Archive | May, 2010

Dennis Panzer: Signs of life in the Twin Cities

May 29, 2010 Dennis Panzer, managing principal at the Minneapolis office of Cassidy Turley, isn’t afraid to be labeled an optimist. He told Midwest Real Estate News that he’s seeing new signs of life in the commercial real estate market in Minneapolis/St. Paul. Read more...

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Arbor provides $17 million of funding for Illinois multi-family complex

May 28, 2010 Arbor Commercial Funding, LLC, recently provided the funding of a $17.8 million loan under the Fannie Mae DUS® product line for the 252-unit complex known as Longacre Ponds in Fairview Heights, Ill. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (0)

NRC Realty & Capital Advisors, LLC forms alliance with The Excell Group

May 28, 2010 Chicago-based NRC Realty & Capital Advisors, LLC (NRC) and The Excell Group, Inc. have announced an exclusive partnership for residential real estate transactions in both Washington and Oregon. Read more...

Illinois Real Estate Journal, News Comments (0)

Opus restructures platform with acquisition

May 28, 2010 Opus Holding, L.L.C., has announced that its subsidiary, Opus Design Build, L.L.C., has acquired substantially all of the construction and “design-build” assets of Opus Northwest, L.L.C. and its subsidiary, Opus Northwest Construction, L.L.C. Read more...

Chicago Industrial Properties, News Comments (0)

American Hospital Association moves into 155 N. Wacker

May 28, 2010 American Hospital Association has moved into its new 118,000-square-foot headquarters on four and a half floors at 155 N. Wacker Dr. Read more...

Illinois Real Estate Journal, News Comments (0)

Searching for optimism in a terrible market

May 28, 2010 Let's be honest: The commercial real estate market is terrible. Really terrible. We may be blessed a bit in the Midwest because of the area's conservative nature: We don't get the high highs that markets on the coasts get. Of course, we don't get the low lows, either. That's the benefit. Read more...

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Arbor’s Chicago office funds $2.6-million loan in Minnesota

May 27, 2010 Arbor Commercial Funding, LLC recently funded a $2.6 million loan under the Fannie Mae DUS® Small Loan product line for the 107-unit Summit Breckenridge Apartments in Duluth, Minn. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News Comments (0)

CB Richard Ellis markets high-end community in Indianapolis

May 27, 2010 CB Richard Ellis is now the exclusive marketing advisor for the offering phase of The Grande Reserve at Geist, a 146-unit institutional-grade community located at Geist Reservoir in Indianapolis. Read more...

Midwest Real Estate News, News Comments (0)

Signature Associates negotiates 17,000-square-foot industrial lease in Ohio

May 27, 2010 Southfield, Mich.-based Signature Associates has negotiated the lease of 17,250 square feet of industrial space located in Walbridge, Ohio. Read more...

Midwest Real Estate News, News Comments (0)

McKinley handles dispositon of 338-site community in Indianapolis

May 27, 2010 Ann Arbor, Mich.-based McKinley’s Residential Client Services recently handled the disposition of Shortridge Village, a 338-site manufactured housing community in Indianapolis. McKinley served as the appointed receiver of this community in October of 2009. Read more...

Midwest Real Estate News, News Comments (0)