Three-property seniors housing portfolio sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of the Clarity Pointe Portfolio, a three-property, 174-unit, 175-bed seniors housing portfolio. The properties are in Knoxville, Tennessee, and Fayetteville and...
Waterton acquires 8-property multifamily portfolio in growth markets of Arizona, North Carolina, Texas, and...
Waterton, a national real estate investor and operator, today announced it acquired an institutional-quality portfolio comprised of eight multifamily properties with a total of 3,685 units located in growth markets across four states. The...
Evergreen Real Estate Group wins Urban Land Institute Chicago 2018 Vision Award for Aurora...
Evergreen Real Estate Group today announced that Aurora St. Charles Senior Living, the developer’s recently completed senior housing community in Aurora, Ill., has been named the recipient of an Urban Land Institute (ULI) Chicago...
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....
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...
The Opus Group announces start of construction on a multifamily development in Des Plaines,...
The Opus Group (Opus) today announced the start of construction on a 113-unit luxury multifamily mixed-use development in Des Plaines adjacent to the O’Hare office and industrial submarkets. Located at 1555 Ellinwood, the transit-oriented...
Interra Realty brokers 3 multifamily sales in Chicago area totaling $10.1 million
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered three apartment building sales in the Chicago area totaling $10.1 million. The transactions include properties in the suburb of Evanston...
The Opus Group announces completion of high-end multifamily apartments in Edina, Minnesota
The Opus Group (Opus) today announced the completion of The Loden, a four-story, 246-unit multifamily development in Edina, Minnesota. The site has undergone a profound transformation from a vacant office building into a vibrant...
Dominium completes 1.5 million renovation of new luxury apartment community in Beaufort
Dominium, a Minneapolis-based leading apartment owner, developer and manager, announced today the completion of the renovation of the 160-unit development in Beaufort, South Carolina. The property formerly known as Waterford Cove has been converted...
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...
Rose Community Capital arranges $16.1 million financing for rehabilitation of Fenway Manor in Cleveland,...
Rose Community Capital, a MAP designated FHA Lender and the residential financing division of the Jonathan Rose Companies, has secured a $16,119,100 Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing...
Interra Realty brokers sales of adjacent properties totaling $16.5 million on Chicago’s North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 44 apartments and three retail spaces in the 5400 block of North Broadway Avenue in Chicago’s Edgewater...
Three multifamily assets hit the market in Suburban Cleveland
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it has been awarded the exclusive listing for a core-plus multifamily property and two value-add investment properties totaling 1,837 units in suburban Cleveland....
CA Ventures and K Giles LLC announce 50-percent-leased milestone at Eleven40 Apartment Tower in...
CA Residential LLC, the multifamily investment and development division of Chicago-based CA Ventures, together with joint venture partner K Giles LLC, today announced Eleven40, a mixed-use, transit-oriented development in Chicago’s South Loop, already is...
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...