Multifamily news in Affordable Housing - Chicago
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Gardner Capital Completes Chicago-Area Senior Housing
Spring Hill Senior Residences in West Dundee, Ill., will feature 61 apartments for residents 55 years and older.
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Draper and Kramer Kicks Off Chicago Project
The building will rise seven stories in the East Lakeview neighborhood and will include 120 units and a ground-floor retail component.
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Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
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Skender Tops Out Chicago Shelter
Sarah’s Circle financed the 36,000-square-foot development with a $14 million donation from a national foundation.
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New Affordable Housing Development Set for Chicago Area
Construction has begun on a mixed-use project offering 72 units in Maywood, Ill.
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Kiser Group Represented FPA Multifamily in Chicago-Area Deal
Matt Halper and Danny Mantis arranged the transaction of 2000 Illinois in Aurora.
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Chicago’s The 78 Gets in Gear
Related Midwest's Curt Bailey tells how the $7.2 billion megadevelopment will reshape the workplace and urban living in the Windy City.
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Partially Affordable Community Opens Doors in Chicago
The Concord at Sheridan includes 111 mixed-income units and is the result of a public-private partnership.
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The Habitat Co. Takes Charge of Chicago Affordable Housing Portfolio
The firm now manages an additional 18 affordable communities owned by the Chicago Housing Authority. The properties are located across the Windy City's West and South sides.
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Chicago High-Rise Lands $70M Financing
The Fannie Mae loan, provided by Greystone for Maryland-based Foundation Housing, will help keep the 256-unit community affordable for lower-income residents for many years to come.
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Affordable Senior Housing Breaks Ground in Illinois
The 60-unit Residences of Crystal Lake is slated for completion by March 2020.
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Partially Affordable Community Changes Hands in Chicago
Renaissance North is in the city’s Old Town neighborhood and sold for $15.5 million. The building includes 59 units, with 18 set aside for low-income residents.
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Mixed-Income Chicago Development Breaks Ground
The 164-unit project is a collaboration between public and private entities. The property is located 4.5 miles south of downtown.
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The Habitat Co. Grows IL Affordable Management Portfolio
The Drexel Properties, a 155-unit community in Chicago's Kenwood neighborhood, brings the company's affordable housing assignments to more than 10,000 units.
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Historic Chicago Building Receives $53M Loan
The NHP Foundation has commenced renovation on the Mark Twain Hotel. By the end of 2019, the property will encompass 148 affordable units.