Tuesday, October 15, 2019

Midwest-North region

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

Interra Realty brokers $1.55 million sale of 10-unit multifamily building in Chicago’s Avondale Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sale of 3501 N. Albany Ave., a three-story, 10-unit building in Chicago’s Avondale neighborhood. The asset sold for...

Elevate at Southwest Station Apartments Celebrated Grand Opening in Eden Prairie

Timberland Partners, a privately-owned real estate investment, development and management firm, celebrated the grand opening of Elevate at Southwest Station Apartments in Eden Prairie, Minnesota. Elevate features 222 upscale studio, one-, two-bedroom, and penthouse...

Marcus & Millichap Capital Corporation (MMCC) promotes Dean Giannakopoulos to senior vice president

Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has announced the promotion of Dean Giannakopoulos to senior vice president, capital markets. Giannakopoulos, who has...

Metonic Real Estate Solutions acquires Papillion’s Tara Hills Villas Apartments

Metonic Real Estate Solutions is pleased to announce that Tara Hills Villas in Papillion, Nebraska has officially joined its growing portfolio of lifestyle communities. The 120-apartment home property, constructed in 1986, includes one and two-bedroom homes...

McShane Construction Company completes new supportive housing complex in Suburban Cook County

McShane Construction Company is pleased to announce the completion of Heart’s Place Apartments, a supportive housing complex in Arlington Heights, Illinois, completed on behalf of the Housing Opportunity Development Corporation and repeat client, UP...

KTGY Architecture + Planning unveils details behind the design of Grid Apartments in Downtown...

KTGY Architecture + Planning, an international award-winning architecture firm, today revealed details behind the design of Grid, a 175-unit rental community located in downtown Indianapolis. Developed by Milhaus, the five-story development at 520 E....

Kiser Group brokers 64-unit condo deconversion in Uptown for $12.5 million

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered Dover Court Condominiums for $12.5 million in a Section 15 deconversion sale. The buyer, Neriel Lagoon LLC, acquired the property and will convert all of...

Merchants Capital secures HUD-insured construction loan for development in Mequon, Wisconsin

Mortgage banking firm Merchants Capital has provided a construction loan and permanent financing for Spur 16, a 156-unit, mixed-use development in Mequon, Wisconsin. As the lender, Executive Vice President Lee Oller and Senior Vice President Susan...

Evergreen Real Estate Group celebrates first move-ins at Northtown Apartments, bringing co-located affordable senior...

Evergreen Real Estate Group today announced the first residents have moved into Northtown Apartments, a 44-unit affordable senior housing community connected to and developed simultaneously with the new Northtown Public Library in Chicago’s West...

Clarendale of Addison hosted ribbon cutting event

Clarendale of Addison, a new senior living community located off Route 53 and I-355 in Addison officially opened its doors last. The Clarendale team along with local community leaders participated in a ribbon-cutting celebration...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...

Marcus & Millichap arranges $4.6 million deconversion sale in Chicago’s Buena Park neighborhood

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the deconversion sale of 4072 N. Sheridan Road, a four-story, 16-unit multifamily building...

Core Spaces announces strategic partnership with Goldman Sachs

Core Spaces, one of the nation's leading developers, owners and operators of high-quality, mixed-use properties in educational markets, announced today its partnership with affiliates of the Merchant Banking Division of Goldman Sachs to recapitalize...

Construction complete on Elan Yorktown, a new multifamily community in Lombard, Illinois

Construction is now complete on Elan Yorktown, a new luxury apartment community located at 50 Yorktown Center in Lombard, Illinois. Elan Yorktown is developed and owned by Greystar, a global leader in the investment,...

Kiser Group brokers two South Side properties totaling $5.3 million

Kiser Group's Noah Birk and Aaron Sklar recently brokered the highest price-per-unit in Auburn Gresham at $93,265 per unit. Located at 8301 S. Paulina, JVB Holdings Chicago LLC purchased the 26-unit multifamily property for...
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