Regions
Affordable Community Trades in KC
CBRE Capital Markets provided more than $11 million in Fannie Mae financing to the buyer, Peak Capital Partners, for the 260-unit multifamily asset.
Student Housing Asset Commands $55M in Tight Canadian Market
Cushman & Wakefield worked on behalf of Alignvest Student Housing to acquire the 357-bed property from CA Ventures of Chicago.
Cleveland’s Rent Growth Picks Up the Pace
With demographic contraction moderating and demand improving, rent growth in Cleveland is once again accelerating, at 2.2 percent year-over-year through October 2018.
Bird Home Automation Expands Intercom Line
The Berlin-based manufacturer’s new IP video door station allows users to see and talk to visitors remotely and includes a keypad for access control PIN codes.
New Chicago Luxury Tower Sells for $121M
The 265-unit high-rise developed by Moceri + Roszak marks Canada-based Pacific Reach Properties’ first multifamily acquisition in the city.
Kiser Group Brokers $38M Sale of Chicago Condominium Asset
ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.
Essex Realty Brokers Sale of Chicago Value-Add Multifamily Asset
The company represented both the seller and the buyer in the transaction of Lakeside Village of Mundelein, a 10-building community located in Mundelein, Ill.
NE Off-Campus Student Housing Asset Changes Hands
GMH plans to rename the 632-bed student housing community to Academy Lincoln. The property serves students at the University of Nebraska-Lincoln.
Santa Barbara Luxury Asset Sells for $56M
Institutional Property Advisors of Marcus & Millichap brokered the sale of the 89-unit property, on behalf of a partnership based in Los Angeles.
Simbol Commercial Sells Kansas City High-Rise
Arbor Commercial Funding provided the buyer with $30 million of Fannie Mae acquisition financing for the purchase of the 35-story tower.