Midwest
Horizon Realty Group Welcomes Residents to Chicago Community
The 40 units on the south side of The District @ Sheridan in Edgewater are open while 40 more units are to be completed by May.
Nashville Four Seasons Project Scores $360M Financing
HFF arranged the funding on behalf of The Congress Group and AECOM Capital, developers of the 542-foot-tall tower that will feature luxury condominiums.
Tennessee Portfolio Changes Hands
Monarch Investment & Management Group purchased the five communities totaling 665 units in Jackson. The previous owner, McDowell Properties, had invested more than $3 million in capital improvements.
Wisconsin Housing Project Scores LIHTC Financing
Monarch Private Capital has partnered with KCG Cos. to redevelop an old tannery in downtown Sheboygan into a $28 million, 149-unit affordable apartment community.
CS Acquisition Group Sells 272-Unit IN Community
The Lakewood, N.J.,-based company sold a 16-building multifamily asset in Beech Grove to a private investor. The property was 95 percent occupied at the time of sale.
Detroit Adds 54 Units for Low-Income Seniors
The development is part of Bedrock’s agreement with the City of Detroit to build and preserve 700 affordable housing units over the next several years.
Top 10 Apartment Owners in Columbus
The metro region’s multifamily owners are focused on investing in the capital city itself, though that may change.
$79M Mixed-Use Project Coming to Suburban Denver
A joint venture of Northstar Commercial Partners, Milender White and Canyon Partners Real Estate will break ground this month on a 216-unit community in Aurora, Colo. The development will also include 36,000 square feet of retail.
Hamilton Zanze Acquires MO Community
Located in Independence, Cornerstone offers 420 units and will undergo a capital improvement plan that will enhance its business center and clubhouse, as well as adding new amenities.
Student Housing Portfolio Near Purdue Trades for $34M
The 528-bed portfolio located in West Lafayette, Ind., was acquired in a joint venture between Muinzer and South Street Capital.