Thursday, April 25, 2024

Midwest-North region

Midwest-North region includes: Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.

Sixteen30

Wingspan Development Announces Sale of Sixteen30, a 284-Unit Luxury Rental Community in Chicago’s Southwest...

Wingspan Development Group, a national development firm, announced the sale of Sixteen30, a Class A apartment community of 284 units it developed in Plainfield, Illinois, about 40 miles southwest of Chicago. Menomonee Falls, Wis.-based...
Foote Hills

The GSH Group Announces Sale of Foote Hills Property, Achieving Impressive Investor IRR of...

The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an...
Somerset

MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village

MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan within the Detroit MSA. The communities...
Park Drive

JLL Arranged the Refinancing of the 444-unit Multifamily Community on Park Drive in Chicago

JLL Capital Markets announced that it has closed the $127 million refinancing of 465 N. Park Drive, a 444-unit, multifamily project located in the Streeterville neighborhood of downtown Chicago. JLL represented the borrower, a joint...
Canyons

McShane Construction Company Selected to Build Affordable Housing Residence Canyons in Madison Wisconsin

McShane Construction Company was selected by repeat client Lincoln Avenue Communities to build Canyons, a 60-unit affordable housing residence in Madison, Wisconsin. “We’re excited to partner with Lincoln Avenue Communities on another project,” shared Alison...
Algonquin Senior Living

Inland Fully Subscribes $46M Illinois Senior Housing DST Offering Algonquin Senior Living

Oak Brook, Illinois-based Inland Private Capital Corporation (IPC) has completed a more than $46 million capital raise for the private investment offering of Algonquin Senior Living DST, an IPC-sponsored Delaware statutory trust. The DST owns...
Campusville

Farbman Group Launches Student Housing Venture Campusville

Farbman Group, a full-service commercial real estate firm, announced the launch of Campusville, a comprehensive student housing, property management, maintenance, development, construction and investment sales platform. With the landscape of higher education evolving rapidly,...
Grand Avenue

Interra Brokers Sale of Trio of Buildings on Grand Avenue in the Chicago Suburb...

Interra Realty brokered the sale of three multifamily properties all near each other on Grand Avenue in River Grove, Illinois, a near western suburb of Chicago, to two separate ownership groups. A two-property, 12-unit portfolio...
Thrive on King

CIBC Announces Newest Affordable Housing Project Thrive on King in Downtown Milwaukee Wisconsin

CIBC announced its involvement in the Thrive on King project, a historic adaptive reuse initiative that will transform a former department store building into 90 units of affordable housing in downtown Milwaukee. "We are excited...
Green Oaks of Goshen

Evergreen Real Estate Group Completes 120-Unit Affordable Assisted Living Community Green Oaks of Goshen...

Evergreen Real Estate Group announced the completion of Green Oaks of Goshen, a four-story, 120-unit assisted living community for low-income seniors in Goshen, Indiana. Evergreen Construction Company, a division of Evergreen Real Estate Group,...
Elm Point Apartments

RMK Management Named Property Manager for 2 Rental Communities in Illinois, Oak and Elm...

RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been selected by Churchill Living as property manager for two rental communities in central Illinois effective March 1: Elm Point Apartments,...
Bon Air Apartments

Red Oak Capital Holdings Provides $4M for Indianapolis Multifamily Makeover at Bon Air Apartments

Red Oak Capital Holdings, LLC has provided a $4-million bridge loan for the Bon Air Apartments, a multifamily complex located in Indianapolis, Indiana. The funds will be used to pay off an existing loan...
Island Terrace

Merchants Capital Provides More Than $103M in Financing for the Rehabilitation of Affordable Island...

The Chicago office of leading financial services provider Merchants Capital announced that it provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing for the rehabilitation...
Solverre

Willow Bridge Presents Solverre, 303 Rentals Now Leasing in Chicago’s Uptown Neighborhood

Willow Bridge announces a new 303-unit multifamily development in Uptown Chicago, Solverre, is now pre-leasing and scheduled to open its doors this spring. Situated at 4600 N Marine Drive, Solverre is just steps from Uptown’s...
Salisbury Campus Apartments

JLL Advised on the Sale of the 85-unit / 290-bed Salisbury Campus Apartments in...

JLL Capital Markets announced that it closed the sale of Salisbury Campus Apartments, a five-building, 85-unit / 290-bed student housing community located near the campus of Purdue University in West Lafayette, Indiana. Built from 1983...
Yield PRO