Midwest
Ken Maksoudian Joins Great Lakes Financial Group as Senior Underwriter
Great Lakes Financial Group has appointed Ken Maksoudian as senior underwriter. Maksoudian will report to GLFG’s President, Joe Bobeck.
CWCapital Hires Allan Edelson
CWCapital is expanding its national multifamily lending platform through the hiring of Allan Edelson, senior vice president, and the establishment of a new lending office in Chicago.
Yardi Acquires DIY Real Estate Solutions
Yardi Systems recently acquired residential property management software provider DIY Real Estate Solutions
DEAL OF THE DAY: HFF arranges 7-Year Freddie Mac Acquisition Loan
The Dallas office of HFF (Holliday Fenoglio Fowler LP) has arranged financing for Meadow Chase Apartments, an 86-unit multi-housing complex in West Des Moines, Iowa.
Missouri Agency to Hold Public Hearings on Proposed Affordable Housing Developments
The Missouri Housing Development Commission (MHDC) will hold public hearings at two different locations
DEAL OF THE DAY: NorthMarq Arranges $19.8M First Mortgage for 300-Unit Property
David Farrell, senior vice president and managing director of NorthMarq Capital’s Kansas City Regional office, arranged first mortgage financing of $19.8 million for Schoettler Village, a 300-unit multifamily complex located in Chesterfield, Mo.
MARKET SNAPSHOT: Indianapolis Rental Market on the Rise; Only Sales are Involuntary
The rental market in Indianapolis is on its way to a recovery, according to George Tikijian, principal broker of Tikijian Associates.
Many Apartment Hunters Prefer Green Digs
According to a recent survey by Apartments.com, many people in the market for an apartment are now actively looking for green features in their dwellings.
DEAL OF THE DAY: Great Lakes Financial Completes $11.2M Financing for Seniors Preservation Project
Great Lakes Financial Group LP closed a preservation deal through the MSHDA Tax-Exempt Direct Loan Program with Longfellow Apartments, a 149-unit residential, active adult apartment building development for $3,874,000.
2.5-Acre Mixed-Use Development Set to Change Landscape of Chicago’s Chinatown
Eastern Tower, a $100-million mixed-use development