Midwest
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.
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.
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.
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.
Alpha Wave Expands in Utah
The company acquired the 94-unit Park Station Apartments, located in the Salt Lake City submarket of Midvale.
JV Nabs Apartments in Chicago’s Printers Row
Draper and Kramer and Intercontinental Real Estate acquired Burnham Pointe, which includes 298 units and 255 parking spaces.
Bellwether Enterprise Closes $21M in Financing for OH, VA Properties
The deals were part of a larger $38 million financing package that included a hotel and business center.
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.
Grandbridge Finances $52M Student Housing Acquisition
The 264-unit student housing property with 538 beds is located within a mile of a large Midwestern university.
JLL Hires Midwest Multifamily Services Expert
Matt McCune is an investment sales professional with more than 10 years of experience. In his new role as senior vice president, he will advise on multifamily asset sales around central Ohio.