Chicago
Greystone Closes $14M Northern Indiana HUD Refi
Bayshore Properties will use the new loan to fund ongoing renovation work at the 174-unit community.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
Interra Realty Closes Vintage Chicago Community Sale
Jon Morgan and David Goss represented The Wolcott Group in the disposition of the 35-unit asset in Woodlawn.
Construction Completed on Chicago-Area Senior Housing
McShane Construction Co. completed the 146-unit property located in Naperville, a western suburb.
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.