Midwest
Record-Setting Sale Announced for Chicago Apartment
Related Midwest announced the sale of OneEleven Apartment Tower located at 111 W. Wacker Dr. in Chicago, which sold for over $328 million to Heitman.
TODAY’S DEALS: KeyBank Provides $334.4M Credit Facility for National Assisted Living Portfolio
KeyBank Real Estate Capital closes a $334.4 million Fannie Mae credit facility for Enlivant; and NorthMarq Capital’s Kansas City office finalizes transactions totaling $13.34 million.
Student Housing with a Retro Feel
The Bainbridge Cos. has unveiled plans for a 524-bed student housing development adjacent to the University of Illinois.
Standing Out by Blending In
The Opus Group along with AIG Global Real Estate have broken ground on a multi-use development in St. Louis’s historic Central West End.
TODAY’S DEALS: NorthMarq Capital Finalizes $35M Freddie Mac Loan
NorthMarq Capital arranges the $34.59 million refinance of Lakeside Terrace Apartments; and Lee & Associates transacts a sale in access of the $9.5 million listing price.
‘Lifeless Industrial Warehouse Complex’ to be Revitalized With Apartments
A joint agreement has been announced between HSA Commercial Real Estate and Fiduciary Real Estate Development to develop more than 1,000 luxury residences in Wauwatosa, Wis.
Contegra Construction’s Trailblazer Commons Phase I Opens in Illinois
Phase I of Trailblazer Commons, serving Godfrey, Ill.-based Lewis and Clark Community College, has opened to students.
GLCF Announces Senior Vice President for Business Development
Great Lakes Capital Fund recently announced the promotion of Fred Hash, a leader for the past 15 years in GLCF’s business development, to senior vice president of business development.
RED Capital Group Announces New Senior Managing Director of Affordable Housing
Tracey Peters is the new senior managing director of affordable housing for RED Capital.
Flaherty & Collins Completes Apartments in Suburban Indy
The first phase of residential units has been completed at The Depot at Nickel Plate, a mixed-used development in Fishers, a suburb of Indianapolis.