Midwest

PCCP, Excelsior Group Acquire Metro Minneapolis Community

Each of the 66 apartments at Mills Creek in Maple Grove, Minn., is a stand-alone unit.

Affordable Senior Community Opens in Fort Wayne

The Architectural Team designed the 125-unit property developed by Evergreen Partners Housing.

Berkadia Secures $17M Refi for Indianapolis Community

Senior Directors Michael Zaremski and Michael Shmuely arranged the financing on behalf of a private investor.

Harbor Group International Sells Kansas City Asset for $82M

Berkadia’s Mid Markets Group handled the complicated closing for the 807-unit multifamily property.

Aeon Lands $54M Loan for Affordable Minneapolis Project

A mix of public and private lenders provided funding for the 172-unit development.

Greystone Provides Refi for Minnesota Affordable Asset

Managing Director Kyle Jemtrud structured the Fannie Mae loan for the 150-unit community in Mankato.

Walker & Dunlop Arranges $25M for 2 Senior Housing Communities

Senior Managing Director Joshua Rosen led the origination team which provided HUD financing for the Manchester, Ky., and Aurora, Ill., properties.

Clear Blue Co. Buys 6-Asset Portfolio

Capstone Apartment Partners arranged the sale of the 1,185 units in Kentucky and Indiana.

JVM Realty Acquires St. Louis Community

The purchase of Ceylon Apartments marks the firm’s first in the metro and expands its Midwestern portfolio.

Indianapolis Multifamily Report – Summer 2020

Since the onset of the pandemic, the market has consistently outperformed the U.S. average.