The Habitat Company starts construction of 450-unit luxury high rise

February 01, 2012 The Habitat Company has announced the start of construction of a 43-story, 450-unit luxury high rise in Chicago in a joint venture with Multi-Employer Property Trust and a major institutional investor. Read more...

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Berkadia originates $23 million in refinancing for Milwaukee multifamily property portfolio

January 27, 2012 Berkadia Commercial Mortgage LLC closed a portfolio of five multifamily properties in Milwaukee, Racine and Cudahy, Wis. through the HUD 223 (f) program, totaling nearly $23 million in refinancing. Read more...

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NorthMarq Capital arranges $21 million mortgage for Williams Reserve in Palatine

January 18, 2012 Sue Blumberg, senior vice president and managing director of NorthMarq Capital’s Chicago regional office, has arranged first mortgage refinancing of $21 million for Williams Reserve, a multifamily property located at 1245 Prairie Brook Drive in Palatine. Read more...

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PCCP, LLC Provides $38.72M to Recapitalize Burr Ridge Village Center in Illinois

December 20, 2011 PCCP, LLC has provided a $38.72 million senior loan to finance the note purchase and provide funds for completion and leasing costs for Burr Ridge Village Center, a mixed-used property located at 1000 Village Center Drive in Burr Ridge Ill, a southwestern Chicago suburb. The owner of the property is an entity managed by Founders Properties. Read more...

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Sperry Van Ness completes $3.3M sale of failed condo building in South Loop

December 14, 2011 Jeff Baasch, director of multifamily sales at Sperry Van Ness, has closed the sale of a 54,000-square-foot timber loft building at 2100-14 S. Indiana in the South Loop. Read more...

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Essex completes sale in Chicago

December 07, 2011 Essex Realty Group, Inc. is pleased to announce the sale of 4875 N. Magnolia, a 75-Unit building located in Chicago’s Uptown neighborhood. Read more...

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Interra Realty announces several sales

December 07, 2011 Interra Realty has brokered two multifamily transactions in Chicago for a total of $3.17 million. Read more...

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HFF closes $90M sale of 77 West Huron

December 01, 2011 HFF announced that it has closed the sale of 77 West Huron, a 304-unit, 25-story luxury multi-housing community with ground-floor retail space in Chicago’s River North neighborhood. Read more...

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$159 million sale of Regents Park in Chicago closed by HFF

November 16, 2011 HFF announced that it has closed the sale of Regents Park, a two-tower, 1,031-unit multi-housing property with 7,591 square feet of ground floor retail space in Chicago. Read more...

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Essex Realty brokers sale of two apartment buildings for $4.12M

November 09, 2011 Essex Realty Group, Inc. has brokered the sale of 1063 West Columbia and 1101 West Columbia,two vintage apartment buildings located in the Rogers Park neighborhood of Chicago, for $4.125M. Read more...

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