Midwest
IRET Sells 10-Property Portfolio to 2 Buyers
The communities total 969 units across seven assets in South Dakota, Iowa and Nebraska.
JVM Realty Snags 6th Chicago Community
The company acquired a 115-unit luxury property in the suburb of Downers Grove, Ill.
Interra Brokers Multifamily Deal in Chicago’s Kenwood Area
At $180,000, the price per unit is the highest paid for a property in this neighborhood in a decade.
Redwood Capital Pays $91M for Suburban Chicago Property
Completed in 2018, the 236-unit luxury community is within walking distance of Deer Park Town Center.
Downtown Chicago Tower Changes Hands
Marquee at Block 37 will be owned on a 50:50 basis by Morguard Corp. and Morguard North American Residential REIT.
Hunt Arranges Refi for Trio of Historic Buildings in Detroit
The company provided a 10-year, fixed-rate Fannie Mae conventional loan for Hibbard Tower, Kean Building and Trombley Lodge.
Top 10 Tallest Apartment Buildings in Chicago
A new study from apartment search website RENTCafé shows that, nationwide, we are building more high- and mid-rise apartment buildings than low-rises. Chicago is following this trend.
Premium Tower Overlooking Busch Stadium Tops Out
Developed by the St. Louis Cardinals and The Cordish Cos., the 29-story community will overlook the baseball team’s home field.
Columbus Multifamily Report – Fall 2019
Multifamily rents in the metro have moderated in recent quarters, after several years of above-trend growth and solid absorption.
SVN Arranges Sale of Northern Illinois Multifamily Asset
Reid Bennett and Cody Doran brokered the transaction the second time in five years.