Midwest

Village Green 'City' Brand Coming to Downtown Ann Arbor

The first market rent luxury apartment building to come to downtown Ann Arbor in the past quarter century will be built by Village Green.

Montana’s Franklin School Apartments Revitalized

Franklin School Apartments, a Great Falls, Mont. affordable multifamily property whose history dates to the early years of the 20th century, has benefited from energy-efficient upgrades, thanks to a financing solution recommended by Columbus, Ohio-based Lancaster Pollard Mortgage Co.

Housing Property for Homeless Youth Completed in Detroit

Oakman Place Apartments, an affordable housing property for homeless youth and families, has opened its doors on Oakman Blvd. in Detroit.

South Bend to Welcome New Senior Housing Development

Ground was recently broken on a new affordable housing community in the northern Indiana city of South Bend.

MARKET SNAPSHOT: Multifamily Transaction Volume in Chicago Concentrated in $20M+ Assets

Demand for multifamily assets in the Windy City has been significant, with $1 billion worth of properties in the sector trading this year.

MARKET SNAPSHOT: Milwaukee Reports a Low Average Vacancy for Midwestern Market

Milwaukee has doubled its job growth in the last year; coupled with virtually no new construction, the market has one of the lowest vacancies in the Midwest.

Equity Residential Enters into Billion Dollar Agreement to Acquire Interest

Equity Residential announced it has signed a contract to acquire 26.5 percent ownership interest in Archstone, a privately held owner, operator and developer of multifamily properties. The agreement was for $1.325 billion, in cash.

MHN PROFILE: PostGradApartments

PostGradApartments connects recent college graduates with housing, and it is on the lookout to partner with apartment companies.

Ground Broken For Apartments on CSU Campus

Cleveland State University, along with co-developers Polaris Real Estate Equities and Buckingham Cos., have broken ground on the Campus Village, a new $50 million mixed-use property on the Cleveland State University Campus.

Affordable Seniors Redevelopment Near Completion in SW Chicago Suburbs

The full renovation of the Thornwood House Apartments in southwest suburban University Park is nearing completion. The affordable rental apartment building includes units designed for seniors 62 years or older and persons with disabilities.