Chicago
Interra Realty Promotes 2 Managing Partners
Joe Smazal and Brad Feldman, who have been with the company for more than five years, will serve as senior managing partners.
Chicago High-Rise Lands $70M Financing
The Fannie Mae loan, provided by Greystone for Maryland-based Foundation Housing, will help keep the 256-unit community affordable for lower-income residents for many years to come.
Essex Realty Group Brokers Chicago Community Deal
The buyer paid $5.4 million for a 41-unit building in Logan Square neighborhood. Doug Imber, Kate Varde, Clay Maxfield, Jim Darrow, Jordan Gottlieb and Jordan Multack facilitated the sale.
Suburban Chicago Community Receives $33M Refi
The loan will help stabilize Apex 41, a luxury community in Lombard, Ill. GlenStar Properties completed the 181-unit asset two years ago.
Marc Realty Sells Chicago Community
Interra Realty’s Senior Managing Partner Brad Feldman brokered the $2.8 million disposition of the recently-renovated Rogers Park community.
The Habitat Co. Hires New VP
Kimberly Sisney will lead and oversee the operations, planning and strategy of the firm’s affordable communities located in Chicago and St. Louis.
Chicago-Area Assisted Living Community Gets New Building
The 156-unit luxury facility, located right across from Chicago Botanic Garden, opened its doors in 2014. A former memory care wing will be converted into assisted living units.
Luxury High-Rise Opens in Chicago
The 500-unit community in South Loop received a Certificate of Occupancy for the first 25 floors. The interior finishing work for the remaining apartments is slated for completion in August.
TLC Management Acquires Chicago-Area Apartments
HFF marketed Prairie Winds, a townhome-style community in St. Charles, Ill., on behalf of the seller. The property was completed last year.
Affordable Senior Housing Breaks Ground in Illinois
The 60-unit Residences of Crystal Lake is slated for completion by March 2020.