Midwest
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.
CBRE Brokers the First Sale of Urban, Class A Apartments in Minneapolis-St. Paul Since 2008
Dallas-based L&B Realty Advisors has purchased the Lake Calhoun City Apartments in Minneapolis for $37.25 million.
Block Funds Acquires Luxury Community in Lewisville, Texas
Block Funds has announced that it has acquired Bella Madera, a 612-unit, Class A luxury apartment community in Lewisville, Texas, near State Highway 121 and Interstate 35E.
Ocius Adds Maintenance Requests and Live Balances to Next Generation Mobile App for Apartment Residents
Ocius, a provider of resident billing and utility invoice processing services for apartment managers, announced the immediate availability of the next generation of its award-winning resident mobile app, My Resident Network.