Midwest
Oak Grove Capital Welcomes Ken Bowen as Senior Vice President
Oak Grove Capital, a national provider of real estate financial services, has announced that Ken Bowen has joined the St. Paul-based lender as a senior vice president, focusing on new loan originations for the company’s market rate multifamily debt platform.
TODAY’S DEALS: Veritas Acquires $100M in Multifamily Mixed-Use Properties in San Francisco
Veritas Investments Inc. announced the acquisition of a 14-property portfolio of multifamily mixed-use buildings in San Francisco; and Walker & Dunlop provides a $44.2 million bridge loan for Nashville apartments.
Campus Advantage Acquires Housing Near University of Missouri
Student housing company Campus Advantage has acquired The Domain at Columbia, enabling the company to expand its presence within the fast-growing University of Missouri-Columbia student-housing market.
TODAY’S DEALS: Berzack Completes Sale of Mixed-Use Land Site for 54 Apts.
An apartment site entitled for 54 units was sold in N. Hollywood, Calif.; and Essex brokers the sale of a building In Evanston, Ill.
Supportive Veteran Housing Community Opens on Former Indianapolis Brownfield Site
Timed to coincide with the 150th anniversary of President Lincoln’s Gettysburg Address, members of public and private organizations along with the City of Indianapolis held a ribbon cutting ceremony Tuesday to mark the opening of The Lincoln Apartments, a 75-unit supportive housing community that will serve homeless veterans.
Chicago’s Lincoln Park Builders Annual Forum Marks Milestone
Cautious optimism was the order of the evening at last week’s 2013 Real Estate Forum presented by Lincoln Park Builders of Chicago, an honorary society of builders, developers, managers and principals in the city’s real estate community.
Laramar Group Acquires Suburban Chicago Townhomes
National real estate investment and management company The Laramar Group has acquired Highcrest Townhomes in the southwestern Chicago suburb of Woodridge, Ill.
MetLife, Partners Sell Two Illinois Apartments
Woodlands of Crest Hill, a 730-unit apartment property in Crest Hill, Ill., and the Fountains at Stone Crest, a 400-unit apartment in Westmont, Ill., have traded hands.
Braxton Development, Sterling Development and Baledge Team On Opening of Luxury Apartments in N.D.
Braxton Development, Sterling Development and Baledge LLC have opened Sierra Ridge Apartment Homes, a 278-unit Class A community in Dickinson, N.D.
GLCF Announces Completion of Silver Star Phase II Supportive Housing Community
Great Lakes Capital Fund, along with other collaborative partners, announced the completion of Silver Star Apartment Homes’ Phase II, which will bring an additional 100 units to the Battle Creek, Mich. housing market.