Market Rate Housing - Midwest
Cities
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McDowell Properties Sells Multifamily Portfolio
Cushman & Wakefield facilitated the sale of the three assets, which included a total of 697 units in Kentucky and Mississippi.
11 June 2019 20:08 -
Kansas City Community Changes Hands
Prosperity CRE purchased an 80-unit property located some 8 miles from downtown. After renovations and upgrades, the property will be rebranded as Hidden Hills Apartments.
10 June 2019 15:44 -
Knoxville-Area Opportunity Zone Project Lands Financing
Walker & Dunlop originated the $21 million financing package through HUD, combining a two-year construction loan with a long-term mortgage.
10 June 2019 15:24 -
Artisan Capital Group Buys Downtown KC Portfolio
Besides facilitating the sale, HFF arranged a $51.1 million financing which included a $38.8 million Fannie Mae loan and $12.3 million in joint venture equity.
07 June 2019 20:51 -
Greystar Takes $72M Construction Financing in Nashville
Northwestern Mutual provided the seven-year mortgage to fund development of the 300-unit high-rise in The Gulch, a hotbed of development activity in the city center.
07 June 2019 10:15 -
TLC Management Acquires Chicago-Area Apartments
HFF marketed Prairie Winds, a townhome-style community in St. Charles, Ill., on behalf of the seller. The property was completed last year.
05 June 2019 14:33 -
Trio of Midwest Communities Commands $100M
With this acquisition, The Habitat Co. enters the Minnesota market while expanding its multifamily portfolio in Michigan to more than 2,500 units.
04 June 2019 13:32 -
Berkadia Arranges HUD Loan for Midwest Portfolio
Millennia Cos. will use the $34.3 million financing for substantial renovations to a pair of apartment communities in an Illinois city on the Iowa border.
03 June 2019 14:46 -
New Minneapolis Community Trades for $25M
Roers Cos. sold Mezzo, a 110-unit property in the city’s Arts District. JLL originated a $16.2 million loan for the new owner.
03 June 2019 11:26 -
Morgan Properties Buys TN Apartments for $27M
Berkadia provided the buyer of the 212-unit, Class B community in Nashville with more than $23 million in Freddie Mac acquisition financing.
31 May 2019 12:36 -
Berkadia Brokers Sale of 261 Units in the Midwest
The company’s Chicago investment sales team facilitated two deals involving the 128-unit Franklin Park Apartments in Milwaukee and Highland Pointe, a 133-unit multifamily property in Indianapolis.
22 May 2019 06:37 -
Pacific Equities Sells Nashville Apartments
The acquisition of the 160-unit community marks the buyer’s fifth purchase in the metro since 2015. Berkadia provided the new owner with more than $11 million in Fannie Mae financing.
20 May 2019 10:59 -
STAR Real Estate Ventures Lands $323M Refi for 13-Property Portfolio
Berkadia arranged a 7-year, fixed-rate loan for each property in the portfolio, which totals nearly 4,000 units across seven states throughout the Southeast and Midwest.
15 May 2019 13:48 -
$80M Financing Awarded to Metro Nashville Property
KeyBank originated Freddie Mac financing for Lifestyle Communities to refinance a 580-unit asset in Murfreesboro, roughly 35 miles from Nashville.
03 May 2019 12:58 -
Detroit-Area Community Scores $23M Refi
Berkadia secured a 15-year Fannie Mae loan for the 180-unit garden-style property located less than 5 miles from downtown Rochester.
03 May 2019 10:15