Development - Midwest

JV Buys 649-Bed KY Student Housing
Campus First Student Living and CF Real Estate Services acquired The LEX, a 266-unit community serving students attending the University of Kentucky.
Student Housing
Chicagoland, Boston Senior Living Communities to Break Ground
Deploying a budget of $64.5 million, Capital Senior Housing will develop two new assets comprising more than 150,000 square feet and nearly 180 apartments in Glenview and Andover.
Senior Housing
FOURMIDABLE Opens 3 Communities in TN, MS
The company completed Turnrow in Somerville, Tenn., as well as Tall Oaks in Verona, Miss., and Fountain Square in Columbus, Miss., all of which are affordable properties.
Affordable

Cities

  •

    Loukas Kicks Off Construction at Chicago Luxury Tower

    The 148-unit building will be located in the Greektown neighborhood of Chicago’s West Loop. Additionally, the property will offer 7,500 square feet of retail space.

    11 October 2017 10:50

  • Tribune Media Unveils Chicago River District Master Plan

    The redevelopment plan by the firm's subsidiary Tribune Real Estate Holdings calls for the conversion of 37 acres of underused industrial land into a dynamic neighborhood that could accommodate 19,000 jobs and 5,900 residential units.

    09 October 2017 15:55

  • Unveiled: Wilmette’s First New Rental Property in a Decade

    M&R Development and Globe Corp. developed the new Residences of Wilmette, in Wilmette, Ill. The community was built to achieve LEED Silver certification and is located within commuting distance to Chicago.

    09 October 2017 15:20

  • Historic Lafayette Park’s First Luxury Community in 40 Years

    DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.

    04 October 2017 15:21

  • Dougherty Mortgage Closes $32M Loan for MN Community

    The financing will be used to build Union Flats, a 217-unit affordable housing property in St. Paul. The community will be built on a site currently occupied by the Hunt Electric Corp. building.

    02 October 2017 15:04

  • Fifield Fetes Grand Opening of The Sinclair in Chicago

    The luxury rental community adds a large slate of upscale units to Chicago's Gold Coast neighborhood, spurring talk of a resurgence.

    22 September 2017 15:17

  • JV Breaks Ground on Upscale Dayton-Area Apartments

    Mills Development and Hills Properties began work on a 312-unit community adjacent to Cross Pointe Shopping Center in Centerville, Ohio. The project will be known as Allure Luxury Apartments.

    21 September 2017 14:10

  • JV Secures $130M Senior Loan for Minneapolis Condos

    Provident Real Estate Ventures and Shamrock Properties Inc. will develop The Legacy, a 374‐unit property that will include an eight‐story podium with a 14‐story and a 17‐story tower, along with three levels of subterranean parking.

    19 September 2017 18:16

  • IRET Buys in Hot Twin Cities Market

    The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.

    18 September 2017 17:49

  • Chicago’s Woodlawn: A Success Story in the Making

    In the last few years, the long-struggling neighborhood has seen robust construction activity in the housing and retail sectors. Nonprofit developer POAH together with the city of Chicago have initiated a series of affordable housing projects meant to transform the community and trigger other residential, educational and cultural developments.

    13 September 2017 10:55

  • Civitas, Guttman to Develop Ohio Senior Housing

    The Grand of Sugarcreek in Dayton will offer 220 independent-living, assisted-living and memory-care units. Construction is slated to start in the first quarter of 2018.

    08 September 2017 14:01

  • EdR Goes Into The Woods at Northern Michigan U

    Scheduled for completion in 2018, the $75.4 million public-private partnership will create 1,229 beds on the Upper Peninsula campus.

    05 September 2017 22:29

  • U of Kansas Boosts Student Housing Capacity

    The four-building project will offer 1,238 beds serving the University of Kansas. This marks the company’s largest project and the first one in Kansas.

    05 September 2017 16:28

  • XFD Unveils IL Student Housing Community

    In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.

    30 August 2017 16:09

  • Construction Begins on Cleveland Affordable Housing

    Detroit Shoreway Community Development Organization is starting work on Aspen Place, a development in the Cleveland EcoVillage. The company plans to achieve a near-50 percent reduction in energy demand compared to minimum requirements.

    30 August 2017 08:26