Deals - Midwest
Cities
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KC Portfolio Scores Acquisition Loan
The two market-rate communities located west of Kansas City add up to 132 units and last traded roughly 15 years ago.
18 September 2018 14:56 -
Income Property Organization Facilitates 308-Unit OH Transaction
The Shaker Square Apartments portfolio encompasses 15 buildings in Shaker Heights. The $18.7 million deal was brokered by IPO’s Paul McHugh.
18 September 2018 14:36 -
JV Buys Recently Built Chicago-Area Senior Housing Property
Virtus Real Estate Capital and Pathway to Living are the new owners of The Grandbrier at Prospect Heights, a 101-unit assisted living and memory care facility in Prospect Heights, Ill.
18 September 2018 14:16 -
Cohen-Esrey Acquires 352-Unit KC Community
The previous owner of the 1986-built property invested close to $2.5 million in renovations and upgrades during the last five years.
14 September 2018 13:17 -
Hunt Real Estate Capital Arranges Refi for Vintage Chicago Asset
The new financing for the 1918-built community will be used to refinance its existing loan, while $1 million will be allocated to capital improvements.
12 September 2018 10:21 -
JVM Realty Snags Suburban KC Asset
Acquired from The Milestone Group, the community is located 20 minutes from downtown Kansas City in Lee's Summit, Mo. Renovations are planned for the property, JVM's 10th in the metro.
11 September 2018 17:18 -
Hunt Midwest Brings Retail Tenants to KS Community
The Vue is a mixed-use luxury property in downtown Overland Park featuring almost 9,000 square feet of retail space.
07 September 2018 13:49 -
Raskin Holdings Sells Nashville Apartments for $50M
Covenant Capital Group picked up the 57-building, 379-unit community, funding the purchase with a five-year, $35 million Freddie Mac loan.
05 September 2018 15:42 -
Nashville Community Changes Hands for $27M
NexPoint Residential Trust acquired the 210-unit suburban Class B garden-style property, financed by a 7-year, $17 million Freddie Mac loan.
05 September 2018 15:07 -
FPA Multifamily Snags Luxury Chicago Community
The Lex, which previously belonged to Crescent Heights, was purchased free of debt. HFF’s Sean Fogarty, Marty O’Connell, Wick Kirby and Kevin Girard brokered the deal.
29 August 2018 16:17 -
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.
29 August 2018 16:01 -
Berkadia Brokers Sale of 156-Unit St. Louis Asset
Michael Sullivan, Ken Aston, Andrea Kendrick and Alex Blagojevich of three different Berkadia offices in the Midwest represented seller Mills Properties in the transaction.
28 August 2018 11:44 -
MI Community Receives $11M Refi
After previously securing acquisition financing for Timberwood Crossing, Cohen Financial has now arranged a HUD-insured loan for the same property. Managing Director Cathy Bronkema worked on behalf of the owner.
24 August 2018 07:12 -
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.
23 August 2018 18:26 -
Top 10 Columbus Multifamily Transactions
The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.
07 August 2018 17:38