Market Rate Housing - Midwest
Cities
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Timberland Partners Sells Omaha Community
Vukota Capital secured a $24.7 million bridge loan to acquire and renovate Legacy Crossing, a 408-unit garden-style property in the city’s North Central submarket.
07 August 2018 15:30 -
J.C. Hart Acquires 102-Unit Indianapolis Community
Built in 2016, The Flats at Switch offers more than 9,800 square feet of retail space and was more than 90 percent occupied as of June.
06 August 2018 11:07 -
MACC JV Grabs TN Portfolio
Hyde Capital Group traded the two communities, totaling 456 units, for more than $32 million. The new owner plans to renovate both assets.
03 August 2018 06:31 -
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 -
Columbus Community Changes Hands
The buyer took out a 10-year Freddie Mac acquisition mortgage to finance the transfer. Pinnacle Financial originated the loan.
31 July 2018 14:49 -
OH Community Lands Refi
Trilogy Real Estate refinanced the 292-unit Class B asset with a $28.2 million Fannie Mae loan originated by CBRE Capital Markets.
31 July 2018 14:39 -
Detroit to Welcome $102M Brush Park Developments
Brush House, Brush 8 and Brush + Watson will bring 367 new units to to the city's historic neighborhood. About one third of the units will be affordable.
30 July 2018 13:27 -
AMG Realty Offloads Ohio Community
A private investor acquired the 66-unit asset in Columbus’ North Linden submarket for $2.1 million. This marks the community’s second ownership transfer this year.
26 July 2018 16:30 -
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 -
Marcus & Millichap Brokers MN Property Sale
Evan Miller of the company’s Minneapolis office and the firm’s national group sold The Hillcrest Apartments in South St. Paul.
20 July 2018 13:04 -
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 -
Top 10 Largest Multifamily Completions in Indianapolis
Despite two strong years for inventory growth, demand for new units has continued to grow across the metro, putting pressure on builders. Overall, rental projects have stayed moderate in size—up to 250 units.
10 July 2018 13:12 -
Lion Real Estate Roars Into Nashville
The company acquired the 1973-built Highland Cove, a 206-unit property that traded for $16.6 million in an off-market transaction.
10 July 2018 13:08 -
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