HUD with GRRP Invests More than $6.5M to Modernize Rental Homes for Families in...
The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...
HUD with GRRP Invests More Than $2M to Modernize Rental Homes for Families in...
The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...
RMK Management Corp. Named Property Manager for 3 Chicago-Area TLP-Fides Luxury Rental Communities
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for three multifamily rental properties in Chicago’s northern suburbs owned by Libertyville, Illinois-based TLP-Fides. “Having TLP-Fides put its...
JLL Arranges Acquisition Loan for Class A Multifamily Property Xander on State in Columbus
JLL Capital Markets announced that it has secured a $30.5 million acquisition loan for Xander on State, a 229-unit multifamily community in Columbus, Ohio. Xander on State, situated at 265 East State Street in downtown...
Institutional Property Advisors Arranges Financing for Yorktown Reserve Mall Redevelopment Project Near Chicago
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5 million in equity for the development of the first phase of Yorktown Reserve,...
JVM Realty Corp. Acquires 236-Unit Luxury Apartment Community Mayfair Reserve Near Milwaukee
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Mayfair Reserve, a 236-unit luxury apartment community in Wauwatosa, Wisconsin. The property was purchased from...
Marcus & Millichap Arranges Sale of 60-Unit Senior Living Property Westwind Apartments in St....
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Westwind Apartments, a 60-unit senior living apartment property located in St....
Wayland Acquires 60-Unit Micro-Apartment Building The Hazelton in Uptown Chicago
Wayland Real Estate Capital has announced the acquisition of The Hazelton, a 60-unit micro-apartment building located at 851 W. Montrose in Uptown, Chicago. Originally a single-room occupancy (SRO) building, the property underwent a comprehensive gut...
Marquette Companies Acquires 400-Unit Ascend St. Charles Rental Community in Suburban Chicago
Marquette Companies, a national leader in multifamily development and property management, has announced its acquisition of Ascend St. Charles, a 400-unit apartment community in a prime location near highly-rated schools and key transportation corridors...
Ware Malcomb Announces Construction is Complete on Station 250 Multifamily Development in Chicago Suburbs
Ware Malcomb, an award-winning international design firm, announced that construction is complete on Station 250, an upscale multifamily development in Mundelein, Illinois. Located next to the Mundelein Village Hall and adjacent to the local METRA...
CF Capital Announces Investment in Indianapolis Waterfront Apartment Community Island Club Apartments
CF Capital is pleased to announce its investment in Island Club Apartments, a 314-unit multifamily property located in the vibrant heart of Indianapolis. With its prime waterfront setting, contemporary unit features, and proven historical performance,...
Redwood Living Announces 205 Single-Story Apartment Homes are Coming to Planned Development District in...
Redwood Living, Inc., has started construction on Redwood Amherst, a brand-new neighborhood of single-story apartment homes that will add a desirable residential rental option to Sandstone Development – a Planned Development District in Amherst...
Gindi Equities Acquires 252-Unit Multifamily Community Timber Creek Apartment Homes in Fargo
Gindi Equities announced the acquisition of Timber Creek Apartment Homes, a multifamily community located at 4720 Timber Parkway South in Fargo, North Dakota. Gindi acquired Timber Creek from Property Resources Group, which will continue to...
Harrison Street Sells US Student Housing Portfolio for Nearly $900M
Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately $56 billion in assets under management, announced the $893 million sale of 14 US student housing portfolio...
Pearlmark Announces Second Closing of Sixth Mezzanine Fund
Pearlmark is pleased to announce the second closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI now totals more than...