Midwest

25 N. Central Ave, Clayton, Mo.

Opus Completes 2nd Missouri Luxury Community

The 120-unit Ceylon Luxury Apartments is located in Clayton and joins the recently completed Citizen Park. Smoothie King will be the community’s first retail tenant.

Dougherty Closes Fannie Mae Loan for 196-Unit TN Property

The national mortgage banking firm facilitated an $8.4 million loan for the refinancing of The Hills at Oakwood Apartment Homes in Chattanooga. S&S Property Management owns and manages the community.

Fourmidable Secures Management Deals for Ohio Communities

The company will run several Section 8, tax credit and public housing communities throughout the state. The properties total 395 units.

Winds of Change Buffet Chicago Multifamily

At the Lincoln Park Builders of Chicago Real Estate Forum, panelists shared insights on what’s next for the city’s development market.

Dougherty Arranges Refi for 77-Unit Community in Ohio

The national mortgage banking firm closed a Fannie Mae loan for Legends Pointe in Canton, Ohio. Dougherty’s Minneapolis office worked for borrower Legends Pointe Apartments.

Dougherty Closes $34M Loan for Affordable MN Development

Named 1500 Nicollet, the planned 183-unit community in Minneapolis will include 5,500 square feet of retail space.

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.