Chicago

What Stands Out in Chicago’s Luxury Multifamily Market?

As the city’s high-end housing stock becomes increasingly diversified, developers are more committed to serving residents’ needs. Optima President Tara Hovey shares the story behind one of the company’s successful projects.

In Case You Missed It: MHN’s Top 5 Posts in November

Miss any of our articles? Catch up with five of our most popular posts for the month.

Interra Realty Brokers Sale of Vintage Chicago Community

An affiliate of LEM Equities paid $2.9 million for the mixed-use building. The deal resulted in one of the highest per-unit prices in the Bucktown neighborhood.

Nonprofit Expands IL Footprint With 569-Unit Buy

Lynd Co. arranged the acquisition of Timber Oaks in Ingleside and Prairie View in Woodstock on behalf of Invest in America’s Veterans Foundation.

CA Ventures Adds New VP

Taylor Gunn brings many years of experience in student housing analytics. She will lead the company’s market research and development strategies across Europe.

The Habitat Co. Wraps Up $16M Rehabilitation of Affordable Chicago Community

The 153-unit property in East Garfield Park first came online in 1996. The current project is part of the city’s $1.3 billion Five-Year Housing Plan.

$200M Mixed-Use Development Coming to Chicago

Ogden Commons will be built on 10 acres on the city’s West Side, bringing hundreds of mixed-income housing units, along with commercial and retail space to the area starting next year.

Industry Experts Debate Chicago’s Multifamily Future

Real estate professionals gathered last week to discuss the Windy City’s biggest real estate challenges and opportunities during the Lincoln Park Builders of Chicago’s annual Real Estate Forum.

Draper and Kramer Acquires Chicago Luxury Apartments

CBRE facilitated the sale of the 180-unit rental property that was sold as part of a 1031 exchange. The new ownership assumed management of the community.

Chicago Multifamily Tower Lands $149M Refi Loan

The Gallery on Wells is a recently completed 40-story residential building situated in the River North submarket.