Midwest

Many Apartment Hunters Prefer Green Digs

According to a recent survey by Apartments.com, many people in the market for an apartment are now actively looking for green features in their dwellings.

DEAL OF THE DAY: Great Lakes Financial Completes $11.2M Financing for Seniors Preservation Project

Great Lakes Financial Group LP closed a preservation deal through the MSHDA Tax-Exempt Direct Loan Program with Longfellow Apartments, a 149-unit residential, active adult apartment building development for $3,874,000.

2.5-Acre Mixed-Use Development Set to Change Landscape of Chicago’s Chinatown

Eastern Tower, a $100-million mixed-use development

Smart Phone App to Enable RE Professionals to Buy Zip Codes for Exclusive Advertising

Visionary Apps LLC has launched a suite of real estate-related smart phone applications

DEAL OF THE DAY: LeCesse Development Obtains $36.9M FHA Loan to Develop Apartments in Twin Cities

LeCesse Development has closed on a Federal Housing Administration (FHA)- insured mortgage in the amount of $36.9 million to develop Uptown at City Walk, a 242-unit luxury apartment project to be built in the Twin Cities region.

New Site Provides Renters with Incentives to Pay Rent on Time

Chasing residents who are always late in paying their rent is a time consuming affair; one that property managers are all too aware of.

58-Unit Townhome Community in Suburban Chicago Nearly Sold Out

Willow Place is offering an incentive of $8,000 toward options.

Federal Courthouse in Downtown Kansas City to Be Converted to Workforce Housing

The Alexander Co. of Madison, Wis., acquired the historic U.S. Federal Courthouse in downtown Kansas City, Miss.

CIC’s Fund Pool Will Rehabilitate 10,000 Affordable Rental Units in Chicago

At a time when many financial institutions are curtailing credit and neighborhoods are ravaged by an epidemic of foreclosures, a

DEAL OF THE DAY: Alliant Capital Refinances Two Chicago Properties

Alliant Capital LLC made a $1.6 million refinance of Kedzie Boulevard Apartments,