Chicago
Chicago Multifamily Report – Summer 2021
As far as gateway markets go, the Windy City fared relatively well going into the second quarter.
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
Dwight Capital Provides $56M Loan for 8 Suburban Chicago Assets
Lexington Health Network will use part of the loan to refinance the properties’ existing capital structure.
Chicago-Area Supportive Living Facility Breaks Ground
A 100-unit redevelopment project is taking shape some 12 miles west of the city’s downtown.
Luxury Community Comes Online in Chicago Suburb
The transit-oriented Glen Ellyn property is locates 25 miles from the metro’s downtown.
LMC Starts Leasing Chicago Community
The mixed-use property in the Bucktown neighborhood is expected to see its first move-ins next month.
HP Ventures Group Pays $21M for Chicago Community
JLL Capital Markets closed the sale of 101 West, a 64-unit property in Barrington, Ill.
Continental Properties Lands $47M Refi for Illinois Community
Dwight Capital closed the HUD loan for the firm’s 300-unit property in South Elgin.
ACRE Provides $51M Refi for Chicago Luxury Community
The Duncan is an adaptive reuse project in the West Loop neighborhood.
A Snapshot of Chicago’s Changing Multifamily Market
Peak Properties’ Mike Zucker discusses market dynamics and explains why the city offers great potential for investors.