Midwest
JV Buys 152-Unit IN Student Housing Community
The Park on Morton campus offers 6,000 square feet of additional retail space and serves students attending Indiana University.
Luxury Multifamily Community Receives $40M Loan
KeyBank Real Estate Capital has originated a Fannie Mae for Peyton Stakes in Nashville, Tenn. The 249-unit property was built in 2017.
MN Affordable Housing Secures $16M
Real Estate Equities’ Eastgate Apartments in Rochester, the site of a former dance club, will include 135 units.
MO Condo High-Rise Finishes Construction
The Cypress at the Lake in Central Beach includes 61 luxury units and a private marina, car charging stations and an indoor/outdoor wine bar.
Robust Demand Keeps Occupancy Up in the Twin Cities
The metro’s multifamily market is an investor magnet, boosted by the presence of Fortune 500 companies and a strong education system, which continue to attract new residents to the region.
Cleveland Luxury Property Receives $93M Refi
Bellwether Enterprise’s Flats at East Bank Apartments is an eight-story, 241-unit community that features 13 restaurants.
Top 10 Apartment Owners in Kansas City
As rising apartment prices in the city’s metro area have tempered investment activity in the multifamily sector, many of the top property owners continue to be local companies.
Prescient Delivers Chicagoland Luxury Community
The company used a proprietary modular construction system to complete the property, which is located steps from downtown Lake Forest., Ill.
Manufactured Property Receives $16M Refi in Kansas City
Lakeview Terrace, a recently renovated community comprising affordable mobile homes, has received $16 million in refinancing through Freddie Mac.
Eyzenberg & Co. Arranges Financing for Chicagoland Community
The owner, a joint venture between Auerbach Funds and Sinatra & Co. Real Estate, will use the money to pay off initial acquisition loan and continue renovation work.