Clarendale of Addison hosted ribbon cutting event
Clarendale of Addison, a new senior living community located off Route 53 and I-355 in Addison officially opened its doors last. The Clarendale team along with local community leaders participated in a ribbon-cutting celebration...
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...
Marcus & Millichap arranges $4.6 million deconversion sale in Chicago’s Buena Park neighborhood
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the deconversion sale of 4072 N. Sheridan Road, a four-story, 16-unit multifamily building...
Core Spaces announces strategic partnership with Goldman Sachs
Core Spaces, one of the nation's leading developers, owners and operators of high-quality, mixed-use properties in educational markets, announced today its partnership with affiliates of the Merchant Banking Division of Goldman Sachs to recapitalize...
Construction complete on Elan Yorktown, a new multifamily community in Lombard, Illinois
Construction is now complete on Elan Yorktown, a new luxury apartment community located at 50 Yorktown Center in Lombard, Illinois. Elan Yorktown is developed and owned by Greystar, a global leader in the investment,...
Kiser Group brokers two South Side properties totaling $5.3 million
Kiser Group's Noah Birk and Aaron Sklar recently brokered the highest price-per-unit in Auburn Gresham at $93,265 per unit. Located at 8301 S. Paulina, JVB Holdings Chicago LLC purchased the 26-unit multifamily property for...
Timberland Partners announces grand opening of Green on 4th ‘G4’ apartments
Timberland Partners announces the grand opening of the $53.8 million Green on 4th apartment community, aka ‘G4’, an amenity-rich project located in the Prospect Park neighborhood in Minneapolis.
G4 welcomed its first residents on June 29th...
Interra Realty brokers $16.8 million sale of Shorewind Towers and Shorewind Court Apartments in...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the $16.8 million, 238-unit sale of Shorewind Towers, located at 7000 South Shore Drive, and Shorewind Court, nearby at...
Metonic Real Estate Solutions acquires Amarillo’s Rock Island Apartments
Metonic Real Estate Solutions is pleased to announce that Rock Island Apartments in Amarillo, Texas has officially joined its growing portfolio of lifestyle communities. The 360-apartment home property covers nearly eight acres in a...
Merchants Capital secures funding for moving forward 2.0 workforce housing development in Lafayette, Indiana
Mortgage banking firm Merchants Capital has secured funding for a new 32-unit workforce housing development in Lafayette, Indiana. This development is part of the state of Indiana’s Lieutenant Governor’s office as a Moving Forward 2.0...
The Opus Group announces start of construction on student housing project near the University...
The Opus Group (Opus), announced today the start of construction on a new three-story, mixed-use student living community on the edge of the University of Kansas campus – further advancing its development presence in...
Skyline LLC and ND Consulting acquire Silver City Apartments for $8.9 million
Affordable Housing Investment Brokerage recently brokered Silver City Apartments, in Kansas City, Kansas for $8,900,000. Dan Piatkowski with Affordable Housing Investment Brokerage, Inc. worked collectively with the buyer and seller to complete the transaction. ...
Interra Realty brokers $2.8 million sale of 19-unit multifamily building in Chicago’s Rogers Park...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the off-market sale of a 19-unit multifamily property at 2035 W. Arthur Ave. in Chicago’s West Rogers Park neighborhood. The...
Hubbard Street Group partners with scooter-sharing company Spin at the Field’s Lofts Apartments on...
Chicago-based Hubbard Street Group (HSG) has partnered with scooter-sharing company Spin to establish a drop-off/pick-up point at The Field’s Lofts, HSG’s new 123-unit loft-style rental community at 4000 W. Diversey Ave., near Chicago’s Logan...
Draper and Kramer celebrates grand opening of 61 Banks Street in Chicago’s Gold Coast
Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in...