Midwest
Marcus & Millichap Arranges Chicago Community Sale
The new owners, a group of private investors based in California, are set to convert the property into rental apartments and improve the rooftop deck.
JV Grabs Nashville Apartments for $45M
Admiral Capital and Security Properties purchased the 240-unit property from Venterra Realty, which had acquired the asset in 2012 for $27.7 million.
Hunt Mortgage Group Refinances Suburban Chicago Property
The company provided $26 million for Riverwood Apartments in Lansing, which includes 354 units and 500 parking spaces.
JVM Acquires Luxury Kansas City Community
The 340-unit property is located near the city’s Power & Light District as well as the CBD and represents JVM’s ninth high-end asset in Kansas City.
Essex Realty Group Brokers IN Community Sale
Mayfield Apartments, a 52-unit, garden-style community near Valparaiso University in Porter County, changed hands for $2.7 million.
Asset Campus to Manage MI Student Housing
Located a stone’s throw from the University of Michigan campus in Ann Arbor, 411 Lofts came under new ownership in February.
Construction Underway on IL Student Housing
After acquiring the site back in 2017, Gilbane Development Co. started work on the 538-bed community located close to the University of Illinois Urbana-Champaign.
Radco Acquires 1,400 Units in Suburban Indianapolis
A major private capital player, the company financed the acquisition using its private capital platform, as well as debt furnished by BBVA Compass.
WDP Management Buys Chicago Condo Community, Plans Conversion
Kiser Group’s Senior Director Noah Birk and Director Aaron Sklar brokered the transaction of the 29-unit asset in the city’s South Shore neighborhood.
Kiser Group Brokers Sale of Chicago-Area Community
Principal & Managing Broker Lee Kiser and Broker Matt Halper facilitated the transaction of 345-unit Blue Station Apartments in Blue Island, Ill.