Chicago

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.

Chicago Condo Development Breaks Ground

Named from the French word for Bishop, Eveq was designed by Sullivan Goulette & Wilson Architects and will feature 32 residences in the West Loop.

Horizon Realty Group Welcomes Residents to Chicago Community

The 40 units on the south side of The District @ Sheridan in Edgewater are open while 40 more units are to be completed by May.

Peak Campus to Manage 430-Bed Chicago Student Housing

The Buckingham serves students at the University of Illinois – Chicago and is also within a mile of 20 other schools.

Chicago Multifamily Investment in Focus

Pioneer Acquisitions’ James Peterson Jr. names the city’s most attractive submarkets and sheds light on trends for Chicago investors to watch.

Partially Affordable Community Changes Hands in Chicago

Renaissance North is in the city’s Old Town neighborhood and sold for $15.5 million. The building includes 59 units, with 18 set aside for low-income residents.

Chicago Metro report Photo by Sean Pavone iStockphoto.com

Chicago Multifamily Report – Winter 2019

Rent growth in the metro continued to accelerate and reached 3.2 percent year-over-year as of January, due to increasing demand, particularly for Lifestyle units.

HFF Secures $31M Loan for Chicago Community

The luxury property is part of developer PMG’s national portfolio of X Social Communities, a new concept meant to provide a high-class lifestyle at an accessible price point.