Marcus & Millichap Facilitates Sale of 40-Unit Apartment Property The Current in North Dakota
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Current, a 40-unit apartment property located in Grand Forks, North...
Marcus & Millichap Announces Sale of 28-Unit Multifamily Property Birmingham Heights in St. Paul
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Birmingham Heights, a 28-unit apartment property located in St. Paul, Minnesota....
Cushman & Wakefield Adds Cincinnati-Based Multifamily Team of Stash Geleszinski, Nathan Murphy, Sherief Gouda...
Cushman & Wakefield announced that a Cincinnati-based multifamily investment sales team including Stash Geleszinski, CCIM, Managing Director; Nathan Murphy, Director; Sherief Gouda, Director; and William Thurner, Senior Associate, has joined the firm to serve...
JLL Arranged the Sale and Financing for a Luxury Apartment Building The Parker in...
JLL Capital Markets announced the sale and acquisition financing for The Parker Chicago, a Class A 227-unit luxury apartment building located in the dynamic Fulton Market submarket. JLL represented the seller, institutional investors advised by...
Vista Residential Partners Announces Groundbreaking for 308-Unit Apartment Community Trailhead Vista Near Columbus
Vista Residential Partners, a national multifamily development firm, has broken ground on 15.6 acres on the corner of Northeast corner of West Main Street and Thornwood Drive in Newark, Ohio for the development of...
Iconic Riverfront Towers Apartments in Detroit Goes Delinquent
The more-than-$80 million Freddie Mac commercial mortgage-backed securities loan for the rental portion of the once-iconic Detroit property Riverfront Towers has gone 30 days delinquent. Image Capital is listed as the owner of the...
Habitat and Chicago Mayor Brandon Johnson Commemorate Grand Opening of OC Living Phase A2
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, joined Chicago Mayor Brandon Johnson, local and federal officials, project partners and current residents on Sept. 19 to commemorate two significant milestones at OC...
IPA Capital Markets Arranges $17M Acquisition Financing for University of Michigan Student Housing Property...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced the $16,975,000 financing for the acquisition of a student housing property consisting...
Standard Communities Makes First Investment in Michigan with Ground-Up Affordable Community River’s Edge in...
Standard Communities, a leading national multifamily affordable housing investor and developer, is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public private partnership creating a ground-up...
Interra Realty Brokers 2 Multifamily Sales on Ravenswood and Campbell Avenues in Chicago’s North...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two separate multifamily properties in Chicago: a 10-unit apartment building at 4540 N. Ravenswood Avenue in Chicago’s Ravenswood...
AmTrust RE Acquires Luxury Apartment Building Parkline Chicago in the East Loop Neighborhood
AmTrust RE, a national real estate owner-developer with a portfolio of commercial, mixed-use and residential properties across the Northeast, Midwest and Sunbelt, announced the acquisition of Parkline Chicago, a 26-story, 213-unit residential high-rise building...
Greenstone Partners Brings 50-unit Chicago Condo Deconversion Imperial Lofts to Market
Commercial real estate brokerage firm Greenstone Partners has listed Imperial Lofts, a 50-unit condominium property located at 1528 S. Wabash Avenue in Chicago’s South Loop neighborhood, for sale. The property features a range of...
Multifamily oversupply conditions are improving
Multifamily oversupply conditions are improving, but not out of the woods yet. The good news is that some relief is expected by 2025, but Sunbelt markets may take 12 to 18 months...
JRK Property Holdings Acquires Residential Assets in Minneapolis and San Francisco Through its JRK...
JRK Property Holdings has acquired two Class A multifamily communities in Minneapolis and San Francisco in separate transactions totaling nearly $100 million. JRK made the purchases through its JRK Platform 5 Fund. JRK Platform 5...
Marcus & Millichap Arranges Sale of 24-Unit Multifamily Property Carmel Village Green in Indiana
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Carmel Village Green, a 24-unit apartment property located in Carmel, Indiana. “Carmel...