Midwest
Residential Component of $60M Wis. Mixed-Use Opens
A long-vacant industrial site once occupied by Ray-O-Vac Corp. is now the site for Gorman & Co.’s new development.
Tikijian Associates Arranges Sale of Beechmill Apartments in Indianapolis
A Birge & Held Asset Management affiliate has acquired Beechmill Apartments, a 256-unit multifamily community in Indianapolis.
Pillar Originates Fannie Mae Loan for Acquisition of Chesapeake Landing
Chesapeake Landing was acquired with the help of $15.4 million in financing.
JPMorgan Chase Announces New Investments in Affordable Housing
The banking company is moving forward with its $100 million commitment to help accelerate Detroit’s economic growth.
New JV Announces 101-Unit Senior Housing Community in Mason, Ohio
CA Senior LLC has entered into a joint venture with an affiliate of Goldman Sachs to develop a senior housing community in the Cincinnati suburb of Mason.
Minneapolis Warehouse Reborn as The Cameron Apartments
SR Development has converted a 106-year-old warehouse into a 44-unit affordable community.
Kansas City’s First Senior Cooperative Opens May 18
Real Estate Equities Development announced the grand opening of the metro’s first senior cooperative.
Capital 8 Group Makes First Foray in Indiana
Tikijian Associates arranged the sale of a 130-unit multifamily community in northwest Indianapolis.
City of Detroit Gets an Extra $42M in Demolition Funds
The U.S. Treasury Department and the Michigan State Housing Development Authority approved additional funds for the city’s blight removal initiative, which will now expand to 90 percent of Detroiters.
HFF Lines Up $48M Acquisition Loan through Freddie Mac
Working on behalf of Abacus Capital Group, HFF arranged financing for the acquisition of The Burlington apartment community in St. Paul, Minn.