Midwest
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.
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.