Draper and Kramer announces new board member Nick Pavelich
Draper and Kramer, Incorporated, a privately held real estate services firm, is pleased to announce Nick Pavelich has rejoined its board of directors. Pavelich, who is managing director at Andersen for the Greater Seattle...
Kiser Group brokers record-breaking $18.4 million South Shore apartment portfolio
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in...
Interra Realty brokers $3.5 million multifamily sale in Chicago’s Rogers Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 7070 N. Sheridan Road, a 24-unit rental community in Chicago’s Rogers Park neighborhood that overlooks Loyola Park...
Historic Downtown Detroit mixed-use high-rise apartment and penthouse community to be fully redeveloped this...
Detroit-based City Club Apartments, a 100-year-old mixed-use multifamily pioneer, broke ground on the redevelopment of the formerly named Elmwood Park Plaza, an innovative and progressive 18-story apartment community built by Toby and David Hotlzman...
Kiser Group brokers 930 North Blvd. in Oak Park for $8.3 million
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments...
The Habitat Company names Zack Zalar vice president of acquisition and investment
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced today that Zack Zalar has joined the team as vice president of acquisition and investment. Zalar brings more than 15 years...
Passco Companies expands into Greater Chicago market with acquisition of 260-unit multifamily community in...
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired The Atworth at Mellody Farm, a 260-unit luxury multifamily...
Aeon acquires 306-unit Village Club Apartments to preserve affordability
Today Aeon, a nonprofit developer, owner, and manager of affordable homes, completed the purchase of Village Club Apartments, a 306-apartment property in Bloomington. Key partners in the acquisition include the City of Bloomington, the...
Draper and Kramer expands Chicago portfolio with acquisition of HUBBARD221
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its multifamily portfolio with the acquisition of HUBBARD221, a 195-unit luxury apartment tower in Chicago’s River North neighborhood. The...
Ryan Companies closes on 122-acre former Ford site
Ryan Companies US, Inc. announced today that it has completed the purchase of the 122-acre parcel of land owned by Ford Motor Company in the Highland Park neighborhood of Saint Paul. The City of...
Kiser Group brokers 2000 Illinois in Aurora, Illinois
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 2000 Illinois, a 128-unit, 5-story property in Aurora, Illinois. FPA Multifamily acquired the asset. Kiser Group’s Matt Halper and Danny Mantis represented both the buyer...
JLL sells 970-unit Midwest multihousing portfolio on behalf of IRET
JLL announced today that it has closed the sale of a 10-property, 970-unit multihousing portfolio located in the Midwestern communities of Sioux Falls, South Dakota, and Sioux City, Iowa, on behalf of IRET for...
Draper and Kramer tops off and reveals name of 275-unit apartment tower in Chicago’s...
Draper and Kramer, Incorporated, yesterday celebrated the topping-off of its new 24-story, 275-unit apartment tower at 2111 S. Wabash Ave. in Chicago’s South Loop. Called Aspire Residences, the transit-oriented development—located less than a block...
JLL closes $11.25 million sale, $14.4 million financing of Minnesota apartments
JLL announced that it has closed the $11.25 million sale and $14.4 million financing of Eastridge Estates, a 126-unit apartment community in Rochester, Minnesota. JLL marketed the property exclusively on behalf of the seller, Eastridge...
Interra Realty brokers sale that achieves highest price per unit in a decade in...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 4740-48 S. Greenwood Ave., a four-story, 31-unit rental community in Chicago’s Kenwood neighborhood. The asset sold for...