Brokers' Corner - Midwest
Cities
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Income Property Organization Facilitates 308-Unit OH Transaction
The Shaker Square Apartments portfolio encompasses 15 buildings in Shaker Heights. The $18.7 million deal was brokered by IPO’s Paul McHugh.
18 September 2018 14:36 -
Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
31 August 2018 16:21 -
FPA Multifamily Snags Luxury Chicago Community
The Lex, which previously belonged to Crescent Heights, was purchased free of debt. HFF’s Sean Fogarty, Marty O’Connell, Wick Kirby and Kevin Girard brokered the deal.
29 August 2018 16:17 -
Berkadia Brokers Sale of 156-Unit St. Louis Asset
Michael Sullivan, Ken Aston, Andrea Kendrick and Alex Blagojevich of three different Berkadia offices in the Midwest represented seller Mills Properties in the transaction.
28 August 2018 11:44 -
MI Community Receives $11M Refi
After previously securing acquisition financing for Timberwood Crossing, Cohen Financial has now arranged a HUD-insured loan for the same property. Managing Director Cathy Bronkema worked on behalf of the owner.
24 August 2018 07:12 -
Greystone Provides Freddie Mac Loan for Affordable KC Asset
Keith Hires, managing director in Greystone’s Atlanta office, obtained the acquisition loan for Alcazar Apartments, a 142-unit community in the southern part of the city.
20 August 2018 19:24 -
Kiser Group Brokers South Chicago Multifamily Sales
Noah Birk and Aaron Sklar have facilitated the sale of a four-building portfolio and three other multifamily assets.
26 July 2018 12:39 -
Marcus & Millichap Brokers MN Property Sale
Evan Miller of the company’s Minneapolis office and the firm’s national group sold The Hillcrest Apartments in South St. Paul.
20 July 2018 13:04 -
Interra Closes 3 Chicago Sales
The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.
17 July 2018 13:28 -
MN 55+ Community Sells Above the Listing Price
Lynn Court Apartments in Savage received offers from investors from seven different states, which is believed to be representative for the state of the area's multifamily market.
05 July 2018 16:30 -
Cushman & Wakefield Brokers Sale of 680-Unit MO Community
Mike Hanrahan and Bobby Mills of the St. Louis office and Mike Kemether of the company’s Atlanta office represented the seller, Priderock Capital Partners, in the transaction.
22 June 2018 13:12 -
WDP Management Buys Chicago Condo Community, Plans Conversion
Kiser Group’s Senior Director Noah Birk and Director Aaron Sklar brokered the transaction of the 29-unit asset in the city's South Shore neighborhood.
07 June 2018 11:22 -
Kiser Group Brokers Sale of Chicago-Area Community
Principal & Managing Broker Lee Kiser and Broker Matt Halper facilitated the transaction of 345-unit Blue Station Apartments in Blue Island, Ill.
06 June 2018 14:04 -
Marcus & Millichap Arranges Sale of Uptown Minneapolis Asset
Colfax Avenue traded for $1.4 million. GLT Partners’ Mox Gunderson, Dan Linnell, Josh Talberg and Abe Roberts acted on behalf of the seller and also secured the buyer.
23 May 2018 12:24 -
Berkadia Brokers Midwest Portfolio Sale
The four communities are located in Illinois, Indiana and Wisconsin and sold for $41.5 million. Alex Blagojevich, Ralph DePasquale, Chris Bruzas and Parker Stewart represented the seller.
04 May 2018 14:14