News

Cedar Street Cos. and Quartz Lake Capital have formed a strategic joint venture investment fund targeting urban infill multifamily development projects across the U.S. The JV will invest $300 million of equity capital into an approximately $1 billion development portfolio.

A Chicago real estate firm on Friday said it plans to build a roughly $78.S million multifamily development in Vancouver. The Timber House Apartments will hold 226 units and rise eight stories.

CHICAGO, IL – CEDARst Cos. has secured an $81.7 million Fannie Mae loan to refinance The Draper, a 342-unit apartment complex in Chicago’s Uptown neighborhood. PGIM’s real estate investment and financing business, PGIM Real Estate provided the loan.

Giordano's deep dish pizza and Portillo's hot dogs aren't the only Chicago export to Minneapolis these days.

Yesterday, hundreds of commercial real estate professionals tuned in for the first annual IREJ Real Estate Awards. The event also honored the career of Jim McShane with a Lifetime Achievement Award.

The 260 units, all studios and one-bedrooms, are positioned as a lower-priced alternative to the increasingly luxury-priced housing options in the neighborhood.