Chicago

Bayshore Properties Buys 382-Unit Asset for $34M

Greystone originated Freddie Mac acquisition financing for Tanglewood Apartments, located less than 30 miles from downtown Chicago.

Newmark Knight Frank Expands Midwest Multifamily Group

Elizabeth Gagliardi and Chuck Johanns have joined the brokerage as senior managing directors.

JDP Launches Illinois Student Housing Project

ICON will serve students attending the University of Illinois at Urbana-Champaign campus and is scheduled for completion by August 2021.

Interra Realty Arranges $3M Suburban Chicago Sale

Senior Managing Partner Joe Smazal, Managing Partner Pat Kennelly and Director Paul Waterloo facilitated the transaction.

Skender Tops Out Chicago Shelter

Sarah’s Circle financed the 36,000-square-foot development with a $14 million donation from a national foundation.

Top 5 Midwestern Markets for Multifamily Transactions

Yardi Matrix data shows that more than two thirds of the $1.5 billion closed in the first quarter involved assets in only five of the region’s metros.

Essex Realty Brokers Suburban Chicago Condo Sale

Brian Kochendorfer assisted the seller, while Troy Beebe represented the buyer in the $5 million deal.

JV Secures $103M Acquisition Loan for Chicago Tower

Newmark Knight Frank represented the partners in the purchase of the 39-story CityFront Place.

CBRE Arranges $44M Chicago Condo Deconversion Sale

Sam Haddadin and Dan Cohen assisted the seller in the disposition of a 163-unit value-add property in the Gold Coast neighborhood.

Fifield Cos. CEO: ‘Expect Uneven Impact on Multifamily Market’

Steve Fifield shares his view on how the pandemic will affect the industry and discusses the measures the company has taken so far.