Saturday, April 20, 2024

Midwest-North region

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

Woodrow Apartments

Record sale of multihousing community in North Dakota closes for $19 million

JLL Capital Markets announced that it has closed the $19 million sale of Woodrow Apartments, a 97-unit apartment complex located in Fargo, North Dakota. JLL marketed the property on behalf of local Fargo-based seller, Kilbourne...
The Residences at Hamilton Lakes

JVM Realty Corp. acquires luxury multifamily community in DuPage County, Illinois

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced the acquisition of The Residences at Hamilton Lakes, a 297-unit luxury apartment community in the highly desirable northwest...
Summertown Apartments

Trez Capital closes $19.4 million construction loan for rental project in growing Boise, Idaho

Trez Capital, a private real estate lender helping to build better communities across North America, funded a $19,400,000 construction loan for the Summertown Apartments project in Meridian—a popular suburb of Boise, Idaho. The borrower...
3708-14 N. Sheffield Ave

Interra Realty brokers $7.4 million sale of 26-unit multifamily building in Chicago’s Wrigleyville Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sale of 3708-14 N. Sheffield Ave., a 26-unit vintage courtyard building in Chicago’s Wrigleyville neighborhood, steps from Wrigley Field. The...
Prelude at Paramount

Institutional Property Advisors completes multifamily sale outside of downtown Boise

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Prelude at Paramount, a 280-unit core multifamily asset located in Meridian, Idaho. “Prelude at Paramount is located just 12-miles from Downtown...
City View at the Highlands

Another large multihousing community in suburban Chicago trades to NYC investor

JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building located in the Chicago suburb of Lombard, Illinois. JLL represented the sellers, a...

Moline Management, LLC acquiers 214 unit mature LIHTC portfolio

Moline Investment Management (MIM), an affordable and market-rate housing specialist investment manager focused on the development, redevelopment, ownership, and operation of multifamily assets across the Midwest and Central U.S. has acquired a 214-unit mature...
901 Main

Marcus & Millichap arranges the sale of residential and retail property in Green Bay,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of 901 Main, a 20,000-square-foot mixed-use residential and retail property located in...
Howard Theater Building

Becovic adds iconic Howard Theater Building in Rogers Park to its portfolio

Becovic, a Chicago-based multifamily owner and operator, has added The Howard Theater Building to its Rogers Park portfolio. The mixed-use property at 1615-43 W. Howard Street sold for $7,500,000 and was brokered by Becovic...
Park Ridge Commons

Kiser Group advises on $117 million Park Ridge Commons sale

Kiser Group, Chicagoland’s leading multifamily brokerage firm, represented both the buyer, Bayshore Properties, and seller, H.A. Langer & Associates, in the sale of Park Ridge Commons in Des Plaines, Illinois. The 752-unit multifamily property...
The Clark Rogers

Becovic acquires 19-unit Courtyard Building in Rogers Park for $2.2 million

Becovic, a Chicago-based multifamily owner and operator, adds another Rogers Park property to its portfolio. The company announced the closing of The Clark Rogers, a 19-unit courtyard building located at 7417-27 N. Clark Street....
Bee Creek

Cushman & Wakefield arranges sale of Branson multifamily community

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Bee Creek, a 224-unit multifamily community located in Branson, Missouri. Martin Bynum of Cushman & Wakefield represented the seller, Bee...
Benjamin Hestir

Environmental site assessment pro joins JLL’s new EPC team

JLL’s Valuation Advisory group announced that has hired professional engineer Benjamin Hestir to join its growing Environmental and Property Condition (EPC) team as a Project Management Director specializing in environmental site assessment. In his new...
The Lakes Apartments

Indianapolis multihousing community refinanced for $26.872 million

JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana. JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...
Bancroft Dixwell Apartments

MassHousing closes on $35.3 million in financing for the refinancing and major renovation of...

MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain.    Urban Edge will utilize the...
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