Thursday, March 28, 2024

Midwest-North region

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

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...
Cassidy on Canal

Habitat Begins Pre-Leasing at Cassidy on Canal, the Newest Luxury Rental High-Rise in Chicago’s...

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, announced pre-leasing is underway for Cassidy on Canal, a new 33-story, 343-unit Class A rental tower at 350 N. Canal St. in Chicago’s Fulton...
Duncan Apartments

CEDARst Refinances the 260-Unit Duncan Apartments Building in Chicago and Pays Off First Mortgage...

CEDARst Companies, a Chicago based developer, has refinanced the Duncan Apartments, located at 1515 W. Monroe Street, with a $44,000,000 CMBS loan from Citigroup, arranged by Berkadia. The first mortgage loan for Duncan Apartment is...
Home at Ashcroft

Lynd Opens Decorated Models for Home at Ashcroft, a New Build-to-Rent Community with 178...

Lynd, a national real estate development and property management firm, announced the opening of its two decorated models for Home at Ashcroft, a new build-to-rent (BTR) planned community at 137 Dorset Avenue in Oswego,...
Lexington Hills

Monument Capital Management Disposes of Lexington Hills Apartment Community in Eagan Minnesota

Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announced the sale of Lexington Hills Apartments in Eagan, Minnesota. The sales price was not...
Springfield Avenue

Interra Realty Brokers $1.3M Sale of 13-Unit Apartment Building on Springfield Avenue in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.3 million sale of a 13-unit garden-style apartment building at 1858 S. Springfield Avenue in Chicago’s Lawndale neighborhood. The price...
Broadway Apartments

Des Moines Multifamily Property Broadway Apartments Acquired by NAS Investment Solutions

NAS Investment Solutions (NASIS), a national sponsor known for high quality passive real estate investments with reliable yield performance, has acquired Broadway Apartments, a three story, 120-unit multifamily property complex in Des Moines, Iowa. The...
Southdale Parc and Wingate Apartments

JLL Closes Sale of Two Twin Cities Multi-Housing Communities, Southdale Parc and Wingate Apartments

JLL Capital Markets announced that it closed the sale of two Twin Cities multi-housing properties, including the 69-unit Southdale Parc Apartments in Richfield, Minnesota and the 136-unit Wingate Apartments in New Hope, Minnesota. JLL worked...
Salisbury Campus

Champion Real Estate Company Acquires Salisbury Campus Apartments Near Purdue University

Champion Real Estate Company (“Champion”), announced that it has acquired Salisbury Campus Apartments, a five-building student housing community near Purdue University at 300, 310 and 318 Salisbury Street and 229 and 235 Littleton Street...
Wolcott Avenue

Interra Realty Brokers $4.2M Sale of Walk-Up Apartment Building on Wolcott Avenue in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.2 million sale of a 16-unit apartment building at 5073 N. Wolcott Avenue in Chicago’s Ravenswood neighborhood. The price per...
Haven Woodridge

Bender Companies Expands Illinois Footprint with Acquisition of Haven Woodridge, to be Renamed Edgewood...

Bender Companies, a vertically integrated multifamily investment firm, announced its acquisition of Haven Woodridge, located at 8109 IL-53, Woodridge, Illinois. “We’re excited to get to work,” said Kurt Bender, the firm’s Founder and Principal, “Haven...
Light Road Apartments

Marcus & Millichap Closes Chicago-Area Light Road Apartments Asset Sale in Oswego

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Light Road Apartments, a 168-unit multifamily asset in Oswego, Illinois. “The property...
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