Multifamily news in Chicago
-
Construction Kicks Off at Chicago’s Wolf Point East
The 60-story, 698-unit luxury apartment tower represents the second phase of the Wolf Point master plan, a three-phase project built by Hines along the Chicago River.
04 July 2017 15:36 -
WTC Secures $70M for Suburban Chicago Property
The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.
28 June 2017 08:28 -
Interra Closes on Chicago Multifamily Deal
The 43-unit property located in Rogers Park changed hands for $3.9 million. In addition to the residential units, the building offers 1,200 square feet of office space.
27 June 2017 09:10 -
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 -
Leasing Starts at New Chicago Mixed-Use
JDL Development's SixForty, located in the River North neighborhood, includes a 23-story tower with 250 units and 8,000 square feet of retail.
23 June 2017 08:56 -
Kiser Group Negotiates $12M Chicago Multifamily Deal
The sale of the 80-unit property marks the highest price per unit—$144,000—for a four plus one asset north of Irving Park Road.
22 June 2017 15:49 -
Interforum Debuts Chicago-Area Luxury Townhomes
Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.
20 June 2017 15:43 -
Strategic Properties Buys Condos, Plans Deconversion
The company purchased the 207-unit Bel Harbour building in Chicago for $51.5 million, the largest bulk sale in the city to date.
16 June 2017 13:47 -
Tiny Living Brings Big Changes to Student Housing
At the 2017 NeoCon show, Tomas Eliaeson and Thomas Carlson-Reddig of Little discuss how universities can embrace smaller units without sacrificing design or space.
14 June 2017 15:14 -
Kiser Group Promotes John Meyer to Senior Director
He has been with Kiser Group for more than eight years, having joined the company as managing director. His responsibilities cover the apartment middle market in the Chicago area.
13 June 2017 14:36 -
Greystone Appoints 2 Managing Directors in Chicago
William Montana and Christopher Sackley will coordinate the firm's multifamily sales advisory efforts in the Midwest and report to President Jim McDevitt.
09 June 2017 09:25 -
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 -
Kiser Group Closes Sale of Illinois Community
The 152-unit apartment complex in Montgomery, Ill. sold for $10.9 million as part of a 1031 exchange between the owner and a Chicago-based investor.
07 June 2017 14:02 -
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 -
Kiser Group Brokers 370-Unit Multifamily Deal in Chicago
The $29-million real estate portfolio consists of 21 residential buildings located in various South Side neighborhoods. The properties offer studios, one-, two-, three- and four-bedroom units, as well as retail space.
25 May 2017 08:50