Saturday, February 22, 2025

Tag: Illinois

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

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....
Fox Valley Apartments

McShane Completes Adaptive Reuse Construction of Fox Valley Affordable Apartments in Aurora Illinois

McShane Construction Company completed the construction of Fox Valley Apartments in Aurora, Illinois, on behalf of Housing For All, LLC in collaboration with Visionary...
Harper Avenue

Interra Realty Brokers $6.6M Sale of 33-Unit Mixed-Use Property on Harper Avenue in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sale of a 33-unit mixed-use property at 5704 S....
OC Living

Habitat Opens OC Living, First Residential Building at Ogden Commons Mixed-Use, Mixed-Income Development in...

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, announced the first wave of residents have moved into OC Living, a new mixed-income...
Auburn Gresham

Essex Realty Group Brokers Multifamily Portfolio Sale of Two Auburn Gresham Apartment Buildings in...

Essex Realty Group, a leading Chicago based multifamily brokerage firm, is pleased to announce the closing of two multifamily properties located in Chicago’s South...

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