Midwest
Mixed-Use Development Under Way Near U of Iowa
CA Student Living’s new community will offer a 15-story residential tower with 332 fully furnished, market-rate apartments, as well as a 14-story, 151-key Hyatt Place hotel.
New Owner, New Name for Kansas City Property
Carroll Organization expands with the off-market acquisition of The Avenues at Overland Park.
CAPREIT Buys Suburban St. Louis Apartments
The property, which was completed last year, includes 212 units.
Berkadia Completes $11M Sale of Indianapolis Community
An out-of-state investor is the new owner of Willowbrook Lake Apartments, a 392-unit community at 4803 Round Lake Road in Indianapolis.
Yardi Matrix: New Life for Kansas City
Kansas City might not be top of mind as a spot for urban living, but revitalization projects are luring residents and developers downtown and breathing life into a slow-moving Midwestern market.
Yardi Matrix: Fueling the Twin Cities Economy
As a regional hotspot with strong employment gains, high wages and a relatively low cost of living, the Minneapolis-St. Paul area’s multifamily market is bustling with activity.
HFF Leads Sale of 480-Unit St. Louis Community
A joint venture between Covenant Capital Group and Bell Partners sold the 36-building community to an L.A.-based firm.
Preiss Adds 3 Student Housing Properties to Portfolio
The acquisition consists of properties in Tampa, Fla.; Indianapolis, Ind.; and Raleigh, N.C.
Lightstone Secures $164M Refi for Metro Detroit Properties
The New York-based company teamed up with Greystone and Freddie Mac for the loans.
The Fitzgerald Project, Detroit’s Premiere in Urban Development
The Fitzgerald Revitalization Project focuses on 100 vacant buildings and 257 empty lots that will be converted to productive landscapes.