Deals - Midwest
Cities
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OZ Impact Funds Spends $100M on MHC Portfolio
The deal comprises 21 communities located in Wisconsin, Nebraska, Illinois, Indiana and Kentucky.
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Kiser Group Arranges Suburban Chicago Sale
Matt Halper, Danny Mantis and Lee Kiser represented both parties in the 80-unit transaction in Lockport, Ill.
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Foundry Commercial JV Buys Kansas City Senior Community
Built in 2015, the community offers 120 assisted living and memory care units across 100,000 square feet.
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Marcus & Millichap Arranges Chicago Apartment Sale
Kyle Stengle and Steve Rachman assisted the seller and procured the buyer of a 31-unit community in Lincoln Park.
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Colorado Asset Changes Ownership in $47M Deal
Lynd Acquisitions Group purchased a 288-unit community in Colorado Springs, which has seen increased in-migration during the pandemic.
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Spruce Properties Expands to Iowa with $57M Portfolio Buy
The six communities comprising some 500 units are scattered across suburban Des Moines, in Ankery, Waukee and Polk City.
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Essex Realty Arranges 2 Sales in Chicago’s Lincoln Park
The brokerage worked on behalf of all parties in the sales totaling $14.4 million.
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Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
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Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
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Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
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Avenue Living Expands US Holdings With $40M Kansas City Buy
The seller purchased the 342-unit portfolio in 2017 from GoldOller Real Estate Investments.
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Kiser Group Arranges Chicago Condo Deconversion Sale
Andy Friedman, Jake Parker, Danny Logarakis and Rick Ofman arranged the sale of the 28-unit Rogers Park community.
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Detroit Builder Lands $79M Loan for Luxury Project
Asia Capital Real Estate provided the bridge financing for the final phase of the development by City Club Apartments.
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Kiser Group Brokers Sale in Chicago’s South Shore
Partners Noah Birk and Aaron Sklar arranged the sale of the apartment community at a record per-unit price for the neighborhood.
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JV Buys Suburban Kansas City Community for $48M
Fogelman Properties sold the 254-unit Savoy Luxury Apartments in Overland Park, Kan., after a seven-year ownership.