Midwest
Pebb Capital Sells Kansas Student Housing Property
The firm purchased the asset back in 2014 and undertook major renovations to the interiors and exteriors.
Passco Pays $40M for Knoxville Community
The 220-unit Class A multifamily asset, which was completed last year, was 90 percent occupied as of September.
Capstone Apartment Partners Arranges North Tennessee Sale
The 32-unit property changed hands with help from the company’s Adam Klenk, Jonathan Hawks and Tyler Mayo, who represented seller Cove Residential in the deal.
Suburban Chicago Property Changes Hands
Broadshore Capital Partners leveraged its value-add experience to upgrade and sell Fairways of Naperville.
Nashville’s 2nd Tallest Building Refinances
TIAA provided Giarratana Development with a $77 million loan for the high-rise, which contains 350 apartments in addition to condominium units, a hotel and retail on the lower floors.
IMT Capital Lands $53M Refi for Nashville Asset
CBRE provided the Freddie Mac financing to the owner of the 330-unit community, retiring a previous $43 million loan.
Minneapolis’ Tallest Luxury Condo Tower Breaks Ground
Setting a record for the state, the 41-story high-rise has received nearly $190 million in financing from Related Fund Management and Bank OZK.
Affordable Nashville Community Lands Refi
Pathway Lending originated the nearly $5 million financing package, which pays down a prior HUD loan from Greystone.
Chicago’s The 78 Gets in Gear
Related Midwest’s Curt Bailey tells how the $7.2 billion megadevelopment will reshape the workplace and urban living in the Windy City.
Student Housing Community Wraps Up in Detroit
Developer Corvias and Wayne State University have finished the second phase of the 841-bed project.