Deals - Midwest
Cities
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St. Paul Community Attracts High Investor Competition
Marcus & Millichap arranged the sale of Priscilla Street Villas, an 11-unit apartment building in Saint Paul, Minn. The property was sold for an amount above the asking price.
17 May 2018 10:11 -
Mills Properties Trades St. Louis Community
Brass Enterprises picked up the 178-unit Class A luxury property, which opened in 2016 and includes a Whole Foods Market on the ground floor.
15 May 2018 16:30 -
Greystone Provides $36M for MI Asset
Gables of Troy, a 544-unit community in metro Detroit, will receive a HUD-insured Green Rewards refinancing loan.
15 May 2018 14:27 -
NHI Acquires Ohio Senior Housing Portfolio for $70M
Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.
07 May 2018 15:26 -
Berkadia Brokers Midwest Portfolio Sale
The four communities are located in Illinois, Indiana and Wisconsin and sold for $41.5 million. Alex Blagojevich, Ralph DePasquale, Chris Bruzas and Parker Stewart represented the seller.
04 May 2018 14:14 -
306-Unit Community Trades Near Indianapolis
Tikijian represented the seller, developer and manager of the asset. Flaherty and Collins will take over property management on behalf of the new owner.
03 May 2018 20:01 -
Interra Realty Arranges Chicago Community Sale
Managing Partner Brad Feldman and Director Adam Saxon represented the buyer of a vintage 32-unit building located in the Uptown neighborhood.
02 May 2018 14:31 -
Prism Picks Up KC Community
The property consists of 54 three-bedroom townhome units, each containing an attached garage and more than 1,500 square feet of living space.
18 April 2018 17:24 -
Tandem Partners, Rambaud Holdings Plan New Chicago Community
Marcus & Millichap brokered the $11.4 million sale of the mixed-use building and site in the River West neighborhood where the apartment tower will be constructed.
18 April 2018 14:56 -
Praedium Group Snags Minneapolis Community
Maverick North Loop Apartments comprises 168 units across two buildings and 5,095 square feet of ground-floor retail, half of which is currently leased to Starbucks.
10 April 2018 14:20 -
Salt Lake City-Area Community Changes Hands for $32M
Buchanan Street Partners has acquired the 160-unit Pinnacle Fort Union property as a value-add investment.
05 April 2018 13:31 -
Andover Real Estate, M Group Pick Up MI Asset
The buyers financed the acquisition with a $16 million Fannie Mae Green Rewards loan originated by Hunt Mortgage Group.
03 April 2018 14:55 -
GEM Property Management Exits St. Louis in $180M Sale
The nearly 2,000-unit portfolio sale is the largest multifamily transaction in the city’s history, encompassing six communities in southern St. Louis County.
29 March 2018 20:51 -
Top 10 Chicago Multifamily Transactions in 2017
Although relatively quiet for a gateway market during the first half of 2017, the city's apartment sector picked up in the second half of the year, marked by several $100 million-plus transactions.
27 March 2018 09:26 -
Interra Realty Closes Sale of Vintage Chicago Community
The 12-unit Avondale multifamily property sold for $2.8 million. The price per unit set a new record for vintage apartment buildings in the neighborhood.
22 March 2018 12:39