CRG launches $1.0 billion national residential development strategy
CRG, the real estate development and investment arm of Chicago-based Clayco, announced the launch of a new national residential development strategy that includes $1 billion in multifamily developments over the next two to three...
Interra Realty brokers $4.55 million sale of renovated apartment building in Chicago’s Kenwood neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.55 million sale of 5001 S. Drexel Blvd., a 33-unit renovated apartment building in Chicago’s Kenwood neighborhood. The price per...
Oxford-Quadrum venture sells luxury apartment building Essex on the Park on Chicago’s Michigan Avenue
In one of the largest transactions of 2020, a joint venture between Oxford Capital Group, LLC and Quadrum Global has sold Essex on the Park, the 56-story, 607-foot, 479-unit, modernist tower, which it developed...
Interra Realty arranges $5.78 million sale of luxury apartment building in Chicago’s Lincoln Park...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.78 million sale of 1513-17 W. Diversey Parkway, a 12-unit luxury apartment building in Chicago’s Lincoln Park neighborhood. The price...
Knocking the rust off the Rust Belt
Investments into one of the nation’s poorest zip codes in the Rust Belt are fueling an historic preservation and mixed-use redevelopment project on three blocks in Erie, Pa.’s downtown core, setting a national standard...
Interra Realty arranges $2.9 million multifamily sale in Chicago’s Avondale neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it arranged the $2.9 million sale of 3124-28 N. Kimball Ave., a 16-unit building in Chicago’s Avondale neighborhood. The price per unit was...
Conor Commercial Real Estate further expands into multifamily market with hire of Senior Vice...
Conor Commercial Real Estate is pleased to announce that Janet Protas has joined the firm as Senior Vice President–Multifamily. In this role, Janet will be responsible for overseeing multi-family efforts and growing its development...
Interra Realty brokers $2.075 million multifamily sale in Chicago’s Logan Square neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $2.075 million sale of 3821-23 W. Wrightwood Ave., a 13-unit multifamily building in Chicago’s Logan Square neighborhood. The price per...
Parkview Financial provides $22.75 million construction loan for 67-unit townhome project in Chicago, Illinois
Parkview Financial announced it has provided a $22.75 million construction loan to a joint venture of Noah Properties and MPM Holdings for the development of a for-sale, 67-unit townhouse project. Sited on 2.2 acres...
Interra Realty arranges $3.65 million value-add multifamily sale in Chicago’s Kenwood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it arranged the $3.65 million sale of 4400 S. Drexel Blvd., a 46-unit rental community in Chicago’s Kenwood neighborhood. The price per unit...
Merchants Capital secures $14+ million new financing for West Pointe Commons
Mortgage banking company Merchants Capital announces that it has secured more than $14 million in new financing for West Pointe Commons, a 141-unit townhome community in southwest Sioux Falls, South Dakota. The project is financed...
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...
Interra Realty brokers $5.585 million sale of mixed-use property in Chicago’s Ravenswood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.585 million off-market sale of 2020-36 W. Montrose Ave., a 31-unit mixed-use property in Chicago’s Ravenswood neighborhood. The price per...
Kiser Group brokers $2.85 million in West Side affordable multifamily sales
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two separate multifamily transactions on the west side of Chicago. 1015 N. Pulaski sold for $1,900,000, and 4301 W. Gladys sold for $950,000.
1015 N. Pulaski...
Joint Venture of PCCP, LLC and the Excelsior Group, LLC acquires Mills Creek, a...
A joint venture of PCCP, LLC and The Excelsior Group, LLC has acquired Mills Creek, a Class A, newly constructed, 66-unit, single-family rental community located at 8601 Goldenrod Lane N in Maple Grove, MN....