Midwest
PGIM Adds to St. Louis Office
Richard Orf will fill the deputy chief underwriter position, while Tiffany Baymiller will be the new closing manager for the firm’s Federal Housing Administration lending program.
CBRE Secures Sale of 1,720-Bed Student Housing Portfolio
The four properties serve students attending the University of Wisconsin, Auburn University and Florida State University.
Dominium Breaks Ground on MN Senior Housing
Located in a suburb of St. Paul, Legends of Woodbury is a 216-unit affordable community that will feature a pair of apartment buildings with a central, two-story clubhouse.
JV Breaks Ground on Chicago Senior Housing
Ryan Cos. LCS and Harrison Street Real Estate Capital have started construction on Clarendale of Addison, a 188-unit community in Addison, Ill.
RED Mortgage Welcomes New President
Trent Brooksbrings more than three decades of executive leadership experience in the multifamily industry.
Student Housing Trades near Indiana University in Bloomington
The 333-bed student community is conveniently located less than a half-mile from the Indiana University Bloomington campus. At the time of the transaction, it was 100 percent occupied.
TAWANI Develops Chicago Asset
Located in the city’s Rogers Park neighborhood, the building will feature 45 apartments across five stories, as well as three floors utilized for parking.
Chicago Apartment Tower Lands 3 Green Globes Certification
Green Building Initiative awarded the title, a commercial building designation equivalent to LEED Gold, to Fifield Realty Corp.’s NEXT Apartments, located in the River North neighborhood.
JV Acquires 280-Unit Chicago Property
CIM Group and Golub & Co. snagged Chestnut Place, a 30-story building with ground-floor retail in the Gold Coast neighborhood.
Cleveland-Area Community Lands $25M Fannie Mae Loan
Located in Willowick, Ohio, Shoregate Towers features 404 units. Dougherty’s Minneapolis office arranged the 15-year loan with a 30-year amortization schedule.