Midwest

House Investments Lands $21M for Indiana Workforce Housing

Merchant Capital provided financing for a 180-unit affordable development in Evansville.

Image by Brian Sevald/iStockphoto.com

Detroit Multifamily Report – Winter 2021

Following a relatively bumpy year, fundamentals should get a boost from federal support and an accelerating vaccine rollout.

NorthMarq Arranges $73M in Financing for Midwest Portfolio

The three properties total 721 apartments and are located in Nebraska and Iowa.

Four Leaf Properties Expands Michigan Manufactured Housing Community

The firm has added 34 factory-built homes to its Meadowstone mobile home park in Hastings.

Mac Properties Completes Construction on St. Louis Residential Tower

The 36-story community overlooks Forest Park in the city’s Central West End.

Nonprofit Lands Financing for Missouri’s Largest Affordable Housing Community

The owner will implement a $30 million renovation plan at the 745-unit property in Independence.

LMC Begins Leasing at Suburban Chicago Community

The Fynn in Elmhurst, Ill., is situated a few blocks from the local commuter rail station.

Optima Expands Management Portfolio to Chicago

The company will take on property management and leasing for its three Class A rental buildings in the metro area.

Which Midwest Markets Are Investors Turning To?

Hannah Ott and George Tikijian, vice chairs at Cushman & Wakefield, shed light on buyer demand and opportunity across the nation’s heartland.

Indiana Senior Community Lands $24M HUD Loan

The 220-unit property in Elkhart, Ind., offers independent living, assisted living, memory care and rehabilitation services.