Midwest

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.

New Project Maintains Affordable Housing for Chicago’s Northtown

Affordable housing developer Vitus Group recently acquired Evergreen Terrace Apartments.

How to Set Yourself Apart in Student Housing

Greystar Student Living will manger the Millennium Apartments, a new 698-bed, purpose-built student housing community in Norman, Okla., owned by Real Capital Solutions.

Rental Beast Expands to Greater Philadelphia and Chicago Markets

Rental Beast, a rental real estate listing service, announced its expansion to the Greater Philadelphia and Chicago areas