Chicago

Berkadia Secures $23M Loan for Chicago-Area Assets

Ridge Garden Apartments and Indian Trails Apartments, two affordable multifamily properties in the greater Chicago area, will undergo capital improvements.

Leasing Starts at New Chicago Mixed-Use

JDL Development’s SixForty, located in the River North neighborhood, includes a 23-story tower with 250 units and 8,000 square feet of retail.

5536 N. Sheridan Road, Edgewater, Ill.

Kiser Group Negotiates $12M Chicago Multifamily Deal

The sale of the 80-unit property marks the highest price per unit—$144,000—for a four plus one asset north of Irving Park Road.

Interforum Debuts Chicago-Area Luxury Townhomes

Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.

Strategic Properties Buys Condos, Plans Deconversion

The company purchased the 207-unit Bel Harbour building in Chicago for $51.5 million, the largest bulk sale in the city to date.

Tiny Living Brings Big Changes to Student Housing

At the 2017 NeoCon show, Tomas Eliaeson and Thomas Carlson-Reddig of Little discuss how universities can embrace smaller units without sacrificing design or space.

Kiser Group Promotes John Meyer to Senior Director

He has been with Kiser Group for more than eight years, having joined the company as managing director. His responsibilities cover the apartment middle market in the Chicago area.

Greystone Appoints 2 Managing Directors in Chicago

William Montana and Christopher Sackley will coordinate the firm’s multifamily sales advisory efforts in the Midwest and report to President Jim McDevitt.

South Side Chicago Affordable Housing Completed

Brinshore Development’s Park Place includes 78 units within West Elsdon’s Back of the Yards neighborhood. McShane Construction worked as the contractor and provided all site work.

Kiser Group Closes Sale of Illinois Community

The 152-unit apartment complex in Montgomery, Ill. sold for $10.9 million as part of a 1031 exchange between the owner and a Chicago-based investor.