Midwest
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.
Indianapolis Affordable Housing Lands Equity Investment
The capital from Woodforest National Bank and CEI-Boulos Capital Management will support the 188-unit brownfield Opportunity Zone development.
Dwight Capital Closes $35M Loan for Detroit-Area Asset
The HUD loan retires another agency-backed loan for the 254-unit community in Novi, Mich.
Twin Cities Multifamily Report – Spring 2021
Following a rocky 2020, the Minneapolis-St. Paul market kicked off this year on the mend.