Midwest
Steadfast Acquires, Plans Rehab of IL Apartments
The launch of the company’s third REIT is timed to coincide with its acquisition of the 136-unit Carriage House Apartments in the Chicago area.
Tyrone Clifton Appointed Director of the Detroit Building Authority
Tyrone Clifton will be coordinating Detroit’s blight removal program, which is the biggest in the country.
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.