Finance & Investment - Midwest

  • 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
  • Cleveland Hotel to be Converted Into Senior Housing

    The Lake County Ohio Port and Economic Development Authority completed a $49 million bond financing packaging for Tapestry Wickliffe to transform the building.

    09 November 2017 13:42
  • LMC Opens 344-Unit Music City Community

    The Morris is a luxury mixed-use project that includes 6,373 square feet of street-level retail and restaurant space. The property was built on the site of a country music icon's former office.

    08 November 2017 14:52
  • Passco Nabs 5th Property in KC Metro Area

    Greenwood Reserve, a 228-unit luxury community in Olathe, Kan., traded for $38.3 million. Jeff Stingley of CBRE represented both the buyer and the seller, an affiliated entity of Cityscape Residential. Chris Black and Caleb Marten of KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing through Fannie Mae.

    06 November 2017 17:40
  • Grandbridge Closes Indianapolis Community Refi

    The 493-unit community is situated on the campus of Indiana University–Purdue University Indianapolis. Grandbridge placed the refinancing with Ladder Capital Finance.

    03 November 2017 14:23
  • Pillar Refinances 2 Indianapolis Communities

    The $23.3 million in Fannie Mae loans will pay for green property improvements at Echo Ridge and English Village, two communities located on the southeast side of the city.

    02 November 2017 18:51
  • Twin Cities Affordable Housing Portfolio Sells for $77M

    Investors Aeon, the NOAH Impact Fund and Enterprise Community Investment purchased the 10 properties. The apartments will continue to welcome low-income renters.

    01 November 2017 15:39
  • Affordable NC Property Lands Fannie Mae Financing

    Working on behalf of IPI Properties 11, a partnership between Berkeley Point Capital and Dougherty arranged a $1.2 million acquisition loan for Barden Ridge Apartments, a 48-unit community in Roxboro.

    01 November 2017 15:10
  • Dougherty Funding Closes $11M Minneapolis Refi

    The property is located in the Whittier neighborhood, between uptown and downtown, and is one block from Minneapolis Institute of Art and Minneapolis College of Art and Design.

    31 October 2017 15:35
  • Berkadia Completes Sale, Secures Financing for MO Property

    The Links at Parkville Apartments is a 244-unit multifamily asset in Parkville, near Kansas City. Senior Director Michael Sullivan, Director Brett Meinzer and Managing Director Alex Blagojevich worked on behalf of the seller.

    31 October 2017 09:27
  • Calmwater Capital Provides Financing for MI Student Housing

    The $12.7 million loan will go into acquiring and upgrading a 144-unit community near Oakland University in Auburn Hills, Mich. The owners are Andover Real Estate Partners and M Group.

    26 October 2017 11:57
  • Meridian Arranges Loan for MI Luxury Property

    The 10-year fixed-rate CMBS financing was secured on behalf of The Harrison, a community located in Royal Oak, Mich.

    25 October 2017 00:30
  • 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
  • IMT Capital Snags TN Community

    The company purchased the 386-unit ALARA Cool Springs, located in the Nashville submarket of Franklin, from American Realty Advisors. Cushman & Wakefield represented the seller in the transaction.

    11 October 2017 14:10
  • Michaelson Lands 2nd TN Community in Less Than a Month

    Michaelson Real Estate Group and Eklund Development acquired Viera Cedar Bluff, a 184-unit community in Knoxville. The deal is part of a portfolio that also included 520-unit community The Metropolitan.

    10 October 2017 21:37