Marcus & Millichap arranges sale of six multifamily properties totaling $7.6 million near planned...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced it has brokered the sale of six multifamily properties totaling more than $7.6...
Interra Realty brokers $17 million deconversion sale in Evanston, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17 million deconversion sale of 2730-66 Hampton Parkway, a 91-unit multifamily building near Northwestern University in Evanston, Ill. The property...
PEF Advisors acquires affordable apartment community for Seniors in Chicago
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...
The Habitat Company, Chicago Housing Authority, Cinespace and Sinai Health System to invest $200M...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, today announced it received approval from the city’s Planning Commission to move forward with plans for a $200 million 10-acre mixed-use project...
Clarendale of Addison hosted ribbon cutting event
Clarendale of Addison, a new senior living community located off Route 53 and I-355 in Addison officially opened its doors last. The Clarendale team along with local community leaders participated in a ribbon-cutting celebration...
Wicker Park Connection, luxury rental tower on Chicago’s Northwest Side, surpasses 75 percent-leased milestone
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced Wicker Park Connection, a 15-story, 146-unit rental community, is more than 75 percent leased just four months after welcoming first move-ins. Located...
Interra Realty brokers sales of 2 multifamily buildings totaling $6.48 million in Chicago’s South...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sales of two apartment buildings in Chicago’s South Shore neighborhood, priced at $4.23 million and $2.25 million. The...
Pre-leasing begins at Southport Gateway Apartments in Chicago’s Southport Corridor
Chicago-based Spaces Real Estate today announced pre-leasing is underway at Southport Gateway, an upscale transit-oriented rental development at 3334 N. Southport Ave., along Chicago’s Southport Corridor. Located at the corner of Southport Avenue and Henderson Street, one...
HFF announces sale of luxury apartment community in St. Charles, Illinois
Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in the Chicago suburb of St. Charles, Illinois.
HFF marketed the property on behalf of...
Todd Lesher joins Lexington Homes as director of sales
Chicago-based Lexington Homes, an active homebuilder throughout Chicago and its surrounding suburbs, has announced that Todd Lesher has joined the firm as director of sales. Lesher brings more than 18 years of experience in the...
Greystone Bel’s Chicago office completes sale of five-property portfolio in Rockford, Illinois totaling $43.3...
Greystone Bel Real Estate Advisors Chicago Office recently closed the sale of the Hampton Portfolio in Rockford, Illinois for $43.3 million. The multifamily portfolio consists of five-properties totaling 582 units, which equates to a...
$26.1 million sale of Phoenix apartments in St. Paul’s Battle Creek Neighborhood
JLL Capital Markets announced it closed the $26.1 million sale of the Phoenix Apartments, a 216-unit recently updated multihousing property located in the Battle Creek neighborhood of St. Paul, Minnesota.
JLL worked on behalf of...
Draper and Kramer and Intercontinental Real Estate Corporation acquire 298-unit apartment community in Chicago’s...
Chicago-based Draper and Kramer, Incorporated, along with equity partner Intercontinental Real Estate Corporation, has expanded its Chicago-area portfolio with the acquisition of Burnham Pointe, a 28-story, 298-unit rental building in Chicago’s Printers Row neighborhood....
Interra Realty Brokers $1.45 million deconversion sale in Oak Park, Ill.
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.45 million deconversion sale of 244-46 S. Marion St., a 10-unit building in Oak Park, Ill. The buyer intends...
Ryan Companies plans residential tower for Downtown East
Ryan Companies announced today plans for a 24 story, 345-unit residential development on the northeast corner of Fourth Street and Park avenue. The project will be the final piece of the five-block development the...
