RealtyTrac: Foreclosures rising in St. Louis, Chicago and Minneapolis, falling in Detroit

May 17, 2012 If it's true -- and it is -- that the commercial real estate market won't see a more robust recovery until the housing market stabilizes, than commercial real estate professionals got some bad news regarding two major Midwest markets. According to the latest numbers from RealtyTrac, foreclosure activity jumped significantly in both St. Louis and Chicago in April compared with the same month last year. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News

Columbus’ Red Mortgage Capital provides more than $43 million worth of FHA financing for multi-family properties in three states

May 17, 2012 Columbus, Ohio-based Red Mortgage Capital, LLC, recently processed and funded more than $43 million of non-recourse FHA financing for properties in three states. Read more...

Midwest Real Estate News, News

Lee & Associates’ Madison, Wis., office earns CoStar Power Broker award

May 17, 2012 The Madison, Wis.. office of Lee & Associates was recently selected by CoStar Group as a recipient of the CoStar Power Broker Award for being the top leasing firm in the Milwaukee/Madison market. Read more...

Midwest Real Estate News, News

NAI Harding Dahm closes three deals in Indiana

May 17, 2012 Fort Wayne, Ind.-based NAI Harding Dahm recently closed several transactions in the Fort Wayne area. Read more...

Midwest Real Estate News, News

Mid-American Real Estate closes sale of former Border’s Books in Michigan

May 17, 2012 When Border's Books went out of business last year, the move left behind several large empty storefronts across the Midwest. At least one of these spaces in Michigan, though, has recently been sold. Read more...

Midwest Real Estate News, News

Clayco tackles Cupples 9 renovation project in St. Louis

May 17, 2012 Clayco Inc. has started work on the Cupples 9 renovation project in downtown St. Louis. This $30 million project is adjacent to Busch Stadium, just south of the Westin at Cupples Station. It neighbors the award-winning Cupples Station Loft Apartments, which Clayco completed in 2006. Read more...

Midwest Real Estate News, News

Omaha’s Seldin Company donates more than 17,000 pounds of food to food bank

Omaha's Seldin Company, along with 59 of its affiliated apartment communities, donated 17,620 pounds of food products to Food Bank for the Heartland this holiday season. Read more...

Cassidy Turley’s Bender: Larger transactions are returning to the Cincinnati market

Jeffrey Bender, executive managing director and principal with the Cincinnati office of Cassidy Turley, has some good news: Larger-scale deals are returning to the Cincinnati market. Bender explains why in this guest column for Midwest Real Estate News. Read more...

Village Green, Mill District City Apartments buck economic trends in Minneapolis

Jonathan Holtzman isn’t in denial. He knows that this isn’t the easiest time to build any commercial project. But that didn’t stop Holtzman, chief executive officer of Minneapolis’ Village Green, from pressing forward with his plans to bring 175 luxury apartments to the Mill District/Washington Street corridor of Minneapolis. Read more...