Multifamily N Illinois Blue Vista acquires 504-residence student-housing complex in Chicago’s South Loop Blue Vista Capital Management recently acquired Univesity Center Chicago, a 1,732-bed student-housing complex in Chicago’s South Loop neighborhood.
Multifamily W Minnesota CBRE helps sell 198-unit apartment community in Minneapolis CBRE Multifamily represented ownership in the sale of Track 29, a 198-unit apartment communityin Minneapolis, to an institutional buyer for $53.2 million.
Multifamily N Illinois Affordable apartment rents in Chicago? Good luck Are apartment rents affordable anywhere in Chicago?
Multifamily N Illinois Polly Kuehl: Approach property management of affordable housing with 'whole person' mindset For Polly Kuehl, property management in the affordable housing sector is about the people and property as a whole. And then paperwork, lots of paperwork.
Multifamily v Wisconsin Evergreen Real Estate Group to manage 11 affordable-housing communities Chicago-based Evergreen Real Estate Group, has been retained to manage 11 affordable housing communities made up of 1,436 units in Illinois, Wisconsin and Pennsylvania.
Multifamily X Missouri Construction begins on luxury apartment building in Kansas City’s Crossroads Arts Distrct Construction has officially begun on ARTerra, a 12-story luxury residential building that is the first high-rise apartment building to be built in the Crossroads Arts District area of downtown Kansas City, Missouri. The project is being jointly developed by Altus Properties of St. Louis and Copaken Brooks of Kansas City.
Multifamily W Minnesota Which Midwest state has the most expensive apartment units? The national median rent for a one-bedroom apartment across the country rose and fell throughout the first six months of the year. But as of July, this figure stood at $1,016, which is about where it started in January, according to the mid-year rent report by ABODO.
Multifamily p Tennessee That’s a lot of apartments! RENTCafe says multifamily construction at an all-time high The number is staggering: The National Multifamily Housing Council says that developers would have to deliver 4.6 million new apartment units across the country by 2030 to meet the demand that consumers have for rental housing.
Multifamily N Illinois Chicago condo deconversions trending, signals multifamily hotter than ever Overall, there's been a steady increase in renter households the past several years and multifamily construction has reached the highest levels since the 80s, according to a report from FreddieMac. In Chicago, vacancy rates are expected to remain tight this year which will boost rental-income growth expectations.
Multifamily N Illinois Buena Park condo converted to apartments, sold for $16.2M A 101-unit condominium deconversion was finalized at 732 W. Bittersweet Pl. in Chicago’s Buena Park neighborhood, according to Interra Realty.
Multifamily N Illinois Kiser Group transforms work culture to create stronger business When a company reaches a crossroads, you can either "stick your head in the sand, or embrace change," said Lee Kiser, co-founder, principal and managing director of Kiser Group, a Chicago-based mid-market multifamily brokerage firm.
Multifamily W Minnesota United Properties earns approval for 134-unit apartment development in Minnesota United Properties’ plans for Venue, a mixed-use apartment development anchored by the grocery store ALDI, has received site plan approval from the City of Chanhassen, Minnesota, to move forward.
Multifamily N Illinois Marcus & Millichap arrange sale of Mount Prospect apartment building Marcus & Millichap arranged the sale of Rand Park Apartments in Mount Prospect, Illinois, according to a statement from the company.
Multifamily W Minnesota The hardest place to find an empty apartment? It’s in the Midwest Renting an apartment in the Minneapolis-St. Paul market is no easy task today. In fact, this market has the fewest percentage of vacant apartments in the country, according to a recent rental data from real estate analytics firm RealPage.
Multifamily L Iowa Timberland Partners acquires 92-unit apartment community near Des Moines Minneapolis-based Timberland Partners has acquired Prairie Lakes, an apartment community in Ankeny, Iowa. Timberland Partners now owns and manages 62 apartment communities totaling nearly 12,000 apartment units in its portfolio spanning 12 states.
Multifamily N Illinois Chicago luxury apartment rental market evolving, bounds ahead of for-sale product by Sara Freund
Multifamily O Indiana Indianapolis apartment market? Nothing but good news for investors, owners Developers are still busy building new apartment communities throughout the Indianapolis area. But the pace at which they are delivering new units has slowed. This is good news for multifamily owners, as apartment rents in this market continue to rise and vacancies keep falling.
Multifamily i Ohio NAI Ohio Equities helps sell obsolete industrial building in Columbus market NAI Ohio Equities helpd broker the sale of a 265,000-square-foot functionally obsolete industrial building on 10 acres in the submarket of Clintonville, Ohio, to Vision Development Inc.
Multifamily N Illinois Related Midwest’s Sarah Wick receives ULI’s Young Visionary Award Sarah Wick, a project manager at Related Midwest, was awarded ULI Chicago’s Young Visionary Award for her work on the historic Julia C. Lathrop Homes.
Multifamily P Kansas Berkadia closes $15 million loan for Kansas City apartment complex Berkadia provided $15.2 million of financing for SouthRidge Apartments, a multifamily property in Kansas City, Kansas.