Midwest
Elevation Enters Indiana Senior Housing Market
The private equity investment company paid $20 million for a 496-unit affordable senior community in Indianapolis, its largest transaction to date.
Passco Spends $90M in Suburban Chicago
KeyBank financed the acquisition of the recently developed luxury community in Vernon Hills, Ill.
City Club Apartments Kicks Off Detroit Redevelopment
The $25 million project will update the 1974-built tower and designate 20 percent of the units as affordable for the property’s current residents.
Essex Realty Facilitates Chicago-Area Sale
The firm brokered the sale of a 39-unit transit-oriented property located in Naperville, Ill.
Kiser Group Brokers Chicago Community Sale
Matt Halper and Marco Cesario worked on behalf of the buyer. The 48-unit asset traded for $8.3 million.
JV to Build Luxury Project in Chicago Opportunity Zone
The 202-unit community is one of the city’s first and largest multifamily Opportunity Zone developments to take shape.
Herman & Kittle Properties Opens Affordable Community in Indiana
The Gables in Greenwood features both market-rate and low-income housing tax credit apartments in Greenwood, Ind.
Marquette, Principal Real Estate Investors Form JV for Chicago Community
JLL Capital Markets arranged the joint venture equity partnership and a loan from a life company for Marq on Main, located in Lisle, Ill.
RMK Management Takes on 2 Chicago-Area Communities
The properties are located in the Windy City’s South Loop neighborhood and the southwest suburb of Clarendon Hills, Ill.