CRE W Minnesota Industry veteran joins Minneapolis office of Opus Tony Phelps recently joined the Minneapolis office of Opus Development Company as a senior director of real estate development.
CRE L Iowa Marcus & Millichap closes apartment sale for $2.9 million in Iowa Marcus & Millichap Real Estate Investment Services recently closed the sale of Woodland Apartments, a 60-unit apartment property located in West Des Moines, Iowa. The asset commanded a sales price of $2.9 million.
CRE c Nebraska Seldin and Coldwell Banker Commercial Real Estate Group form new company in Omaha The commercial real estate division of Omaha-based real estate development and management firm Seldin Company recnetly combined operations with the former Coldwell Banker Commercial Real Estate Group. This merger forms a new company, World Group Commercial Real Estate.
CRE Midwest Inland negotiates lease in Oak Brook for Olivet Nazarene Inland Real Estate Brokerage, Inc. has completed a lease with Olivet Nazarene University for 11, 629 square feet at the Oak Brook International office campus, located at the corner of Butterfield and Meyers in Oak Brook, Il
CRE W Minnesota Arbor's Patrick McNulty: Minneapolis/St. Paul remains great multi-family market Patrick McNulty, a director with Arbor Commercial Mortgage, had plenty of positive things to say about the multi-family market in the Minneapolis/St. Paul region.
CRE c Nebraska St. Louis' Byrne & Jones Construction forms new division specializing in athletic fields After more than three decades of installing athletic surfaces, culminating in its busiest year ever in 2010, St. Louis-based Byrne & Jones Construction Inc. has launched Byrne & Jones Sports – a new division that will specialize in building and maintaining sports surfaces in a 10-state region centered by Missouri.
CRE V Michigan Detroit's MayfieldGentry hires industry pro to vice president position Detroit-based MayfieldGentry Realty Advisors, LLC recently appointed Carmen Ortiz-McGhee to vice president of Investor Relations and Business Development.
CRE P Kansas Kansas' BHC Rhodes hires pro to focus on customer service Overland Park, Kan.-based civil engineering firm BHC Rhodes recently hired Larry Winn as a customer development strategist.
CRE v Wisconsin Do you know a commercial real estate Hall of Famer? Check out Midwest's first-ever Hall of Fame issue In December, Midwest Real Estate News ran its first Hall of Fame issue, a special edition highlighting the careers of the most accomplished commercial real estate professionals in the Midwest. Commercial stars from every state in the Midwest were featured. We are especially proud of this issue, as we think it provides a host of lessons to every broker, developer, commercial real estate attorney or other industry professional who wants to be a Hall of Famer, too, one day.
CRE i Ohio Michigan's Signature Associates welcomes new sales associate Caroline Fox Pavone recently joined the Kalamazoo, Mich., office of commercial real estate firm Signature Associates. She is working as a sales associate.
CRE v Wisconsin Grandbridge funds $22-million multi-family property in Wisconsin The Milwaukee office of Grandbridge Real Estate Capital recently originated and closed a $22 million first mortgage loan secured by Hidden Oak Estates, a 324-unit multi-family community located in Pleasant Prairie, Wis.
CRE N Illinois Essex Realty Group sells multiple apartment complexes in Chicago Chicago's Essex Realty Group, Inc. recently sold multiple apartment buildings on the South Side of Chicago. The company handled the sale of 2304, 2310 and 2320 W. Garfield in the Gage Park neighborhood of Chicago. The property consists of three separate buildings: two six-unit walk-ups and one 18-unit courtyard building.
CRE N Illinois Chicago’s largest CRE forecast event set for Jan. 18 The Annual Commercial Real Estate Forecast Conference produced by the Illinois Real Estate Journal returns to the Marriott Chicago for its ninth annual gathering on Jan. 18. The conference remains the longest-running and largest commercial real estate forecast in Chicago.
CRE N Illinois Industry veteran Douglas Kramer passes away in late 2010 The Chicago real estate industry lost one of its longtime leaders late last year when Douglas Kramer, chairman of the board of Chicago real estate firm Draper and Kramer, passed away.
CRE P Kansas Arbor Commercial funds three loans in Kansas, Illinois Uniondale, N.Y.-based Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, recently funded three loans totaling $8.15 million under the Fannie Mae DUS® Loan, Fannie Mae DUS® Small Loan and Fannie Mae DUS® Multifamily Affordable Housing (MAH) Low-Income Housing Tax Credit (LIHTC) Loan product lines across the Midwest.
CRE N Illinois Saia earns promotion at Chicago suburban Marcus & Millichap office The board of directors of Marcus & Millichap Real Estate Investment Services recently promoted Tammy Saia to associate vice president of investments.
CRE W Minnesota Pinnacle takes over management of two Minnesota multi-family buildings Pinnacle, a global real estate provider, has been awarded management of the 508-unit Eden Place Apartments in Eden Prairie, Minn., and the 282-unit Regency Woods Apartments in Minnetonka Minn.
CRE v Wisconsin Midwest Hall of Fame: Mark Irgens, Irgens Development Partners In December, Midwest Real Estate News ran its first Hall of Fame issue, profiling 60 of the biggest names in the commercial real estate business. Mark Irgens with Milwaukee's Irgens Development Partners was one of the members of this first Hall of Fame class. Here's his profile, and the list of his accomplishments.