Midwest
Detroit Multifamily Report – December 2022
Despite the market cooling, transactions marked a record.
JVM Realty Corp. Acquires Chicago-Area Luxury Community
The property last traded for $46 million.
Kansas City Multifamily Report – December 2022
The city was one of the few to hit transaction records last year.
Chicago Asset Changes Hands for $131M
Stonebridge Luxury Apartments last traded in 2016, for $105 million.
JV Starts Construction on Chicago Mixed-Use Property
The project is the first major development to launch in the Streeterville neighborhood since 2019.
Schafer Richardson Secures $77M for Saint Paul Affordable Project
Soul is scheduled for completion in the second quarter of 2024.
Hamilton Point Buys 2 Omaha Properties
Northmarq secured more than $67 million in acquisition financing.
Saint Therese Lands $47M for Minneapolis Senior Living Project
Completion is expected in the spring of 2024.
Lincoln Property’s $90M Chicago High-Rise Gets Key Approval
Gilbane Building Co. is the development’s general contractor.
Lennar Plans 4 New Communities in Madison
Responding to the growing need for competitively-priced housing in Wisconsin, Lennar Homes will develop single-family projects.