Midwest
MN Apartments Change Hands in $95M Deal
MLG Capital and SAS sold a 698-unit community in suburban Minneapolis, three years after acquiring the property for $41 million.
What Stands Out in Chicago’s Luxury Multifamily Market?
As the city’s high-end housing stock becomes increasingly diversified, developers are more committed to serving residents’ needs. Optima President Tara Hovey shares the story behind one of the company’s successful projects.
Greystone Secures $32M Refi for IN Community
The 304-unit pet-friendly residence is situated close to Metropolis Mall and to other various shopping, dining and entertainment venues.
Interra Realty Brokers Sale of Vintage Chicago Community
An affiliate of LEM Equities paid $2.9 million for the mixed-use building. The deal resulted in one of the highest per-unit prices in the Bucktown neighborhood.
What’s Ahead for Indianapolis
J.C. Hart Co.’s president provides insights into the metro’s development and investment scene, pointing out that oversupply may soon be a factor.
Nonprofit Expands IL Footprint With 569-Unit Buy
Lynd Co. arranged the acquisition of Timber Oaks in Ingleside and Prairie View in Woodstock on behalf of Invest in America’s Veterans Foundation.
Fully Occupied Community Trades in OH
Franklin’s Crossing has 61 units and is located in Northwest Columbus in an area with several shopping and entertainment centers nearby.
CA Ventures Adds New VP
Taylor Gunn brings many years of experience in student housing analytics. She will lead the company’s market research and development strategies across Europe.
Twin Cities Occupancy Rates Remain Sky-High
Favorable demographic and employment trends sustain strong multifamily demand across the metro, where rent growth continues to outperform the national average.
Affordable Cincinnati Community Changes Hands
Related Cos. purchased Alms Hill for $3.2 million. Originally completed in 1925, the 200-unit asset in Walnut Hills once served as a luxury hotel.