Midwest
Spaulding Group Buys Milwaukee-Area Property
Trike Property Management sold the 199-unit community after 15 years of ownership.
Chicago Multifamily Report – Fall 2019
The overall demand for multifamily housing is strong, but the market’s performance is bifurcated.
Chicago-Area Senior Housing Community Opens
The property is the latest development from Resort Lifestyle Communities, which recently opened a senior housing project in Pittsburgh.
Fifield Tops Off Chicago Community
The 188-unit luxury residential building in the River West neighborhood is slated to open in the fall of next year.
Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
LEED Silver Affordable Housing Asset Puts on Rooftop Solar
The power capacity is estimated to reduce the cost of electricity by as much as 50 percent and will pay for itself in nine to 10 years.
Walker & Dunlop Arranges $48M Loan for Grand Rapids-Area Community
Vice President Benjy Krosin partnered with Inner Circle Holdings’ President Kari Zapolski to originate the transaction.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Time Equities Breaks Ground on Tallest Tower on Michigan Avenue in Chicago
The team behind 1000M also includes JK Equities, Oak Capitals and McHugh Construction Co. Helmut Jahn is the architect of the project while Kara Mann will design the interiors.
Berkadia Secures $68M Loan for Cleveland Community
Director Dan Geuther arranged the Freddie Mac loan on behalf of Midwest Development Partners, the developer of Centric Apartments.