Multifamily N Illinois
Marcus & Millichap arranges sale of 24-unit Forest Park property

Marcus & Millichap arranges sale of 24-unit Forest Park property

Marcus & Millichap facilitated the sale of 8280-8290 Roosevelt Road, a 24-unit apartment property located in Forest Park, Illinois. Andrean Angelov, first vice president investments, Ryan D. Engle, senior vice president investments, and Samuel M. Antreasian, an associate, in Marcus & Millichap’s Chicago Oak Brook office, exclusively marketed the property on behalf of the seller and also represented the buyer.

Multifamily N Illinois
First look at Wolf Point East amenities

First look at Wolf Point East amenities

Developer Hines has unveiled new amenity renderings of Wolf Point East, the luxury rental tower now under construction at the convergence of the Chicago River branches in River North. Wolf Point East sits above a four-acre riverfront park and as the renderings show, tenant offerings don’t stop at downtown views.

Multifamily N Illinois
River West TOD to break ground next week

River West TOD to break ground next week

Chicago developer Fifield Companies will break ground next week on a mid-rise apartment building at 740 N. Aberdeen Street. Located in Chicago’s River West neighborhood, the FitzGerald Associates Architects-designed transit-oriented development will overlook the Kennedy Expressway.

Multifamily N Illinois
Major Robert Lawrence Apartments, 655 W. 65th Street, Chicago.

The Habitat Company assumes management of 18 affordable housing communities in Chicago

The Habitat Company, a Chicago-based multifamily developer and property manager, has assumed management of 18 Chicago Housing Authority (CHA)-owned affordable housing communities in Chicago. The properties add 4,479 rental units to the portfolio of the Habitat Affordable Group, the company’s affordable housing division, which now operates more than 12,000 units across three states.

Multifamily i Ohio
Body Block Arcade apartments

Smartland seeking investors for two funds in Northeast Ohio

A fast-growing, relatively new player on the Cleveland commercial real estate scene, real estate investment firm Smartland LLC., is currently seeking investors for two funds: a $22 million fund to focuse on properties in Qualified Opportunity Zone areas of Cleveland and a $50 million fund that will acquire multifamily and light industrial properties in Northeast Ohio with potential expansion into other regional markets.