Midwest
MHN’s Top 5 March Posts
Miss out on any MHN stories? Here are five of our most popular articles for the month.
On the Market: 4 Interesting Listings for the Week of 3/26
This week’s listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia’s universities and a recently renovated value-add opportunity in Columbus, Ohio.
GEM Property Management Exits St. Louis in $180M Sale
The nearly 2,000-unit portfolio sale is the largest multifamily transaction in the city’s history, encompassing six communities in southern St. Louis County.
Record Supply Moderates Rent Growth in St. Louis
The city’s job gains are somewhat middling, but a below-trend unemployment rate means that housing continues to be in high demand.
FOURMIDABLE Expands Ohio Management Portfolio
The Village at Arlington I & II is located in Youngstown and comprises 120 affordable units, a playground and a computer center.
Full Throttle in Detroit
The city is well into its economic resurgence, attracting investors and young professionals with the help of startups, technology companies and automotive giants that are exploring the trending mobility industry.
Top 10 Chicago Multifamily Transactions in 2017
Although relatively quiet for a gateway market during the first half of 2017, the city’s apartment sector picked up in the second half of the year, marked by several $100 million-plus transactions.
Leisure Care to Manage MO Senior Housing
The Landing of O’Fallon will provide 79 assisted living apartments, in addition to 55 private and neighbor suites for memory care.
Demand Dampens Amid Building Surge in Cleveland
Although underperforming against the U.S. average, the area’s multifamily market remains stable, fueled by the revitalization of the city’s core.
ERC to Build St. Louis-Area Luxury Apartments
The developer plans to break ground on the 220-unit high-end community in May this year and complete construction by early 2019.