Midwest
Pennrose Begins LGBTQ-Friendly Senior Redevelopment
The $13 million project is Cincinnati’s first age-restricted affordable housing community of its kind.
Graycliff Capital Trades Cincinnati Luxury Community for $21M
The 93-unit multifamily asset last changed hands in 2016 for nearly $22 million.
Striving for Property Management Perfection
RMK Management’s Diana Pittro speaks passionately about her achievements, her team and her mission. Don’t miss this month’s episode of the “Mission Success: Women in Multifamily” podcast!
JV Kicks Off Cleveland-Area Senior Housing Project
The 108-unit assisted living and memory care community in Shaker Heights is slated for a late 2022 completion.
KeyBank Provides $106M Senior Housing Portfolio Refi
The 631-unit deal includes assisted living and memory care properties in Texas and Illinois.
Active Adult Living Community Underway in Chicago Suburb
TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.
Southern Minnesota Affordable Community Sells for $13M
The buyer financed the 144-unit acquisition with a $10.1 million Fannie Mae loan.
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
Chicago Multifamily Report – Summer 2021
As far as gateway markets go, the Windy City fared relatively well going into the second quarter.
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.