Lexington Homes to start sales this spring at Lexington Walk, a new community of...
Lexington Homes is returning to the close-in, northwest Chicago suburb of Morton Grove, Ill., with a new community of 36 rowhomes just a few blocks from the Morton Grove Metra Station. Lexington Walk, which...
Merchants Capital Provides More Than $103M in Financing for the Rehabilitation of Affordable Island...
The Chicago office of leading financial services provider Merchants Capital announced that it provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing for the rehabilitation...
Becovic acquires 19-unit Courtyard Building in Rogers Park for $2.2 million
Becovic, a Chicago-based multifamily owner and operator, adds another Rogers Park property to its portfolio. The company announced the closing of The Clark Rogers, a 19-unit courtyard building located at 7417-27 N. Clark Street....
JLL Closes the Sale of Student Housing Community Near Illinois State University
JLL Capital Markets announced that it has arranged the sale for The Edge on Hovey, a 125-unit / 481-bed student housing community located adjacent to Illinois State University in Normal, Illinois.
JLL represented the seller,...
JLL Arranged $60.14M in Financing for the Development of Avalon Apartments and Townhomes in...
JLL Capital Markets announced that it has arranged mezzanine and construction financing totaling $60.14 million for Avalon Apartments and Townhomes, a mid-rise multifamily and townhome development located in the preferred submarket of Inver Grove...
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...
Red Capital Group provides $52.5 million to preserve affordable housing in Houston, Texas
Red Mortgage Capital LLC, the proprietary debt banking arm of comprehensive capital provider Red Capital Group, LLC (RED), announced the closing of a $52.5 million financing deal with Dalcor Holdings LLC for Vista on...
Timberland Partners announces purchase of Savannah Creek, Southaven, MS, and The DeSoto, Horn Lake,...
Minneapolis based Timberland Partners is pleased to announce the acquisitions of Savannah Creek, located in Southaven, Mississippi and The DeSoto, located in Horn Lake, Mississippi. Founded in 1992, the company now owns and manages...