Midwest
Middleburg Names New Regional Property Manager
Danielle West brings more than 15 years of experience to the firm and will be responsible for managing the company’s newly developed communities.
St. Paul Community Attracts High Investor Competition
Marcus & Millichap arranged the sale of Priscilla Street Villas, an 11-unit apartment building in Saint Paul, Minn. The property was sold for an amount above the asking price.
Timberland Breaks Ground on MN Asset
The 222-unit Elevate at SouthWest Station Apartments, located in the Twin Cities suburbs, is scheduled for completion by August 2019.
Mills Properties Trades St. Louis Community
Brass Enterprises picked up the 178-unit Class A luxury property, which opened in 2016 and includes a Whole Foods Market on the ground floor.
ERC Cos. Breaks Ground on MO Luxury Apartments
PURE St. Peters Apartments is a 143-unit, pet-friendly community that includes onsite management through 2B Residential.
Greystone Provides $36M for MI Asset
Gables of Troy, a 544-unit community in metro Detroit, will receive a HUD-insured Green Rewards refinancing loan. The 35-year mortgage carries a low, fixed interest rate.
Dougherty Lines Up HUD Financing for Minneapolis Community
Working on behalf of Albright LP, the company has arranged an $8.5 million loan for the rehabilitation of Albright Townhomes, an 89-unit affordable housing property.
Affordable MN Property Lands $6M Construction Loan
Dougherty Mortgage facilitated the HUD loan for the planned Thomas Avenue Flats in St. Paul. The community is expected to open in spring 2019.
Belgravia Tops Off Luxury Condos in Chicago
Renelle on the River includes 50 units and a yoga room, a game room and an outdoor kitchen. The company is offering virtual tours of the floorplans.
Woda Cooper Opens Partially Affordable Michigan Community
Portland School Apartments is an adaptive-reuse project that consists of 29 new units available for seniors and lower-income working families in Portland, Mich..