Midwest
Tzadik Management Closes on $80M Refi
The company secured permanent financing for two apartment portfolios totaling 1,100 units in Sioux Falls, S.D.
Twin Cities Multifamily Report – Spring 2020
The Minneapolis-St. Paul rental market could weather the storm better than many coastal metros.
Affordable Housing Investment Closes Iowa Portfolio Deal
Kyle Shoemaker and Dan Piatkowski represented both parties in the sale of two senior housing assets in Waterloo.
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.
Pennrose Moves Forward with 2 Ohio Projects
The Ohio Housing Finance Agency has provided housing tax credits to develop affordable housing in Cincinnati and Cleveland.
Bayshore Properties Buys 382-Unit Asset for $34M
Greystone originated Freddie Mac acquisition financing for Tanglewood Apartments, located less than 30 miles from downtown Chicago.
Newmark Knight Frank Expands Midwest Multifamily Group
Elizabeth Gagliardi and Chuck Johanns have joined the brokerage as senior managing directors.
Berkadia Closes Sale of 6 Properties for $72M
The assets totaling 945 units are located in Missouri, Arkansas, Illinois, Kansas, Oklahoma and Idaho.
Suburban Columbus Community Gets $10M Refi
Grandbridge Real Estate Capital provided the 10-year, Freddie Mac loan for the 156-unit Class C property.
JDP Launches Illinois Student Housing Project
ICON will serve students attending the University of Illinois at Urbana-Champaign campus and is scheduled for completion by August 2021.