Midwest
$145M Loan Earmarked For Chicago Apartments
JDL Development and iStar received $145 million in structured debt for the recapitalization and stabilization of the 469-unit building.
JVM Acquires Luxury Apartment Community
Offering one- and two-bedroom apartment homes, The Aventine community will undergo an interior and exterior renovation.
UnitedHealthcare Invests in Missouri Senior Housing Project
The new 42-unit affordable development will give local seniors access to quality housing and onsite support services.
Cushman & Wakefield Sells Michigan Senior Housings
The suburban portfolio comprises three properties totaling 371 units.
Windy City Sit-Down: Panelists Chart Chicago’s Multifamily Future
Industry leaders at this year’s Real Estate Forum debated issues from affordable housing to new unit absorption and condo conversion timing.
Astral Weeks Buys Redevelopment Opportunity in Detroit
The New York-based company now owns a half acre site in the rapidly growing Brush Park neighborhood.
Senior Housing Portfolio in Suburban Detroit Lands New Owner
The buyer is an affiliate of Chicago-based private equity firm Green Courte Partners LLC.
Ironworks at Keystone in Indianapolis Undergoes Management Transition
Buckingham Cos. successfully ended the asset stabilization agreement for Hendricks Commercial’s mixed-use development.
Karen Plesh Joins Hunt Military Communities as VP of Operations
Plesh brings more than 22 years of experience, having previously worked on portfolios of various sizes across the United States.
Luxury Student Housing Project in Allendale Gets $21M Loan
Leasing is already open for the two- and four-bedroom units available in the fall of 2017.