CHICAGO – JLL Capital Markets announced today that it has closed the sale of Lakeside Student Living, an award-winning, 504-bed, purpose-built student housing community serving students of Mississippi State University in Starkville.

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in Chicago’s South Shore neighborhood. According to CoStar, the three-property transaction was the largest by dollar amount in the submarket in the last 15 years, according to CoStar." Kiser Group’s Partner Noah Birk and Senior Director Aaron Sklar represented seller, DAX Real Estate and an undisclosed buyer.

CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, today announced it has acquired Parkway Gardens, a senior affordable apartment community located less than three miles east of Downtown St. Paul.

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 7070 N. Sheridan Road, a 24-unit rental community in Chicago’s Rogers Park neighborhood that overlooks Loyola Park and offers views of Lake Michigan. The asset sold for $3.5 million, or $145,833 per unit.

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 930 North Blvd., a 48-unit, 7-story property in Oak Park, Illinois, for $8,300,000. Kiser Group’s Matt Halper and Marco Cesario represented the buyer Goldman Investments and Halper represented the seller.

Pompano Beach, Fla. (January 6, 2020) – Franklin Street brokered the sale of Pinecrest Pointe Apartments, a 48-unit rental property located at 295–395 SW 15th Street in the city of Pompano Beach, just to the north of Fort Lauderdale, Fla. 

Franklin Street’s South Florida multifamily investment sales team, which included Dan Dratch, Greg Matus and A.J. Stanford, represented the seller and the buyer, both local private investors, in the $6.15 million transaction.  The asset traded for $128,125 per unit.  Franklin Street Insurance Services’ Ryan Cassidy and Evan Seacat insured the asset.