Deals - Midwest
Cities
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CBRE Facilitates $11M Michigan Sale
Peak Capital Partners is the new owner of Arbors of Georgetown, a 160-unit affordable housing property in Landing. Jim Flinn arranged the financing, while Ben Barker assisted the seller.
05 August 2019 13:06 -
Luxury Nashville Community Sells for $69M
KeyBank provided buyer Bluerock Real Estate with a seven-year, $48 million Freddie Mac acquisition financing package for the 334-unit Class A community.
05 August 2019 12:18 -
West Shore Acquires 230-Unit Kentucky Asset
The 14-building community, located in Lexington, Ky., is the company's third major acquisition in the Bluegrass State.
25 July 2019 13:00 -
Steele Properties Buys Columbus Affordable Community
The firm has expanded its portfolio with the acquisition of a 112-unit property. The asset will receive more than $44,000 per unit in hard cost rehabilitation.
24 July 2019 16:52 -
Madison Marquette, GFH Financial Group Buy 6-Building Senior Housing Portfolio
The joint venture purchased properties located in California, Washington and Michigan totaling 509 units.
24 July 2019 13:03 -
Monument Capital Management Expands Chicago-Area Portfolio
The company purchased Townhomes at Highcrest in Woodbridge as part of Monument Opportunity Fund IV and is planning capital improvements for all the buildings.
23 July 2019 14:06 -
Strawberry Fields Pays $15M for IL Skilled Nursing Facility
The current tenant of Landmark of Des Plaines, which leased the property at the beginning of 2018, will continue to operate under its 10-year lease.
15 July 2019 13:56 -
Pizzuti Renovates, Expands Columbus Community
The first phase in the company's redevelopment effort at the former Grant Oak Apartments is underway. Phase two is slated to begin this fall.
12 July 2019 12:52 -
NorthMarq Arranges KS Portfolio Transaction
Senior Vice President & Managing Director Jeff Lamott facilitated the sale of three multifamily assets in Topeka. Vertex Investments is the new owner of the 216 units.
12 July 2019 06:46 -
Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
11 July 2019 12:40 -
Top 5 Multifamily Transactions in Nashville
Several major deals have closed so far this year, with the bulk of sales including older assets in one quadrant of the metro.
10 July 2019 05:00 -
Berkadia Arranges Indianapolis Community Sale
Director Chris Bruzas and Senior Managing Director Alex Blagojevich negotiated the deal on behalf of the seller, Barrett Asset Management.
08 July 2019 08:05 -
Essex Realty Group Brokers Chicago Community Deal
The buyer paid $5.4 million for a 41-unit building in Logan Square neighborhood. Doug Imber, Kate Varde, Clay Maxfield, Jim Darrow, Jordan Gottlieb and Jordan Multack facilitated the sale.
04 July 2019 06:19 -
2-State Portfolio Lands $125M Loan
Greystone originated the Fannie Mae financing for the 1,383-unit portfolio across Pennsylvania and Kentucky. As part of the recapitalization effort, Bayshore Properties has taken a 50 percent stake in the assets.
28 June 2019 12:51 -
KY Community Trades for $14M
Vazza Real Estate Group purchased the 292-unit multifamily property in Louisville, with HFF securing acquisition financing through Starwood Mortgage Capital.
26 June 2019 14:50