Midwest
LR Management Buys Detroit-Area Community
The acquisition of the 62-unit asset in Farmington Hills, Mich., was subject to a $3.5 million Fannie Mae loan from Greystone.
IRET Expands Denver, Minneapolis Portfolios
Apart from paying $125.3 million for two communities in Colorado and Minnesota, IRET also sold its entire Topeka, Kan., portfolio for $82.8 million.
AndMark Expands Columbus Footprint
The investment fund currently owns 1,300 units in the market after buying a portfolio of three neighboring apartment communities.
Chicago Condominium Welcomes First Residents
The 50-unit luxury tower is located alongside the Chicago River in the city’s River North neighborhood.
Waterton Expands Chicago Team
Stella Pappas brings more than 15 years of real estate investment, acquisition and asset management experience to her new role.
Upzoning: Building More to Rent for Less
A few U.S. cities are overhauling zoning rules to increase density and expand the supply of affordable housing. It might take years, however, to find out if significant improvements were made.
276-Unit Kansas City Community Opens Doors
Watermark at Tiffany Springs, a luxury multifamily asset, is Watermark Residential’s first property in the metro.
Luxury Senior Housing Project in Kansas City Completed
Tutera Senior Living & Health Care has opened the memory care and assisted living units of the $55 million community.
Luxury Senior Housing Underway in Chicago
Senior Lifestyle Corp. and Kaufman Jacobs started construction on a 200-unit upscale community offering independent living, assisted living and memory care.
Aeon Opens Twin Cities Affordable Community
Situated in Minneapolis’ growing Towerside district, The Louis directly responds to the neighborhood’s lack of affordable housing.