Market Rate Housing - Midwest
Cities
-
On the Market: 5 Interesting Listings for the Week of 6/11
This week's listings include a rehabilitated historic asset in St. Louis and a newly constructed community in Las Vegas' Spring Valley.
15 June 2018 15:00 -
JV Grabs Nashville Apartments for $45M
Admiral Capital and Security Properties purchased the 240-unit property from Venterra Realty, which had acquired the asset in 2012 for $27.7 million.
13 June 2018 19:30 -
Essex Realty Group Brokers IN Community Sale
Mayfield Apartments, a 52-unit, garden-style community near Valparaiso University in Porter County, changed hands for $2.7 million.
11 June 2018 12:09 -
On the Market: 5 Interesting Listings for the Week of 6/4
This week's listings include an upscale community six miles from the Las Vegas Strip, a privately owned property in Phoenix's growing South Mountain Village area, and more.
08 June 2018 17:01 -
Radco Acquires 1,400 Units in Suburban Indianapolis
A major private capital player, the company financed the acquisition using its private capital platform, as well as debt furnished by BBVA Compass.
07 June 2018 18:35 -
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 -
Top 10 Twin Cities Multifamily Transactions
The market’s strength has attracted a number of out-of-state investors such as TIAA, FPA Multifamily and Mapletree US Management that paid significant prices for top communities in the area.
05 June 2018 10:23 -
Revitalizing Kansas City’s Columbus Park
Known as the metro's “Little Italy,” the neighborhood is one of several areas near downtown to welcome innovative redevelopment initiatives.
04 June 2018 17:33 -
Top 10 Apartment Owners in Kansas City
As rising apartment prices in the city's metro area have tempered investment activity in the multifamily sector, many of the top property owners continue to be local companies.
25 May 2018 15:02 -
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 -
Marcus & Millichap Arranges Sale of Uptown Minneapolis Asset
Colfax Avenue traded for $1.4 million. GLT Partners’ Mox Gunderson, Dan Linnell, Josh Talberg and Abe Roberts acted on behalf of the seller and also secured the buyer.
23 May 2018 12:24 -
Emma Capital Lands $64M Indianapolis Portfolio Deal
The three properties total 849 units and represent the first purchase the company completed in this market. Renovation work will begin once the final transaction closes.
18 May 2018 16:53 -
Terra Properties Nabs St. Louis-Area Community
The firm financed the acquisition of the 128-unit market-rate asset with a $510,000 Fannie Mae loan originated by Dougherty Mortgage.
18 May 2018 15:05 -
St. Paul Community Attracts High Investor Competition
Marcus & Millichap arranged the sale of Priscilla Street Villas, an 11-unit apartment building in Saint Paul, Minn. The property was sold for an amount above the asking price.
17 May 2018 10:11 -
Timberland Breaks Ground on MN Asset
The 222-unit Elevate at SouthWest Station Apartments, located in the Twin Cities suburbs, is scheduled for completion by August 2019.
17 May 2018 09:32