Midwest
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.
Waterton Residential Hires Jeff Bailey as Senior Vice President
Waterton Residential, the multifamily investment and management division of Chicago-based Waterton Associates LLC, has hired veteran real estate executive Jeff Bailey as senior vice president, operations, for its multifamily properties in the western United States.
Indianapolis Seniors Apartments Receive $2.3M Grant From HUD
HUD has awarded the AHEPA 232 Apartments in Indianapolis a $2.38 million grant under its Assisted Living Conversion Program. The funding will be used to covert 24 of AHEPA 232’s 74 units into service-enriched seniors housing.
Georgetown Co. Acquires Chicago Community for $214.25M
Georgetown Co. has acquired K2 Apartments, a 496-unit Class A luxury apartment development, from a joint venture between Fifield Companies and Wood Partners, for $214.25 million.