Midwest
Cleveland Multifamily Report – October 2023
After outperforming for a year, rents are trending closer to the national average.
Salvation Army Lands Loan for Affordable Senior Community
JLL Capital Markets arranged HUD financing for the 150-unit property.
Indiana Affordable Project Obtains $17M LIHTC Financing
The property will comprise 187 age-restricted units.
Lincoln Avenue Breaks Ground on Illinois Affordable Community
All residences will cater to adults aged 55 and over.
CREC Sells Stake in Indiana Multifamily Property
Sterling Group has acquired the interest from the Ohio-based private equity firm.
Four Leaf Properties Buys Detroit-Area MHC
North Branch Meadows features 132 double-wide homes.
NRP Group Delivers Cleveland Affordable Property
The developer worked in partnership with University Hospitals.
Inland Private Capital, Devon Deliver Missouri Self Storage
The property was a former newspaper processing facility.
JVM Realty Acquires Chicagoland Luxury Community
Completed in 2019, the asset comprises 113 units.
