Chicago

  • Inland Nabs Suburban Chicago Community

    The Commons at Town Center, a six-story, 85-unit multifamily property in Vernon Hills, Ill., was built in 2010 and boasts a 96 percent occupancy.

    17 May 2017 19:54
  • Habitat Assumes Management of Chicago Communities

    The properties include Reserve at Evanston, a four-story building with 193 residences, and 640 North Wells, a new 250-unit rental tower in Chicago’s River North neighborhood.

    10 May 2017 08:51
  • 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
  • Maverick Mediates $39M Loan for Chicago Mixed-Use Project

    Cedar Street Cos. is planning a 149-unit apartment building at 676 North LaSalle St., with more than 10,000 square feet of ground floor retail space.

    04 May 2017 17:10
  • HFF Chicago Appoints New Director

    David Gaines, former managing director at Berkadia Real Estate Advisors, brings more than 16 years of experience in multi-housing investment sales, debt placement and equity placement.

    04 May 2017 16:35
  • Fifield Begins Construction on Largest Tower in Chicago

    A joint venture with F&F Realty broke ground on 727 West Madison, a 44-story, 492-unit luxury community with more than 10,000 square feet of retail space, in the West Loop.

    02 May 2017 16:06
  • MHN’s Top 5 April 2017 Articles

    Miss out on any MHN stories in April? Here are five of our most popular articles for the month, including the top 10 apartment owners in Los Angeles and the status of Chicago development.

    02 May 2017 15:39
  • Foxford Launches Sales of Chicago TOD

    The 28-unit property, which also features retail space, will be the first transit-oriented condo development in the Western Springs, Ill., neighborhood.

    25 April 2017 09:48
  • Ascend’s Niche 905 Unveiled in Chicago

    The 18-story, 202-unit luxury tower featuring an array of lifestyle amenities is located on Near North Side.

    21 April 2017 15:01
  • Torchlight Provides $80M Refi for Suburban Chicago Community

    The firm recapitalized 500 Station, a 417-unit asset in Aurora, Ill., with senior and mezzanine financing. Aurora is connected by local shuttle to the Route 59 commuter rail station, which offers express service to central Chicago.

    14 April 2017 16:53
  • ASC Arranges Financing for Chicago Multifamily Asset

    Winthrop Place, located in Edgewater, will benefit from a $1.5 million refinance loan. The 1968-built property consists of 16 studios and 41 one-bedroom units.

    14 April 2017 16:52
  • Tougher Times for Apartment Development?

    According to Chicago multifamily experts speaking at the Marcus & Millichap/IPA Multifamily Forum Chicago, it's currently difficult to get new developments off the ground. But, there could be hope.

    07 April 2017 08:16
  • Condo Developments Poised for Return in Chicago

    It may be time for large-scale high-rise condo developments to return to Chicago, declares Related Midwest President Curt Bailey, speaking at yesterday's Marcus & Millichap/IPA Multifamily Forum.

    05 April 2017 14:00
  • Is Overbuilding Threat Overblown?

    Speaking at a forum in Chicago, Marcus & Millichap's John Sebree weighs in on today's complex market dynamics and how they affect multifamily investment prospects around the country.

    04 April 2017 18:34
  • 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