Midwest
Suburban Chicago Community Lands $55M Refi
Greystone originated the 35-year, HUD Section 223(f) loan for the 360-unit community in Bloomingdale, Ill.
Wimmer Communities Lands $26M Loan for Milwaukee-Area Property
NorthMarq provided Freddie Mac financing for Poplar Creek Club, a recently completed community in Brookfield, Wis.
World’s Tallest Mass Timber Tower Lands $88M Loan
The 259-unit, 25-story Ascent community in Milwaukee is set to deliver in the summer of 2022.
Spruce Properties Expands to Iowa with $57M Portfolio Buy
The six communities comprising some 500 units are scattered across suburban Des Moines, in Ankery, Waukee and Polk City.
Essex Realty Arranges 2 Sales in Chicago’s Lincoln Park
The brokerage worked on behalf of all parties in the sales totaling $14.4 million.
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city’s Opportunity Zones.
Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
Columbus Multifamily Report – Fall 2020
While transactions slowed down significantly, rent growth endured amid economic volatility.