Affordable Housing - Chicago
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Affordable Indiana Community Lands Refi
The $6.6 million loan will be used to refinance Woodland East Apartments, a 224-unit affordable housing property in Michigan City.
05 October 2017 13:10 -
Chicago’s Woodlawn: A Success Story in the Making
In the last few years, the long-struggling neighborhood has seen robust construction activity in the housing and retail sectors. Nonprofit developer POAH together with the city of Chicago have initiated a series of affordable housing projects meant to transform the community and trigger other residential, educational and cultural developments.
13 September 2017 10:55 -
Habitat Lands, Assumes Management of Chicago Asset
The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.
21 August 2017 17:40 -
Affordable Senior Community Opens in Richmond, IL
The 25-unit community offers one- and two-bedroom apartments for $866 and $1,039, respectively, and is Energy Star Certified.
18 August 2017 19:11 -
$14M Affordable Housing Opens in Chicago
A joint venture has opened Harvest Homes, the first new housing of this type to be built in the East Garfield Park neighborhood in more than 30 years.
08 August 2017 16:16 -
West Side Chicago Welcomes New Affordable Housing
Harvest Homes will offer 36 two-, three- and four-bedroom units located at one contiguous site in East Garfield, Chicago. The total development cost was $12 million.
26 July 2017 20:13 -
Berkadia Secures $23M Loan for Chicago-Area Assets
Ridge Garden Apartments and Indian Trails Apartments, two affordable multifamily properties in the greater Chicago area, will undergo capital improvements.
23 June 2017 16:41 -
South Side Chicago Affordable Housing Completed
Brinshore Development's Park Place includes 78 units within West Elsdon's Back of the Yards neighborhood. McShane Construction worked as the contractor and provided all site work.
09 June 2017 08:44 -
Habitat Co. Lands $16M Chicago Affordable Housing
The company plans on making substantial renovations to East Park SRO, a 153-unit property in the East Garfield Park neighborhood. Plans include upgraded lighting, mechanical systems, masonry, landscaping and a new roof.
30 May 2017 16:17 -
Brinshore, McShane Deliver Chicago Mixed-Use Project
Clybourn 1200, a mixed-income apartment building in Chicago's Old Town neighborhood offers 84 studio, one-, two- and three-bedroom units, as well as 17,000 square feet of ground-floor retail space.
18 May 2017 18:39 -
Hines, McCaffery Break Ground in Chicago
A new mixed-use building anchoring the Lincoln Park neighborhood is set to rise on the former Children’s Memorial Hospital site.
09 May 2017 15:22 -
Security Properties to Rehab Illinois Community
The Seattle-based company closed on University Village, a 534-unit affordable housing development in DeKalb, Ill. The new owner will renovate the property, which will maintain its affordable status for at least the next 15 years.
03 April 2017 20:35 -
Kiser Group Secures $20M Chicago Sale
The Rogers Park portfolio includes four buildings encompassing 220 units.
21 December 2016 14:46 -
NHPF Grabs Historic Hotel Covent in Chicago
The deal marks the organization's second SRO mixed-use asset acquisition in the Windy City.
13 December 2016 15:27 -
Historic Rosenwald Courts Reopens in Chicago’s Bronzeville
The $132 million restoration project required the rehabilitation of 239 one- and two-bedroom apartments for seniors and families.
07 October 2016 12:29