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...
Record sale of multihousing community in North Dakota closes for $19 million
JLL Capital Markets announced that it has closed the $19 million sale of Woodrow Apartments, a 97-unit apartment complex located in Fargo, North Dakota.
JLL marketed the property on behalf of local Fargo-based seller, Kilbourne...
JLL Arranged $60.14M in Financing for the Development of Avalon Apartments and Townhomes in...
JLL Capital Markets announced that it has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily and townhome development located in the preferred submarket of Inver Grove...
The Apartments At Lincoln Common announce official move-ins
The Apartments at Lincoln Common, newly constructed at 2345 N. Lincoln Avenue, Chicago, will have its first residents move in on Monday, April 1, 2019. Located at the new crossroads of Lincoln Park at...
Interra Realty closes $3.15 million sale of apartment building in Forest Park, Ill.
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the $3.15 million sale of 500 Des Plaines Ave., a 39-unit apartment building in Forest Park, Ill., a western suburb of...
WPD Management hires Dan Nagle as Director of Business Development
WPD Management, a property management company operating throughout the south side of Chicago, has hired Dan Nagle as Director of Business Development. Nagle is the first person to hold this position at the company...
Interra Realty facilitates $2.3 million multifamily sale in Chicago’s South Shore Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $2.3 million sale of 6811 S. Paxton Ave., a 29-unit mid-rise apartment building in Chicago’s South Shore neighborhood. The price...
McShane Completes Construction on The Woodlands at Canterfield Senior Living Residence Near Chicago
McShane Construction is pleased to announce the completion of The Woodlands at Canterfield, a 131-unit senior living development in West Dundee, Illinois. Built for Westbrook at Canterfield, LLC, The Woodlands at Canterfield is comprised...
$34 million multihousing community in Rochester Minnesota sets record
JLL Capital Markets announced that it has closed the $34 million sale of Red44, a 159-unit multihousing community in Rochester, Minnesota.
JLL marketed the property on behalf of the seller, Roers Investments, Reuter Walton Development...
Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St., a mixed-use building in Chicago’s Lakeview neighborhood. The buyer, Chicago-based...
Evergreen Real Estate Group celebrates first move-ins at Northtown Apartments, bringing co-located affordable senior...
Evergreen Real Estate Group today announced the first residents have moved into Northtown Apartments, a 44-unit affordable senior housing community connected to and developed simultaneously with the new Northtown Public Library in Chicago’s West...
Contegra building off-campus housing to serve SIU-E
The newest off-campus student housing development to serve Southern Illinois University-Edwardsville (SIUE) is emerging from the ground. General contractor Contegra Construction Co. broke ground on the student housing project called The Reserve in November...
Interra Realty Brokers $4.625 Million Sale of Apartment Building on Bosworth Avenue in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.625 million sale of a 10-unit apartment building located at 1220 N. Bosworth Avenue in Chicago’s Wicker Park neighborhood. The...
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 $1.84 million sale of multifamily building in Chicago’s West Suburbs
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.84 million sale of a 15-unit multifamily property in Forest Park, Ill., located about 10 miles west of Chicago. The...
