Midwest
Evanston Apartments Open with Style
Fifield Companies and Carroll Properties’ new community brings “an up-close look at the possibilities luxury rental living can bring.”
Bellwether Enterprise Expands Affordable Housing Group
Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced that it has expanded its affordable housing group to include four new team members.
TODAY’S DEALS: Capital One Multifamily Finance Provides $20.5M Acquisition Loan
Capital One Multifamily Finance provides a $20.5 million Fannie Mae fixed-rate loan; and Aries Capital closes two small renovation loans.
NorthMarq Capital Recognizes Paul Cairns with Annual Award of Excellence
NorthMarq Capital recognizes one producer every year to be awarded the prestigious O’Brien/Klebanoff Award of Excellence.
Student Apartments in Historic Chicago Structure Trades Hands
JMG Realty Inc. and Empire Square Group have acquired the 482-bed Automatic Loft Apartments in Chicago, a student housing property in the West Loop neighborhood just west of downtown.
Foxford Communities Completes Second Building at Clocktower Pointe
Work is under way on at Clocktower Pointe, a condo development in Countryside, a southwest suburb of Chicago, with two of its buildings now finished.
Related Acquired Massive Midwest Portfolio, Plans Rehab
The Related Companies’ Related Affordable and Related Midwest divisions have acquired more than 1,500 units in Chicago. The deal is part of a larger number of acquisitions in the Midwest that Related has completed recently, involving 17 properties in four states totaling 3,062 affordable housing units.
Alston Park Redevelopment Honored for Innovation, Wins LEED Gold
Alston Park, an affordable multifamily development in Cincinnati, has received the Ohio Conference of Community Development President’s Award for Innovative Practices.
Grand Opening Announced for The Heights Linden Square
Doors have officially opened at The Heights Linden Square, a luxury mixed-use development in Gladstone, Miss.
Ted Meylor Assumes Role of CEO for RED Capital Group
RED Capital Group and ORIX USA Corporation announced that Edward Meylor will be assuming the role of CEO for RED Capital Group, as Mike Moran, current CEO, transitions back to the parent company, ORIX USA.