Midwest
Milwaukee-Area Community Gets Fannie Mae Refi
Greystone provided a $9.4 million Fannie Mae loan for a 300-unit property in Oak Creek, Wis.
Watermark Begins Construction on St. Louis-Area Development
Located in the suburb of O’Fallon, Mo., Avenue64 by Watermark is scheduled for completion by August 2022.
Capstone Real Estate Acquires Ohio Student Housing
Rialto Capital Management sold the 471-bed property located in Akron for $12.5 million.
Herman & Kittle Opens Columbus Affordable Community
The developer financed the 248-unit project with tax-exempt bonds issued by the Ohio Housing Finance Agency.
Burlington Opens Affordable Omaha Community for Veterans
The 60-unit Victory II Apartments is some 3 miles from Omaha VA Medical Center and comprises studio and one-bedroom apartments.
Trilogy Acquires Columbus-Area Apartments
The firm has purchased The Mirada in Lewis Center, Ohio, which was 95 percent leased at the time of sale.
Related Cos. JV Lands $38M for Ohio Affordable Senior Housing
Proceeds will be used for extensive renovations at the 230-unit historic property.
Capstone Arranges Tennessee Luxury Community Sale
Adam Klenk, Tyler Mayo, Austin Heithcock and Jonathan Hawks brokered the transaction of the 96-unit property in Jackson.
Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
Chicago Multifamily Report – Summer 2020
Some 6,500 apartments came online across Chicagoland in the first seven months of 2020.