Wednesday, February 26, 2025

Midwest-North region

Midwest-North region includes: Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.

The Couture

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

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...
Riverstone Apartments

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...
4520 S. Vincennes Avenue

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...
The Barry Quad

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...
Park at Trowbridge

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...
Aspen Ridge

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...
The Arrow Townhomes and Flats

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...
3432-40 W. Franklin Boulevard

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...
East Village Apartments

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...
Lakeview Apartments

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...
Peco Flats

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...
Minns Apartments

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

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...
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