Midwest

2 MN Communities Land $5M Fannie Mae Loan

The 16-year term loan with a 30-year amortization schedule was arranged by Dougherty’s Minneapolis office on behalf of the borrower, Amorce II Limited Partnership.

Marcus & Millichap Partner Facilitates $16M Sale in MN

Mox Gunderson, Dan Linnell and Josh Talberg at Marcus & Millichap’s Minneapolis office, represented a local partnership in the sale of Tamarind Apartments, a 102-unit community in Saint Louis Park.

Construction Underway on MN Senior Development

The Opus Group development in Minnetonka will feature four stories and 147 units. Amenities will include a salon, a chapel and a memory-care garden.

Hunt Mortgage Finances Acquisition of 202-Unit OH Property

Hamilton Real Estate Capital will use the $7.6 million Fannie Mae loan to purchase Sutton Square Apartments, a 29-building community in southeast Columbus.

Hunt Mortgage Provides Refi for 2 MI Affordable Properties

The $9.5 million investment in Joseph’s Run Apartments in Midland and Roxbury Court Apartments in Clio will be used to refinance both properties.

61 Banks St., Chicago

Draper and Kramer Breaks Ground on Boutique Community

The upcoming luxury building will be located on the last undeveloped site on North Lake Shore Drive, in Chicago’s Gold Coast neighborhood.

National Asset Services Increases Presence in OH

The company has expanded its nationwide property management portfolio with the addition of 189 condo and apartment units outside Columbus.

Foxford Kicks Off IL Condo Construction

Located in Western Springs, the transit-oriented development will include 28 units, and each include a parking spot in the community’s heated garage.

Top 10 Posts from 2017

Miss out on any MHN articles? Catch up with our most popular posts of the year.

Draper and Kramer Opens St. Louis Apartments

The Flats at EVO include 46 townhomes in Richmond Heights, Mo. This marks the second phase of EVO, which features an adjacent four-story, 281-unit community that opened last year.