Saturday, November 23, 2024

Tag: Illinois

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

West Lawrence Avenue

Greenstone Partners Brokers 25-Unit Lincoln Square Mixed-Use Property West Lawrence Avenue for $7.1M

Greenstone Partners announces 2247-49 West Lawrence Avenue in the Lincoln Square Neighborhood of Chicago, Illinois, has sold for $7.1 million. The mixed-use property features 24...
Sunset Village

Interra Realty Facilitates $7.77M Sale of Sunset Village Apartments, a 55+ Multifamily Property Located...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of Sunset Village, an 84-unit multifamily property in Waukegan,...
The Saint Grand

Streeterville’s Newest Mixed-Use Development The Saint Grand Achieves 75% Leased Milestone

The Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, announces seventy-five percent of its 248...
LeClaire Courts

Habitat’s LeClaire Courts Redevelopment on Chicago’s Southwest Side Receives $27M Capital Loan Approval

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, together with Cabrera Capital Partners today announced the approval of a $27 million capital...
The Reed

Lendlease Achieves Stabilization at The Reed at Southbank in Chicago’s South Loop

Lendlease, a leading integrated real estate group, announced the stabilization of the apartments at The Reed at Southbank, the firm’s 41-story residential tower at...
Fremont Street

JLL Arranged the $31M Construction Loan for a New Multifamily Community on Fremont Street...

JLL Capital Markets announced that it has arranged a $31 million construction loan in the form of a participating mortgage for the development of 1529...
School Street

Interra Realty Closes 3 Multifamily Sales on School Street, Northwest Highway, and Altgeld Street...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of three apartment buildings in Chicago. The properties, comprising...
Flax Meadow Townhomes

Turnstone Development with North Arrow Development and WNC & Associates Close Deal to Begin...

Turnstone Development, a nonprofit developer of affordable housing based in Illinois, and North Arrow Development, a full-service real estate developer, have partnered with WNC...
Oak Terrace Apartments

Interra Realty Brokers $4.29M Sale of 5-Building Multifamily Portfolio Oak Terrace Apartments in Suburban Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a five-building, 30-unit multifamily portfolio in Mount Prospect,...
The Rosie

Origin Investments and CEDARst Companies Secure Bridge Financing for The Rosie Multifamily Development in...

CEDARst Companies, a Chicago-based developer and its joint venture partner, Origin Investments, a leading multifamily fund manager, and have refinanced The Rosie multifamily community...
Brook on Janes Apartments

JRK Property Holdings Acquires 288-Unit Apartment Community Brook on Janes Apartments in Bolingbrook Illinois...

JRK Property Holdings (“JRK”) has acquired Brook on Janes Apartments, a 288-unit Class-A multifamily community in the Chicago suburb of Bolingbrook, Illinois. Brook on Janes...
The Landing at Town Center

Eastham Capital Fund VI, LP Acquires 75% Stake in The Landing at Town Center

Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate,...
Arrive Town Center

Bender Companies Acquires Arrive Town Center in Vernon Hills Illinois North of Chicago

Bender Companies, a vertically integrated multifamily investment firm, announced its acquisition of Arrive Town Center, located in Chicago’s elite northern suburb, Vernon Hills. “There is...
Waukegan

HUD Delivers Nearly $28M Transaction to Build and Preserve Affordable Housing for Illinois Seniors...

The U.S. Department of Housing and Urban Development (HUD) announced the completion of a nearly $28 million Rental Assistance Demonstration (RAD) transaction with the...
Bridge Loans

Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans

Leading financial services provider Merchants Capital announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans....

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