Midwest
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.
Senior Living Community Opens in MO
The 104-unit Castlewood Senior Living is the first community of its kind in Christian County, Mo., providing independent and assisted living alternatives.
Walker & Dunlop Arranges $15M Loan for Manseau Flats
The Green Bay area multifamily project is slated for completion in October 2018 and will be built using environmentally friendly techniques.
Downtown Growth Drives Demand in Cleveland
Although underperforming in the current cycle, the area’s multifamily market is on sound footing, mainly due to the city’s thriving core.
Economic Diversity Drives Growth in Columbus
As the economy improves, the cost of living remains relatively affordable in Columbus, attracting more residents to the area and boosting multifamily demand. A business-friendly environment also draws investors and entrepreneurs to Ohio’s largest city, prompting more people to rejoin the workforce.