Sales start this Fall at Lexington Reserve at Oak Park, a new community of...
This fall, Lexington Homes will make its homebuilding debut in Oak Park, Ill., the popular “surban” village just west of Chicago’s city border. Lexington Reserve at Oak Park will offer 21 rowhomes within walking...
Marcus & Millichap arranges the sale of a 41-unit apartment building in Belvidere, IL
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Schwarz Properties, a 49-unit apartment property located in Belvidere, IL, according...
Red Capital Group arranges $7.8 million construction loan to convert historic building to apartments...
Red Capital Group LLC (RED) recently arranged a $7.8 million construction loan for Tobacco Road apartments, an adaptive reuse of an historic building in Landisville (Lancaster County), Pennsylvania. Total project cost is $9.6 million.
The...
Affordable housing community in Minnesota trades for $17.45 million
JLL Capital Markets announced that it has closed the $17.45 million sale of Greysolon Plaza, a 150-unit affordable housing community located in downtown Duluth, Minnesota.
JLL completed the sale from the seller, Sherman Associates, to...
Beware of comfort dog
Attorney Tarin S. Hale calls it extortion.
In October, an elderly Ohio landlord was ordered to pay $22,000 in damages for alleged housing discrimination practices at a rental she owns. Hale then received a bill...
Mayor Emanuel joins The Habitat Company to celebrate the completion of $16M acquisition and...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced today the completion of a $16 million acquisition and rehabilitation of a 153-unit single room occupancy (SRO) community in Chicago’s East...
Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...
Mark Stern joins JLL Capital Markets Midwest multihousing team
JLL Capital Markets announced that Mark Stern has joined the firm as a Managing Director in its Chicago office. Stern will be an integral part of the growing Midwest multihousing team where he will...
Kiser Group brokers Evanston multifamily portfolio for $17 million
Kiser Group, Chicago’s leading mid-market multifamily brokerage firm, recently brokered an Evanston Portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed...
Interra Realty Brokers $3.7 Million Deconversion Sale in Evanston, Ill.
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $3.7 million deconversion sale of 122-130 Callan Ave. in Evanston, Ill. The buyer plans to convert the building’s 25...
Marcus & Millichap arranges sale of an 18-unit apartment building in Chicago
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of an 18-unit apartment property located in Chicago, according to David...
Marcus & Millichap arranges sale of a 40-unit apartment property in Harvard, Ill.
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Harvard Park Apartments, a 40-unit apartment property located in Harvard,...
Historic Chicago apartment development earns 2018 HUD secretary award
The U.S. Department of Housing and Urban Development (HUD) and the Advisory Council on Historic Preservation (ACHP) today announced Chicago’s Rosenwald Courts Apartments, once home to boxer Joe Louis, and Olympian Jesse Owens, as...
Draper and Kramer’s David Newton named ARM of the year by IREM Chicago
Draper and Kramer, Incorporated, a national real estate services firm, is proud to announce David Newton, property manager at 1350-1360 N. Lake Shore Drive in Chicago, was named Accredited Residential Manager (ARM) of the...
Sale of multihousing community in Minneapolis closes for $61.6 million
JLL Capital Markets announced that it has closed the $61.6 million sale of Marquee, a 231-unit, mid-rise multihousing community located in the Loring Park neighborhood of Minneapolis, Minnesota.
JLL represented the seller, Reuter Walton Development. KC...
