Midwest

Greystone Buys 13-Property Portfolio

The skilled nursing facilities and supportive living community located throughout Illinois and Missouri total 1,662 beds.

Cleveland Multifamily Report – Winter 2020

Boosted by the ongoing revival of the city core, the metro’s rental market wrapped up 2019 on a positive note.

Aeon Expands Minnesota Footprint

The nonprofit purchased the second-largest affordable housing community in the state, preserving 834 low-income units.

Herman & Kittle Expands Indiana Presence

The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis. 

BlackRock Sells Minneapolis Luxury Community

JLL represented the seller in its disposition of Eitel Apartments, the redevelopment of a historic building part of the old Eitel Hospital.

Matthews Real Estate Adds Vice President of Multifamily

Robert Starrett will focus on growing the company’s presence throughout the Midwest. He previously served as the director of finance and acquisitions for The Mid-America Management Corp.

Kiser Group Closes $18M Multifamily Portfolio Deal

The transaction marked the largest deal by sale price closed in Chicago’s South Shore in 15 years.

Dougherty Mortgage Closes $54M Construction Loan

The financing will be used for the development of Sundance at Settler’s Ridge, a project in Woodbury, Minn.

Indianapolis Multifamily Report – Fall 2019

Spurred by robust population growth and household creation, the city’s rental demand is keeping up with supply.

New Affordable Housing Development Set for Chicago Area

Construction has begun on a mixed-use project offering 72 units in Maywood, Ill.