Midwest
2.5-Acre Mixed-Use Development Set to Change Landscape of Chicago’s Chinatown
Eastern Tower, a $100-million mixed-use development
Smart Phone App to Enable RE Professionals to Buy Zip Codes for Exclusive Advertising
Visionary Apps LLC has launched a suite of real estate-related smart phone applications
DEAL OF THE DAY: LeCesse Development Obtains $36.9M FHA Loan to Develop Apartments in Twin Cities
LeCesse Development has closed on a Federal Housing Administration (FHA)- insured mortgage in the amount of $36.9 million to develop Uptown at City Walk, a 242-unit luxury apartment project to be built in the Twin Cities region.
New Site Provides Renters with Incentives to Pay Rent on Time
Chasing residents who are always late in paying their rent is a time consuming affair; one that property managers are all too aware of.
58-Unit Townhome Community in Suburban Chicago Nearly Sold Out
Willow Place is offering an incentive of $8,000 toward options.
Federal Courthouse in Downtown Kansas City to Be Converted to Workforce Housing
The Alexander Co. of Madison, Wis., acquired the historic U.S. Federal Courthouse in downtown Kansas City, Miss.
CIC’s Fund Pool Will Rehabilitate 10,000 Affordable Rental Units in Chicago
At a time when many financial institutions are curtailing credit and neighborhoods are ravaged by an epidemic of foreclosures, a
DEAL OF THE DAY: Alliant Capital Refinances Two Chicago Properties
Alliant Capital LLC made a $1.6 million refinance of Kedzie Boulevard Apartments,
Cambridge Realty Capital Gets New National Originations Manager
Hymie Barber has been named national originations manager for Chicago-based Cambridge Realty Capital Cos., with responsibility for generating new business and greater awareness of the company’s senior housing/healthcare funding products nationwide.
MARKET REPORT: Moderately Priced Apartments in Minneapolis Continue to Perform Well
While some major metro areas see better performances among higher asset classes, the Twin Cities is experiencing quite the opposite.