Market Rate Housing - Chicago

  • On the Market: 5 Interesting Listings for the Week of 4/2

    This week's listings include a historic luxury community in Iowa and a property near Lake Michigan's southernmost point.

    06 April 2018 14:26
  • 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
  • North Park Ventures Plans Chicago Conversion

    Interra Realty brokered the $13.7 million sale of the mixed-use building located near Wrigley Field. All 30 condominiums will be converted into rental apartments.

    07 March 2018 20:52
  • Castle Lanterra Sells $50M Chicago Community

    The 424-unit Midpointe underwent extensive upgrades to both the interiors and exteriors, including the addition of a resident lounge and fitness center created from underutilized storage space.

    01 March 2018 14:26
  • Chicago’s Hartman Building Lands $45M Financing

    Walker & Dunlop arranged the construction loan through HUD. The funds will go into turning the office building into a multifamily property.

    16 February 2018 16:40
  • Kiser Group Brokers Chicago Community Deal

    The firm’s Principal & Managing Broker Lee Kiser together with Broker Associate Rick Ofman represented the seller in the $3.6 million transaction.

    18 January 2018 19:43
  • TAWANI Develops Chicago Asset

    Located in the city’s Rogers Park neighborhood, the building will feature 45 apartments across five stories, as well as three floors utilized for parking.

    13 December 2017 18:56
  • Lexington Homes Begins Sales at Chicago Community

    Lexington Heritage in Arlington Heights, Ill., offers 48 homes in two styles, the Mews Collection of three-level rowhomes and the Club Collection of two-story townhomes.

    10 November 2017 15:45
  • Apartment Investment Advisers Brokers Sale of Vintage Community

    The sale of the 67-unit mid-rise apartment building located within the city’s Uptown neighborhood closed at $8.3 million. The new owner plans to transform the vintage apartments into luxury units.

    26 October 2017 11:45
  • 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
  • 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
  • Company Spotlight: Kiser Group

    After a strong year, which translated into $144 million in closed transactions, principals Estella and Lee Kiser have decided to focus on company re-branding, culture and staff retention in 2017.

    28 August 2017 13:06
  • Meridian Capital Secures $23M for Illinois Community

    The equity and bridge financing was obtained on behalf of Odessa Partners and used for the purchase of Stratford Trails, a community in Glendale Heights, Ill. The buyer intends to upgrade the asset.

    25 August 2017 10:45
  • 29SC Acquires 6th Chicago Community

    The asset, Wooded Isle Apartments, is located in Hyde Park, only eight miles from downtown. The community offers 75 units.

    23 August 2017 09:21