Midwest
Minneapolis Community Receives $28M Refi
JLL provided a 10-year, fixed-rate Fannie Mae loan for the 456-unit The Cliffs at Minnetonka.
Coastal Ridge Secures Refi for 2 Indiana Student Housing Properties
Fifth Third Bank provided the loan for Overlook at Notre Dame and Irish Flats, serving students attending the University of Notre Dame.
Interra Realty Brokers Sale in Chicago’s South Shore
The team of Jon Morgan, David Goss, Ted Stratman, Lucas Fryman and Jeremy Morton facilitated the deal.
Top 5 Markets for Multifamily Development in Ohio
As of May, nearly 18,000 units were underway in the Buckeye State, based on Yardi Matrix data.
Greystone Closes $14M Northern Indiana HUD Refi
Bayshore Properties will use the new loan to fund ongoing renovation work at the 174-unit community.
Hunt Real Estate Arranges $17M Refi for Ohio Community
The 12-year loan has a 30-year amortization schedule and the first two years are interest only.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
Hunter Management Acquires Michigan Student Housing
Berkadia arranged the sale of the community through a reverse 1031 exchange.
Interra Realty Closes Vintage Chicago Community Sale
Jon Morgan and David Goss represented The Wolcott Group in the disposition of the 35-unit asset in Woodlawn.
Herman & Kittle Scores $59M for Indianapolis Affordable Project
The 210-unit community in the Wayne East submarket will cater to low-income residents aged 55 and older.