Midwest
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.
Interra Closes 3 Chicago Sales
The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.
Knoxville Fights for Position
The city is in the midst of a rental housing revival, spurred by trend-defying economic development.
JV Pays $58M for Brand-New Iowa Apartments
Kimberly Development’s sale of the luxury 434-unit Autumn Ridge Apartments in suburban Des Moines will be completed in two phases.
Kansas City Grows From the Core
Young professionals continue to fuel multifamily development in the area, with rent growth registering a slight rebound in the first part of 2018.