Chicago
2 Chicago-Area Senior Housing Assets Land $100M Recapitalization
The properties, situated in Naperville and Lincolnshire, total 1,071 units and include independent living, assisted living and skilled nursing components.
Demand Fuels Growth in Chicago
Multifamily rents are increasing at the fastest pace since November 2016, reaching 1.8 percent year-over-year as of June.
Interra Realty Closes New Chicago Deal
The multifamily property is located in the Edgewater neighborhood and sold for $2.1 million, after having recently been renovated by the seller.
CA Ventures Opens Chicago South Loop Community
The 320-unit Eleven40 bears the signature of designer SCB, with interiors by BKV Group. The community is currently 85 percent occupied.
Monument Capital Acquires 2nd Chicago-Area Property
The 222-unit community is located in Mount Prospect, Ill., across the street from the company’s other asset, purchased in the summer of 2017.
Kiser Group Brokers South Chicago Multifamily Sales
Noah Birk and Aaron Sklar have facilitated the sale of a four-building portfolio and three other multifamily assets.
JV Nabs Apartments in Chicago’s Printers Row
Draper and Kramer and Intercontinental Real Estate acquired Burnham Pointe, which includes 298 units and 255 parking spaces.
Interra Closes 3 Chicago Sales
The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.
Fifield, Terraco Break Ground in Chicago
Dubbed Logan’s Crossing, the building in Logan Square will feature 220 units and a 27,000-square-foot Target store, in addition to other commercial tenants on the ground floor. The residential component is slated to open in November 2019.
Kiser Group Appoints New Senior Director
Michael D’Agostino joined the company three years ago and brokered the sale of more than 1,000 units. He oversees Chicago North Side transactions.