Multifamily news in Condo - Chicago
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Essex Realty Brokers Suburban Chicago Condo Sale
Brian Kochendorfer assisted the seller, while Troy Beebe represented the buyer in the $5 million deal.
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CBRE Arranges $44M Chicago Condo Deconversion Sale
Sam Haddadin and Dan Cohen assisted the seller in the disposition of a 163-unit value-add property in the Gold Coast neighborhood.
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Greystone Arranges Condo Deconversion in Chicago
The 32 units are part of Damen & Fargo Apartments in the city’s Rogers Park neighborhood.
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Chicago Condominium Welcomes First Residents
The 50-unit luxury tower is located alongside the Chicago River in the city’s River North neighborhood.
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Lendlease Breaks Ground on 2 Chicago Communities
The company teamed up with Magellan Development Group to construct Cascade, a 503-unit rental tower, and Cirrus, a 363-unit luxury property.
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The Habitat Co. Bolsters Condominium Division
David Barnhart, the newly appointed vice president, will work alongside Shruti Kumar, appointed as regional manager, in overseeing the company’s portfolio in Chicago, Detroit and Tampa.
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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.
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Kiser Group Brokers $38M Sale of Chicago Condominium Asset
ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.
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JV Closes on Condo Deconversion in Chicago’s South Loop
River City will receive a full redesign and renovation of its lobby, common areas, residential units and retail components as it transitions to rental.
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Another Condo Deconversion in Chicago
CBRE’s Sam Haddadin and Dan Cohen represented the condo association in the $27.2 million transaction in Edgewater Beach. The price-per-unit surpassed market value.
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Marcus & Millichap Arranges Chicago Community Sale
The new owners, a group of private investors based in California, are set to convert the property into rental apartments and improve the rooftop deck.
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WDP Management Buys Chicago Condo Community, Plans Conversion
Kiser Group’s Senior Director Noah Birk and Director Aaron Sklar brokered the transaction of the 29-unit asset in the city's South Shore neighborhood.
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Belgravia Tops Off Luxury Condos in Chicago
Renelle on the River includes 50 units and a yoga room, a game room and an outdoor kitchen. The company is offering virtual tours of the floorplans.
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Chicago Tower Slated to Become Tallest All-Residential Building in City
Lendlease is the contractor for One Bennett Park in Streeterville, which when completed in 2019 will include 70 stories and 69 units.
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Investor Buys Chicago Condos, Plans Conversion
Beal Properties acquired the 117-unit asset for $30 million from Wellington Place Condominium Association.