Multifamily news in Chicago
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Nautilus Buys Community in Chicago’s Hyde Park
Interra Realty facilitated the $6 million transaction. Joe Smazal worked on behalf of the seller, while Ted Stratman and Jeremy Morton represented the buyer.
01 February 2019 13:02 -
Draper and Kramer Makes New Promotions
Edward Polich, Blas Puzon, Julie Stevlingson and Christine Ramsey moved to new positions or expanded their roles within the company's Chicago office.
01 February 2019 11:57 -
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
28 January 2019 13:04 -
Latch’s Smart Access Devices Expand Footprint
By mid-2019, UPS drivers in 10 additional cities will be able to enter multifamily communities and drop off packages in lobbies or package rooms.
24 January 2019 08:23 -
$30M Senior Living Project Breaks Ground in Suburban Chicago
Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park, Ill.
16 January 2019 12:47 -
Marcus & Millichap Facilitates Chicago Sale
The firm has brokered the transfer of an 81-unit community located in Chicago’s Rogers Park neighborhood, approximately 11 miles from downtown.
14 January 2019 16:43 -
Marquette Cos., DRA Advisors Buy Chicago-Area Asset
The joint venture acquired the 558-unit community in Westmont, Ill. The seller was Long Wharf Capital LLC.
14 January 2019 09:19 -
New Chicago Luxury Tower Sells for $121M
The 265-unit high-rise developed by Moceri + Roszak marks Canada-based Pacific Reach Properties’ first multifamily acquisition in the city.
10 January 2019 11:10 -
Kiser Group Brokers $38M Sale of Chicago Condominium Asset
ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.
09 January 2019 18:43 -
Essex Realty Brokers Sale of Chicago Value-Add Multifamily Asset
The company represented both the seller and the buyer in the transaction of Lakeside Village of Mundelein, a 10-building community located in Mundelein, Ill.
09 January 2019 15:46 -
Evergreen Real Estate Grows Affordable Housing Management Portfolio
The Chicago-based firm added nine communities totaling more than 1,000 affordable housing units located in Illinois, Kansas, Ohio and Wisconsin.
08 January 2019 09:17 -
Chicago Towers Receive $62M in Equity
The 720,000-square-foot multifamily project consists of two 17-story buildings featuring roughly 590 units and more than 10,000 square feet of retail space.
04 January 2019 12:22 -
JV Closes on Condo Deconversion in Chicago’s South Loop
River City will receive a full redesign and renovation of its lobby, common areas, residential units and retail components as it transitions to rental.
02 January 2019 14:24 -
Another Condo Deconversion in Chicago
CBRE’s Sam Haddadin and Dan Cohen represented the condo association in the $27.2 million transaction in Edgewater Beach. The price-per-unit surpassed market value.
20 December 2018 16:22 -
CA Ventures Launches New Entity, Promotes Key Executive
The company’s property management services is now a new company, CA Management Services, under the leadership of Beth Pinder, who was promoted to COO.
20 December 2018 15:45