Monday, January 20, 2025

Tag: Illinois

Illinois is a midwestern state bordering Indiana in the east and the Mississippi River in the west.

Interra Realty brokers $3.84 million sale of 4-building multifamily portfolio near O’Hare International Airport

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $3.84 million sale of a four-building, 27-unit portfolio that...

HFF arranges $171.2M financing for North Harbor Tower in Chicago’s Lakeshore East

Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged $171.2 million in financing for North Harbor Tower, a 600-unit, high-rise apartment building in...

HFF announces sale of luxury apartment community in St. Charles, Illinois

Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in the Chicago suburb...

Two south side Chicago apartment buildings sell for $1.1 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...

Construction starts on Chicago area TOD after $14 million loan from Knighthead Funding

Knighthead Funding, LLC has provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments (Roselle), a multifamily community in the...

Rent control update

While California’s rent control measure, Proposition 10, lost big at the ballot box last year, the push to impose rent control continues. Here’s what’s...

The good life

A Chicago developer who converted one of the oldest churches in Logan Square into apartments has put the property up for sale with a...
Illinois

Is rent control coming to Illinois?

For now, a state-wide prohibition on rent control remains the law of the land in Illinois. However, the election of a new governor, Democrat...

Timberland Partners announces purchase of Sullivan Square, Bentonville, AR, 535 units and Parkway Lakeside,...

Minneapolis based Timberland Partners is pleased to announce the acquisitions of Sullivan Square, located in Bentonville, Arkansas and Parkway Lakeside, located in O’Fallon, Illinois....

Renovation of multifamily properties helping to meet housing demand

Multifamily owners and managers who expect a high rate of return and an increase in the value of their assets are achieving their financial...

Marcus & Millichap arranges sale of an 83-unit apartment property in Belleville, Ill.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...

Marcus & Millichap arranges sale of 144-unit apartment property in Belleville, Ill.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...

Marcus & Millichap arranges sale of a 40-unit apartment property in Harvard, Ill.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of...

Contegra building off-campus housing to serve SIU-E

The newest off-campus student housing development to serve Southern Illinois University-Edwardsville (SIUE) is emerging from the ground. General contractor Contegra Construction Co. broke ground...

The push for rent control

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations...

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