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11th Annual Multifamily & Apartment Conference
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Friedman Integrated Real Estate Solutions was recently awarded management of Bay Manor Apartments in Bay City, Mich.
Aries Capital Vice President Eric Jones has arranged $1.56 million in permanent debt on behalf of borrower, Metro Property Group. The loan was used to purchase a 65-unit apartment building located at 7733 S. South Shore in Chicago.
Sheldon Good & Company will sell South Shore Health & Rehabilitation, a 129-bed skilled-nursing facility in Gary, Ind., at auction Nov. 6. The property is guaranteed to sell at or above its starting bid of $1.5 million.
Kraus-Anderson Construction Company will begin construction on a Country Inns & Suites By Carlson in Bemidji, Minn.
General contractor Weis Builders has completed five low-rise buildings at Lake Park Crescent. The $44 million redevelopment encompasses more than two city blocks.
Kiser Group has been retained to sell several apartment buildings in Chicago, including a 206-unit, four-building portfolio in the South Shore neighborhood and a five-unit three-flat in Wrigleyville.
Marcus & Millichap Real Estate Investment Services has sold 6920 S. Crandon Ave., a 65-unit 11-story affordable multifamily property located in Chicago’s South Shore neighborhood. The asset commanded a sales price of $4.1 million.
Inland ports increasingly have taken on a more important role as companies further look to efficiently transport products to consumers at the lowest possible cost.
E-commerce is redefining how some distribution centers do business.
McShane Construction Co. has been awarded the new 89,630-square-foot Oakwood Shores Terrace Apartments and Mercy Medical Center assignment.
HFF has been named to market for sale 1401 S. State St., a class A, 22-story, urban loft high-rise in Chicago.
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.