Midwest
Multifamily Development Trends: Becoming Part of the Community
Lifestyle Communities’ Rob Zelina discusses the impact of new developments in Columbus, as well as his company’s most recent project, LC RiverSouth.
Hamilton Zanze Enters St. Louis Market
Once again partnering with Cantor Fitzgerald, the firm picked up the 160-unit Tribeca for $44 million.
Greystar Nabs Chicago Student Housing Asset
Built in 2017, the 15-story property entered into a master lease with Columbia College for 340 beds, while 48 beds are fully leased for the 2019-2020 school year.
Bascom Group Affiliate Expands in Denver With $91M Buy
Bascom Northwest Ventures LLC acquired a 216-unit Class A asset from Greystar.
Pebb Capital Sells Kansas Student Housing Property
The firm purchased the asset back in 2014 and undertook major renovations to the interiors and exteriors.
Passco Pays $40M for Knoxville Community
The 220-unit Class A multifamily asset, which was completed last year, was 90 percent occupied as of September.
Capstone Apartment Partners Arranges North Tennessee Sale
The 32-unit property changed hands with help from the company’s Adam Klenk, Jonathan Hawks and Tyler Mayo, who represented seller Cove Residential in the deal.
Suburban Chicago Property Changes Hands
Broadshore Capital Partners leveraged its value-add experience to upgrade and sell Fairways of Naperville.
Nashville’s 2nd Tallest Building Refinances
TIAA provided Giarratana Development with a $77 million loan for the high-rise, which contains 350 apartments in addition to condominium units, a hotel and retail on the lower floors.
IMT Capital Lands $53M Refi for Nashville Asset
CBRE provided the Freddie Mac financing to the owner of the 330-unit community, retiring a previous $43 million loan.