Midwest
Minneapolis’ Tallest Luxury Condo Tower Breaks Ground
Setting a record for the state, the 41-story high-rise has received nearly $190 million in financing from Related Fund Management and Bank OZK.
Affordable Nashville Community Lands Refi
Pathway Lending originated the nearly $5 million financing package, which pays down a prior HUD loan from Greystone.
Chicago’s The 78 Gets in Gear
Related Midwest’s Curt Bailey tells how the $7.2 billion megadevelopment will reshape the workplace and urban living in the Windy City.
Student Housing Community Wraps Up in Detroit
Developer Corvias and Wayne State University have finished the second phase of the 841-bed project.
Chicago’s 200 Squared to be Converted to Apartments
Managed by Lincoln Property Co., the 42-story downtown tower currently offers corporate housing.
JVM Buys 2nd Chicago Community In 2 Weeks
Following the acquisition of the 254-unit suburban luxury property, the buyer now owns and operates five assets in the metro.
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.