Midwest

Brickstone Unveils Plans for Class A+ Minneapolis Development

Currently an office building, the property was slated for redevelopment after Brickstone bought the property in August 2015.

Salviccio Rides Residential Redevelopment Wave

The former American Eagle Credit Union building will be turned into apartments.

M&R Development Breaks Ground on Suburban Chicago Luxury TOD

Situated on well-trafficked Green Bay Road, the development will feature 6,200 square feet of ground-floor retail.

2700 University Ave. W in Saint Paul, Minn.

Flaherty & Collins Debuts $54M Community in St. Paul

The project features 248 studio units and one- and two-bedroom units, with 80 percent set for market rate and 20 percent affordable.

Yardi Matrix: Twin Cities, Millennial Hotspot

As an emerging Millennial hotspot boasting strong wage gains and one of the lowest unemployment rates in the country, the Minneapolis-St. Paul area is becoming increasingly attractive to multifamily investors.

NHPF Grabs Historic Hotel Covent in Chicago

The deal marks the organization’s second SRO mixed-use asset acquisition in the Windy City.

KIG Closes $19M Sale On Vintage Building in Chicago

The 160-unit property offers a mix of studio and one-bedroom floorplans, as well as 10,000 square feet of retail space.

The Hub Minneapolis

JV Brings $98M Collegiate Housing Development to Minneapolis

The Hub Minneapolis will be a 707-bed community with a mix of studios and one-, two-, three- and four-bedroom floor plans.

Fath Properties Obtains $125M Refi for 10-Property Portfolio in Ohio and Texas

Six of the refinanced properties are in the greater Cincinnati/Dayton marketplace and contain 2,065 units. The remaining four properties are located in Texas and consist of 1,273 units.

SPNA Acquires Second Deconversion Property in Chicago

The 133 units were converted to condos in 2005, but they will now go back to their initial use as rentals.