More than 200 results for “apartment”
Retail N Illinois

Luxury rental tower Optima Signature welcomes Egg Harbor Cafe

Optima Signature, a 57-story, 490-unit luxury apartment tower just east of Chicago’s Magnificent Mile, has signed a lease with Egg Harbor Café, a restaurant specializing in breakfast, brunch and lunch with 20 locations in Illinois, Wisconsin and Georgia. Expected to open in fall 2019, it will be the first downtown Chicago location for the brand.

Seniors Housing N Illinois

POAH acquires Chicago-area YMCA senior housing properties

Preservation of Affordable Housing (POAH) is acquiring six senior housing facilities financed by HUD and currently owned by YMCA Foundation entities. POAH will continue providing affordable rental housing to seniors at all 461 apartments, which were previously managed by the YMCA of Metropolitan Chicago. As the new owner, POAH will honor ex…

Finance N Illinois

Draper and Kramer hires Jacob Vial as SVP for FHA/HUD lending

Draper and Kramer has hired Jacob Vial as senior vice president in the company’s commercial finance group, overseeing Federal Housing Administration/Housing and Urban Development lending for multifamily and senior housing properties. Based out of the firm’s Chicago headquarters, he will serve as chief underwriter for all credit decisions an…

Multifamily i Ohio

Sputtering? Not Columbus' apartment market

| Dan Rafter

Finding an apartment in one of Columbus’ top neighborhoods? That’s not easy. For proof, look to the 2019 Columbus, Ohio, multifamily forecast report released by Marcus & Millichap. According to the report, Columbus’ apartment vacancy rates will remain among the lowest of major U.S. metropolitan areas throughout this year.

Finance N Illinois

Old Town multifamily project a go with closing of funding round

New York-based Prodigy Network has closed the first round of equity funding for a seven-story multifamily building in the Old Town neighborhood, its inaugural project in Chicago. The $22 million raised will facilitate property acquisition and predevelopment costs for the project at 1400 N. Orleans Street, Old Town Residences, which moves to…

CRE N Illinois

Q&A: Tim Anderson of Focus

| Matt Baker

Tim Anderson is CEO and founder of Focus, a Chicago-based firm that delivers development, construction and consulting services. He got his start in commercial real estate over 40 years ago and since then has been a trailblazer for industry diversification.

Multifamily N Illinois

Luxury Living Chicago Realty begins leasing River City Apartments

With the kick off of leasing at River City Apartments, Luxury Living Chicago Realty has revealed the renovated one-bedroom model unit. Designed by Devon Grace Interiors, renovated units include quartz countertops, white cabinets, custom closets, in-unit washer and dryer and wood-plank floors. Units are now available for new residents at the…

CRE N Illinois

Mark Skender receives lifetime achievement award from UW-Madison

Skender CEO Mark Skender was recently awarded a Lifetime Achievement Award from the University of Wisconsin–Madison Construction Club. Since 1997, the club has served the needs of the university’s construction engineering and management programs by fostering contacts between UW–Madison engineering students and the design and construction industry.