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Canyon Buys 384-Unit Suburban Multifamily Complex
News

Canyon Buys 384-Unit Suburban Multifamily Complex

... multifamily footprint in Chicago with the purchase of Parkway Commons (shown), a 384-unit multifamily development in suburban Carol Stream. ... 285-unit complex. Canyon now owns 2,009 apartments in the Chicago area. CMIF, a JV between Canyon and Citi ...

Oct 12, 2015
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Briarbrook Village, Wheaton, IL
News

Strategic Properties Snaps Up Wheaton Apartments

The suburban multifamily market is so hot ... , where Strategic Properties whetted its appetite for Chicago-area multifamily by acquiring an apartment complex. Strategic ... 's $73M deal for Naperville's Tapestry Apartments and John Hancock's $68M deal for Oak ...

Aug 23, 2016
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The Park Evanston Apartments, Evanston, Ill.
News

TH Real Estate Hoping For Nine-Figure Offers For Evanston Apartments

... 283-unit apartment building near downtown Evanston, Crain's Chicago Business reports. The asset has a substantial retail component ... indicate that investors believe they can widen already healthy suburban rent spreads. The median net rent in the north ...

Sep 27, 2017
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Naperville's Grand Reserve Sells for $67M
News

Resource Real Estate REIT Pays $67M for Naperville Apartments

... weeks of 2015. Eight-figure deals have been common for suburban multifamily properties all year long. The latest: Grand Reserve ... is Philadelphia-based Resource Real Estate Opportunity's first Chicago acquisition. Heitman bought the property for $52.2M ...

Dec 09, 2015
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15 Things You Need to Know This Morning
News

15 Things You Need to Know This Morning

... , December 11th, 2014. Click Here to Sponsor or Register Suburban Chicago Apartments Do Well When Built Near Transit Avison Young Recruits Four ... in the Works Starbucks’ New Roastery Format Coming to Chicago Golub Borrows $29M for O'Hare-Area Office Deal ...

Dec 08, 2014
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Avalon Bay's Suburban Stock Soars
News

Avalon Bay's Suburban Stock Soars

... , DC-based REIT Avalon Bay owns five communities in the Chicago suburbs, including Avalon Lombard, above, and they're all nearly ... and 2-3% for those re-signing. John tells us apartments are gaining ground from two renter groups: those who would ...

Aug 16, 2010
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Nuveen Picks Up West Midtown Apartment Complex For $78M
News

Nuveen Picks Up West Midtown Apartment Complex For $78M

... growth,” the firm says on its website, particularly among apartments that are attractive to millennials and middle-income earners.  ... complex in suburban Chicago, from JVM Realty for nearly $88M. The price is the sixth-highest paid for apartments in Atlanta ...

Sep 09, 2025
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Condo Deconversions Likely To Restart In 2021, As Long As They're Outside Downtown
News

Condo Deconversions Likely To Restart In 2021, As Long As They're Outside Downtown

... is another advantage for investors seeking to create suburban apartments in the Chicago region. The Chicago City Council voted in 2019 to boost the ...

Mar 03, 2021
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Miami Skyline
News

Miami Tops List Of Most Competitive Rental Markets Despite Burst Of New Inventory

... and emerging as the most competitive region in 2023.  Apartments in Milwaukee, ranked third, spend an average of 33 ... prospective renters, putting it ahead of Grand Rapids, Michigan, suburban Chicago and Omaha, Nebraska.  Markets in the Northeast make up the ...

Dec 13, 2023
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Weekend Interview: Turner Impact Capital's Bobby Turner
News

Weekend Interview: Turner Impact Capital's Bobby Turner

... by immigrants and people of color. In addition to its Chicago-area properties, the company also owns developments in the Atlanta ...

Feb 12, 2022
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