Midwest
CEDARst Secures $170M in Capital for Minneapolis Development
Construction is underway and the project is scheduled for completion by the end of 2023.
Morgan Properties Buys 6 in Indianapolis
This marks the largest multifamily transaction by dollar value in the state’s history.
Trammell Crow Plans 1st St. Louis Rental Project
The Kirkwood development is expected for a 2024 completion.
U-Stor-It Lands Refi for Chicago-Area Property
The 72,432-square-foot storage facility came online in 2017.
Chicago Multifamily Report – June 2022
Both workforce and upscale units are registering steady gains.
Monarch Pays $20M for Cleveland-Area Student Housing
Rialto Capital Advisors sold the 624-bed property in Akron, Ohio.
Kittle Property Group Lands $74M for Columbus-Area Affordable Community
KeyBank provided the financing for the 260-unit project, which is scheduled for delivery by September 2024.
CPC Mortgage Closes $106M Loan for Michigan Affordable Portfolio
The financing will be used to acquire and preserve more than 1,600 units across the state.
Affordable Multi-State Portfolio Scores $199M Refi
Northmarq arranged 14 separate Fannie Mae loans.
Spectrum Retirement Completes Suburban Chicago Senior Housing
The developer broke ground on the 166-unit project in 2020.