Midwest
Champion Buys Village Green Hills Apartments in Nashville
An 82-unit multifamily community in Nashville was sold for $22.5 million to Los Angeles-based Champion Real Estate Co.
Berkadia Closes $10M Financing for 223-Unit Knoxville Community
The acquisition and complete renovation of The Element at Cedar Bluff was facilitated by a $10.1 million loan from Berkadia.
Peak Campus to Manage 587-Bed Student Housing Complex in Minneapolis
DRA Advisors acquired Metro Park East, a community serving students of the University of Minnesota, and appointed Peak Campus to manage the property.
Peak Campus To Manage New Student Housing Communities near Notre Dame
Two student housing communities located near the University of Notre Dame campus are now in Peak Campus’ management portfolio.
Yardi Matrix: Chicago’s Healthy Appetite
The Windy City saw roughly $2.5 billion worth of properties change hands in 2015.
NEXT Apartments Top Off in Chicago
Construction on the property started in June 2015, with an original projected completion date of early 2017.
Hamilton Lakes Business Park Gets First Residential Community
A joint venture led by M&R Development is developing The Residences at Hamilton Lakes, the first residential community coming to the popular suburban Chicago business park.
Olympus Property Acquires Nashville-Area Stoneridge Farms
Fort Worth-based Olympus Property has acquired a 354-unit apartment community located in Murfreesboro, Tenn.
Marcus & Millichap Arranges Sale of Student Housing Facility
A 163-unit student housing complex in Illinois was recently sold for $11.6 million, in a deal facilitated by Marcus & Millichap.
The Park at Eagle Creek in Indianapolis Draws Out-of-Market Buyer
In a deal arranged by CBRE, Block Funds and Block Multifamily Group purchased a 240-unit apartment community located in the thriving west side of Indianapolis.