Finance & Investment - Chicago

  • Multifamily Investment 2018: Use a Scalpel—Not a Machete—to Find Value

    As value-add multifamily deals in primary markets continue to be rare finds, more investors are likely to seek yields in non-core locations this year, predicts Bryan Sullivan, vice president of acquisitions and development at The Habitat Co., in his MHN-exclusive industry outlook.

    15 January 2018 20:09
  • TGM Expands Chicago-Area Holdings

    Built in 1991, Crossings at Danada, in Wheaton, Ill., is a 600-unit garden-style community that spans 27 buildings.

    17 November 2017 16:27
  • The Habitat Co. Acquires 3 Chicago Properties

    The properties, totaling 498 units, are Renaissance West in Logan Square and Lyndale Place in the Bucktown area, both on the Northwest Side, and York Terrace Apartments in the South Side’s Prairie District.

    13 November 2017 15:22
  • 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.

    17 October 2017 15:22
  • 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
  • Affordable Indiana Community Lands Refi

    The $6.6 million loan will be used to refinance Woodland East Apartments, a 224-unit affordable housing property in Michigan City.

    05 October 2017 13:10
  • Thrive Acquires 2 Senior Housing Properties, Launches Sister Firm

    The acquisition expanded the company’s senior housing portfolio to four assets, which drove the firm to launch a new division—TFP Senior Living—headed by Anthony Fulco.

    27 September 2017 15:41
  • Arbor Realty Appoints New VP

    Sam Gold will be in charge of Freddie Mac SBL, Fannie Mae and FHA loan originations for clients in the Midwest. He will be based in the company’s Chicago office.

    21 September 2017 09:06
  • Capital One Refinances Illinois Nursing Facility

    The $21.5 million fixed-rate HUD loan will be used to refinance Avantara Long Grove, a senior nursing facility in Long Grove, Ill.

    14 September 2017 15:15
  • ARA Adds New SVP to Chicago Team

    James Mitchell, who brings with him 30 years of experience in real estate, will be responsible for overseeing the firm’s sales and client relationships.

    11 September 2017 17:25
  • On the Market: 5 Interesting Listings for the Week of 8/28

    This week's listings include a newly renovated property in Whittier, Calif., with an abundance of amenities and a historic asset with original 1912 architecture in the trendy Portland neighborhood of Hollywood.

    01 September 2017 15:32
  • Habitat Lands, Assumes Management of Chicago Asset

    The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.

    21 August 2017 17:40
  • Michigan Ave. Tower Scores $150M Refi

    MILA, an upscale 402-unit property in Chicago’s East Loop, was developed by a joint venture led by John Buck Co. Proceeds will refinance the construction loan.

    18 August 2017 10:36
  • Monument Capital Management Enters Illinois Market

    The Residences at 1550, located in the Chicago suburb of Mount Prospect, include 509 one-, two- and three-bedroom garden- and townhome-style units. The property will be managed by the firm’s sister company, Monument Real Estate Services.

    02 August 2017 13:37
  • Chicago Student Housing Tower Changes Hands

    University Center Chicago, acquired by AXA Investment Managers - Real Assets and Blue Vista Capital Management, totals 1,732 beds and is proximate to 22 universities.

    25 July 2017 16:39