Midwest
HP Ventures Group Pays $21M for Chicago Community
JLL Capital Markets closed the sale of 101 West, a 64-unit property in Barrington, Ill.
Draper and Kramer Break Ground on St. Louis Community
The project will rise on a site where several factories once stood.
Continental Properties Lands $47M Refi for Illinois Community
Dwight Capital closed the HUD loan for the firm’s 300-unit property in South Elgin.
ACRE Provides $51M Refi for Chicago Luxury Community
The Duncan is an adaptive reuse project in the West Loop neighborhood.
Pathway to Living Tapped to Manage Senior Housing Portfolio
Welltower chose the operating firm to manage properties in Ohio and Illinois totaling 1,105 units.
Luxury Colorado Property Gets $61M Refi
Working on behalf of Etkin Johnson Real Estate Partners, JLL Capital Markets arranged the 10-year loan for a garden-style community south of Denver.
UMH Properties Pays $10M for Ohio Manufactured Homes
The REIT will invest in infrastructure improvements and filling the remaining vacant sites at the Sandusky community.
ACRE Provides $104M Financing for 3 Communities
The loans will go toward refinancing and renovating properties in Kentucky, North Carolina and Indiana.
Excellent Service Is Multifamily’s New Must-Have Amenity
Bigos Management’s David Keinert discusses the pandemic’s transforming effect on people’s housing choices and talks about what works best in attracting and retaining renters in the Twin Cities area.
A Snapshot of Chicago’s Changing Multifamily Market
Peak Properties’ Mike Zucker discusses market dynamics and explains why the city offers great potential for investors.