Multifamily news in Market Rate Housing - Chicago
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Hines Tops Off Chicago-Area Tower
The property is situated within Oak Brook Commons, a 16.5-acre master-planned mixed-use development.
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Golub, Petiole Acquire Illinois Community
The joint venture will carry out cosmetic improvements to the 492-unit property in Carol Stream.
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LMC Begins Leasing at Suburban Chicago Community
The Fynn in Elmhurst, Ill., is situated a few blocks from the local commuter rail station.
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Optima Expands Management Portfolio to Chicago
The company will take on property management and leasing for its three Class A rental buildings in the metro area.
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Randolph Street Realty Capital Pays $25M for Chicago-Area Condos
Lawton Realty Group sold 185 apartments at Ashton Condominiums, a 240-unit community in Arlington Heights.
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McHugh Construction Co. Completes 2 Chicago Communities
The firm has finished construction of the 188-unit Westerly and the 800-unit NEMA Chicago.
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MZ Capital Begins Pre-Leasing Suburban Chicago Community
The 112-unit property in Naperville, Ill., is expected to welcome residents in April.
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Kiser Group Arranges Suburban Chicago Sale
Matt Halper, Danny Mantis and Lee Kiser represented both parties in the 80-unit transaction in Lockport, Ill.
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Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
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Suburban Chicago Community Lands $55M Refi
Greystone originated the 35-year, HUD Section 223(f) loan for the 360-unit community in Bloomingdale, Ill.
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Essex Realty Arranges 2 Sales in Chicago’s Lincoln Park
The brokerage worked on behalf of all parties in the sales totaling $14.4 million.
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Rockwell Partners Lands $80M Loan for Chicago Property
Walker & Dunlop arranged the financing for a 1,155-unit condo deconversion project in Glendale Heights.
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Interra Realty Closes 2 Chicago Sales
Senior Managing Partner Brad Feldman represented the buyer and seller in both deals, valued at $5.1 million across 44 units.
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Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
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JV Forges Ahead with Chicago Apartment Project
McCaffrey Interests and The Community Builders are working on the pair of buildings forming part of the Southbridge mega-development.