Midwest
TGM Expands Chicago-Area Holdings
Built in 1991, Crossings at Danada, in Wheaton, Ill., is a 600-unit garden-style community that spans 27 buildings.
Partnership Brokers $11M Sale of 2 Chicago Affordable Properties
Habitat Co. purchased the 167-unit portfolio from Renaissance Cos. Kiser Group Director Michael D’Agostino and AHIB Managing Director Kyle Shoemaker closed the deal.
Related Midwest Unveils Chicago Luxury Tower
Landmark West Loop, located in the West Loop neighborhood, is a 31-story, 300-unit community designed by architect Morris Adjmi.
The Habitat Co. Acquires 3 Chicago Properties
The properties, totaling 498 units, are Renaissance West in Logan Square and Lyndale Place in the Bucktown area, both on the Northwest Side, and York Terrace Apartments in the South Side’s Prairie District.
Lexington Homes Begins Sales at Chicago Community
Lexington Heritage in Arlington Heights, Ill., offers 48 homes in two styles, the Mews Collection of three-level rowhomes and the Club Collection of two-story townhomes.
Cleveland Hotel to be Converted Into Senior Housing
The Lake County Ohio Port and Economic Development Authority completed a $49 million bond financing packaging for Tapestry Wickliffe to transform the building.
LMC Opens 344-Unit Music City Community
The Morris is a luxury mixed-use project that includes 6,373 square feet of street-level retail and restaurant space. The property was built on the site of a country music icon’s former office.
South Street Capital JV Buys IN Student Housing Portfolio
The 290-bed portfolio consists of five adjacent buildings near Purdue University. The communities are close to major locations including Chauney Mall, West Lafayette Public Library and Northwestern Avenue.
CBRE Promotes Jeff Stingley to EVP
Based in Kansas City, Mo., Stingley has arranged $1.3 billion in multifamily sales during the past two years. He is the first professional in the history of the office to achieve this title.
Tikijian Closes 304-Unit Indianapolis Community
SL Systems LLC purchased the asset and plans to renovate the exterior and upgrade the unit interiors. The community was 95.7 percent occupied as of September.