadia announces it has arranged the sale and financing of Turtle Creek, a 128-unit Class A multifamily asset in St. Louis, Missouri. Managing Director Ken Aston and Senior Director Andrea Kendrick of Berkadia’s St....
38-unit Regency Hill Apartments in Woodbury fetches $230,000 per unit
JLL Capital Markets announced it handled the $8.725 million sale of the 38-unit Regency Hill Apartments located in Woodbury, Minnesota, part of the Minneapolis-Saint Paul metropolitan area. JLL represented the seller, Bigos and Williams-Regency Hill,...
Interra Realty brokers $9.5 million sale of mixed-use portfolio in Chicago’s Lincoln Square neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.5 million sale of 4621-25 N. Lincoln Ave., a 29-unit mixed-use building with 25 apartments and four ground-floor retail spaces,...
Interra Realty brokers $5.2 million sale of vintage rental building in Evanston, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced the $5.2 million sale of 908 Main St., a 27-unit vintage apartment building in Evanston, Ill., a north suburb of Chicago. The price...
55+ housing community near Minneapolis sold for $18.75 million
JLL Capital Markets announced that it handled the $18.75 million sale of The Estates at Arbor Oaks, an Active Adult 55+ Community near Minneapolis, Minnesota. JLL worked on behalf of the seller, Estates of Arbor...