Midwest
Berkadia Arranges Sale of St. Louis Community
Higher yields are drawing investors to the area.
Lincoln Property, Ryan Cos. Top Out on Luxury Chicago Tower
The partnership also revealed the name of the 31-story, $100 million-plus community that it’s co-developing in Chicago’s Gold Coast neighborhood.
Indy Apartments Change Hands for $19M
A Hamilton Point Investments fund acquired a 211-unit, Class A community plus land for development.
Opus, Greco Break Ground on Minneapolis Mixed-Use Project
The duo plans to develop a 144-unit community with ground-floor retail and a variety of amenities in Minneapolis’ North Loop neighborhood.
Detroit’s Blight Removal Program Hits Major Milestone
The program aimed at reviving the city’s neighborhoods translates into an average of 75 houses demolished each week.
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.