Property Acquisitions and Dispositions

AURORA, IL. – Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 2000 Illinois, a 128-unit, 5-story property in Aurora, Illinois. FPA Multifamily acquired the asset. Kiser Group’s Matt Halper and Danny Mantis represented both the buyer and seller in the transaction. 

WASHINGTON D.C. – JLL announced today the closing of the sale of Skyline Towers, a 939-unit, high-rise apartment community located in Falls Church, Virginia.

Kiser Group and Zacuto Group announce 56 East Chicago Avenue has hit the market. Located between Chicago’s Gold Coast and River North neighborhoods, 56 East Chicago Avenue is positioned near the Magnificent Mile, at the intersection of Chicago Avenue and Rush Street. The six-story mixed-use building is being marketed unpriced and features 25 residential units and three commercial retail spaces with frontage along Chicago Avenue. The property is zoned DX-12 and is vacant.

CHARLOTTE – JLL announced today that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina.

MIAMI – JLL announced today it has arranged $17.78 million in acquisition financing for a 144-unit, garden-style, scattered-site apartment portfolio in Boca Raton, Florida.

MINNEAPOLIS – JLL announced today that it has closed the sale of a 10-property, 970-unit multi-housing portfolio located in the Midwestern communities of Sioux Falls, South Dakota, and Sioux City, Iowa, on behalf of IRET for a total of $78 million.

This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it., and This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial, are pleased to announce the recent sale of 4120 & 4136 Silver Dollar Ave Apartments for $1,655,000 ($103,438/unit). This sale consisted of 16 multifamily units built in 1963 located at 4120 & 4136 Silver Dollar Avenue in Las Vegas, Nevada.

PORTLAND, ORE. – JLL announced today that it has closed the $34.1 million sale of Terra Murrayhill, a 137-unit, garden-style apartment community located in Beaverton, Oregon.

MINNEAPOLIS – JLL announced today that it has closed the $11.25 million sale and $14.4 million financing of Eastridge Estates, a 126-unit apartment community in Rochester, Minnesota.