Market Rate Housing - Chicago
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Chicago-Area Community Trades for $131M
FPA Multifamily picked up the 758-unit asset, financing the acquisition with a 12-year, $95 million Fannie Mae mortgage originated by Berkadia.
29 October 2018 14:58 -
Berkadia Facilitates $49M Financing for Chicago Redevelopment Project
The company arranged a non-recourse renovation loan with Granite Point Mortgage Trust on behalf of developer CEDARst Cos.
25 October 2018 14:43 -
Hunt Finances Chicago Multifamily Portfolio
The two Freddie Mac loans total $7.4 million and were secured for financing the acquisition of 90 units located across the Bronzeville neighborhood.
12 October 2018 13:42 -
Kiser Group Reps Buyer of Chicago Multifamily Portfolio
The two properties are located in Evanston and used to belong to Stephen Matic. Danny Mantis and Lee Kiser represented the buyer in the $17 million deal.
19 September 2018 17:05 -
Hunt Real Estate Capital Arranges Refi for Vintage Chicago Asset
The new financing for the 1918-built community will be used to refinance its existing loan, while $1 million will be allocated to capital improvements.
12 September 2018 10:21 -
On the Market: 5 Interesting Listings for the Week of 9/7
This week's list includes one of the few lakefront properties available in Chicago; a high-end asset in Santa Barbara, Calif.; and more.
07 September 2018 17:25 -
Interra Realty Closes New Chicago Deal
The multifamily property is located in the Edgewater neighborhood and sold for $2.1 million, after having recently been renovated by the seller.
23 August 2018 18:26 -
CA Ventures Opens Chicago South Loop Community
The 320-unit Eleven40 bears the signature of designer SCB, with interiors by BKV Group. The community is currently 85 percent occupied.
09 August 2018 07:59 -
Monument Capital Acquires 2nd Chicago-Area Property
The 222-unit community is located in Mount Prospect, Ill., across the street from the company’s other asset, purchased in the summer of 2017.
02 August 2018 13:09 -
Kiser Group Brokers South Chicago Multifamily Sales
Noah Birk and Aaron Sklar have facilitated the sale of a four-building portfolio and three other multifamily assets.
26 July 2018 12:39 -
Interra Closes 3 Chicago Sales
The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.
17 July 2018 13:28 -
Fifield, Terraco Break Ground in Chicago
Dubbed Logan's Crossing, the building in Logan Square will feature 220 units and a 27,000-square-foot Target store, in addition to other commercial tenants on the ground floor. The residential component is slated to open in November 2019.
27 June 2018 15:27 -
Interra Realty Sells 2 Chicago Assets
The buildings, which changed hands for a combined $16.5 million, are located along Broadway Avenue in the Edgewater neighborhood.
25 June 2018 18:20 -
Marquette Cos. Scores $56M for Chicagoland Deal
HFF facilitated acquisition financing for Willow Creek, a 14-building community in Elk Grove Village, Ill. Calling the property "a diamond in the rough," Marquette plans extensive upgrades.
05 June 2018 14:45 -
Eyzenberg & Co. Arranges Financing for Chicagoland Community
The owner, a joint venture between Auerbach Funds and Sinatra & Co. Real Estate, will use the money to pay off initial acquisition loan and continue renovation work.
24 May 2018 12:54