Centerline Capital Group refinances 186-unit apartment complex near St. Louis

March 20, 2012 Centerline Capital Group recently provided an $11.4 million Fannie Mae DUS Choice refinancing for the Woodchase Apartments in Chesterfield, Mo., near St. Louis. Read more...

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Marcus & Millichap sells 170-space manufactured housing community in Illinois

March 15, 2012 Marcus & Millichap Real Estate Investment Services recently sold Mt. Morris Estates, a 170-space manufactured home community property located in Mount Morris, Ill. The asset commanded a sales price of $3.6 million. Read more...

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Marcus & Millichap closes sale of 208-unit multi-family property in Indiana

March 14, 2012 Marcus & Millichap Real Estate Investment Services recently closed the sale of Cross Lake Apartments, a 208-unit apartment complex in Evansville, Ind. The sales price of $13.8 million represents $66,587 for every unit and $68 a square foot. Read more...

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Grandbridge originates $9.2 million loan for apartment community in Wisconsin

March 09, 2012 Grandbridge Real Estate Capital recently originated and closed a $9.2 million first mortgage loan secured by Foxhaven Apartments, a 128-unit residential community located in Brookfield, Wis. The loan was placed for Wisconsin-based, Wimmer Communities. Read more...

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Thompson closes three transactions across Chicago

March 07, 2012 Brad Thompson, vice president of Millennium Properties, has announced the completion of three transactions in the Chicago area on behalf of Bayview Loan Servicing. Read more...

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NAR singles out Minneapolis/St. Paul for praise in quarterly commercial real estate forecast

March 07, 2012 Commercial brokers throughout Minnesota should be seeing vacancies falling and rents increasing in all commercial real estate sectors. And they should be seeing dramatic improvements in the multi-family market. At least that's according to the researchers at the National Association of Realtors. Read more...

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Federal Reserve report brings good news to commercial real estate pros in Twin Cities

March 07, 2012 If you're looking for signs that Minneapolis is faring well, comparatively, during these challenging economic times, the Federal Reserve Board is there for you. Read more...

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Tikijian Associates sells multi-family property in Indianapolis

March 05, 2012 Indianapolis' Tikijian Associates recently arranged the sale of Hillcrest Woods, a 384-unit apartment community located on the northeast side of Indianapolis. Read more...

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Moran & Company: Twin Cities’ multi-family market among the strongest in the country

February 29, 2012 Peter Evans believes in the Twin Cities. And so does the company he serves as partner, Chicago's Moran & Company. It's no surprise, then, that Moran & Company continues to do steady business in the Minneapolis/St. Paul multi-family market. Read more...

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Walker & Dunlop provides funding for 216-unit apartment community in Louisville

February 28, 2012 Walker & Dunlop, Inc. recently provided $7 million in interim financing for Renaissance St. Andrews Apartments, a Class-A garden-style residential apartment community located in Louisville. Read more...

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