Midwest
Develop Detroit Launches First Communities
The non-profit development firm has acquired two multifamily buildings in Detroit’s New Center area, which it plans to renovate and expand.
HMG Arranges $24M Refi for 3-Property Portfolio in Ohio
The properties include The Ridge at Taylor Station, Fox Run Apartments and Parkway Apartments.
City of Detroit Replaces Wigle Rec Center with Residential Units
The redevelopment of two key city-owned parcels will bring 200 new residential units to Midtown Detroit, including affordable apartments.
CA Ventures Unveils New Student Housing Communities
The highly amenitized facilities span eight states.
JLL REIT Nabs Luxury St. Paul Community for $66M
The acquisition of The Penfield marks JLL Income Property Trust’s third multifamily acquisition this year.
CBRE Brokers Record Sale in Indianapolis
The sale of Lakeshore Apartments marks the largest single-property multifamily transaction on record in Indianapolis.
Cleveland’s $132M Rockside Road Project Gets Green Light
The development has received zoning approval, with plans including luxury apartments, retail, a hotel and more.
Strategic Properties Wins Fannie Mae Loan For Chicagoland Buy
An affiliate of the investment management firm acquired a 342-unit property in suburban Wheaton, Ill.
CMK Cos., Lendlease to Create Riverfront Community in Chicago
The joint venture’s Riverline master-planned community will add more than 3,600 residences to the South Loop neighborhood.
Opus Group Plans Luxury High-Rise in Minneapolis
The 30-story apartment project supports the city’s goal to double the downtown population by 2025.