The Oregon-based investor bought a 223-unit building at 123 North Desplaines from Marquette Companies and DWS.
Landlords of Class A buildings are benefitting from the lack of development deliveries as well as high mortgage rates.
Downtown Chicago will see the smallest number of new apartments added to the market in more than two decades in 2025, which ...
Net monthly rent at Class-A downtown apartment buildings was $3.60 per SF in Q4, an increase of 2.6% from the same time frame ...
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of apartments completed in the neighborhood is expected to increase in 2026 and ...
An 18-unit boutique apartment building within walking distance of the downtown Wheaton Metra station has sold for $8.4 million. Interra Realty, a Chicago-based commercial real estate investment ...
Habitat and its partners secured a new $72.9 million Freddie Mac loan arranged by Northmarq, plus an additional $29.5 million ...
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