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News
Marcus & Millichap brokers sale of 220-unit multifamily property in Chicago market – REJournals
3+ day, 17+ hour ago (172+ words) Marcus & Millichap brokers sale of 220-unit multifamily property in Chicago market rejournals.com Marcus & Millichap facilitated the sale of Fox Run Apartments, a 220-unit multifamily asset in St. Charles, Illinois. Ryan Engle and Andrean Angelov of Marcus & Millichap had the…...
Essex Three-Twelve closes sale of six-unit apartment property in Chicago???s Bucktown neighborhood
3+ day, 20+ hour ago (237+ words) Essex Three-Twelve brokered the sale of 2028–2030 N. Oakley Ave., a recently renovated six-unit multifamily property in Chicago’s Bucktown neighborhood. Located on a corner in a residential pocket of Bucktown, the approximately 4,800-square-foot property underwent a major renovation completed in spring…...
NAI Wisinski closes sale of 13,262-square-foot commercial building in Grand Rapids market
4+ day, 21+ hour ago (269+ words) NAI Wisinski of West Michigan is pleased to announce the successful sale of 312 Baldwin Street in Jenison, Michigan, a 13,262-square-foot multi-tenant commercial property. Jenison is in the Grand Rapids market. Bob Lotzar of NAI Wisinski represented the seller in the…...
Nara Realty Advisors hires multifamily brokers in Chicago
4+ day, 20+ hour ago (167+ words) REJournals Nara Realty Advisors is expanding its multifamily brokerage in Chicago by hiring Conor Roe and T.J. Norris as investment sales brokers. In this role, Conor and T.J. will advise multifamily property owners and private investors on the acquisition and disposition of…...
Entre Commercial Realty brokers sale of 25,000-square-foot industrial building in Spring Grove
5+ day, 17+ hour ago (95+ words) REJournals Entre Commercial Realty is pleased to announce the successful sale of a 25,000-square-foot industrial flex building on 2.29 acres located at 2449 Pierce Drive in Spring Grove, Illinois. The multi-tenant property is divided into five units and was fully leased at…...
Tishman Speyer refinances two-tower The Franklin office building in Chicago???s West Loop
1+ week, 4+ day ago (248+ words) Tishman Speyer refinanced The Franklin, its two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan. The Single Asset Single Borrower (SASB) loan was led by JPMorgan with Bank of America and Deutsche Bank serving as co-lenders. Proceeds…...
The Laramar Group acquires 656-unit apartment community on Chicago???s Michigan Avenue
1+ week, 4+ day ago (252+ words) The Laramar Group acquires 656-unit apartment community on Chicago’s Michigan Avenue REJournals The Laramar Group completed the acquisition of Eleven Thirty, a 656-unit high-rise apartment community at 1130 S. Michigan Ave. in Chicago. Originally constructed in 1967, Eleven Thirty is an iconic…...
Knighthead Funding provides $32 million refinance loan for 62-unit multifamily community in Glenview
1+ week, 5+ day ago (197+ words) Knighthead Funding, LLC provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit Class-A multifamily community in downtown Glenview, Illinois, part of Chicago’s highly desirable North Shore. The loan refinances a previous construction facility and…...
Northmarq closes sale of 301-unit garden-style apartment community in Wichita
1+ week, 5+ day ago (209+ words) REJournals Northmarq’s Investment Sales team of Benjamin Davis, Jeff Lamott, and Casey Wilhm, arranged the sale of Union Mill, a 301-unit luxury garden-style apartment community located at 2023 N. Broadmoor Ave. in Wichita, Kansas. Northmarq represented the seller, TLC Properties. The…...
Gantry provides $22.75 million loan for 190-unit apartment community near Kansas college
1+ week, 6+ day ago (151+ words) REJournals Gantry secured a $22.75 million permanent loan for the University Digs apartment community at 1902 S Broadway St. in Pittsburg, Kansas, directly adjacent to Pittsburg University. The three-story, 190-unit property features a mix of studio, one- and two-bedroom floorplans. Originally built…...