Chicago

Chicago: Image by JaySi/iStockphoto.com

Chicago Multifamily Report – Summer 2021, Part 2

Fundamentals are rapidly improving, in line with nationwide trends.

Bridge Investment Group Pays $30M for Mobile Home Park

KeyBank originated a Freddie Mac acquisition loan for the Chicago-area community.

Suburban Chicago Senior Housing Project in the Works

The 131-unit property is slated for a 2023 delivery.

Lendlease Breaks Ground on Chicago Condo Project

The community is part of the company’s 2.5 million-square-foot development in the South Loop.

Top States for LEED Multifamily Certifications in 2021

In the first half of the year, 106 multifamily properties received LEED certification across the country, based on USGBC data. Here are the five most notable projects from that list.

Ryan Cos. Tops Out $117M Chicago Project

The 268-unit senior housing community is slated for completion in fall 2022.

Top 5 Markets for Self Storage Transactions

Investment volume across the country has increased 88 percent this year, Yardi Matrix data shows.

Spirit Investment, Bascom Group Pay $49M for Chicago Tower

The property last traded five years ago, when the current seller acquired it from KKR.

Active Adult Living Community Underway in Chicago Suburb

TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.

PNC Bank Sells Chicago Affordable Housing for $30M

The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.