Deals - Midwest
Cities
-
Lifespace Sells 2 Senior Communities for $42M
The facilities in Urbandale, Iowa, and Lincoln, Neb., add up to 349 units.
-
Banner Real Estate Picks Up Madison Apartments
JLL provided the buyer of the 191-unit community with $28.3 million in Fannie Mae financing.
-
Spirit Investment, Bascom Group Pay $49M for Chicago Tower
The property last traded five years ago, when the current seller acquired it from KKR.
-
Graycliff Capital Trades Cincinnati Luxury Community for $21M
The 93-unit multifamily asset last changed hands in 2016 for nearly $22 million.
-
Southern Minnesota Affordable Community Sells for $13M
The buyer financed the 144-unit acquisition with a $10.1 million Fannie Mae loan.
-
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
-
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
-
Greystone Closes Sale of Affordable Michigan Community
Located in an Opportunity Zone, the property came online in 2006.
-
HP Ventures Group Pays $21M for Chicago Community
JLL Capital Markets closed the sale of 101 West, a 64-unit property in Barrington, Ill.
-
Continental Properties Lands $47M Refi for Illinois Community
Dwight Capital closed the HUD loan for the firm's 300-unit property in South Elgin.
-
Pathway to Living Tapped to Manage Senior Housing Portfolio
Welltower chose the operating firm to manage properties in Ohio and Illinois totaling 1,105 units.
-
Luxury Colorado Property Gets $61M Refi
Working on behalf of Etkin Johnson Real Estate Partners, JLL Capital Markets arranged the 10-year loan for a garden-style community south of Denver.
-
UMH Properties Pays $10M for Ohio Manufactured Homes
The REIT will invest in infrastructure improvements and filling the remaining vacant sites at the Sandusky community.
-
Greystone Arranges $35M Refi for Wisconsin Senior Portfolio
The loans will go toward improvements at five skilled nursing facilities.
-
Capstone Brokers Sale of Indiana MHC
This is the first time the 660-site community changed ownership since its completion in 1965.