Iowa
Dacon Corp. Begins Construction on 135K-SF Industrial Facility in Haverhill
Design build construction management firm Dacon Corp. has started construction on a 135,000-square-foot industrial facility for Monogram Food Solutions, a… Read more
COTE Top 10 Awards Recognize Designs That Advance Climate Action
The American Institute of Architects (AIA) Committee on the Environment (COTE) is awarding 10 design projects with its highest honor,… Read more
Brady Station Locks in $18.5M in HUD Financing
HUD financing of $18.56 million was recently secured for Brady Station Apartments, a 262-unit market-rate apartment complex located in Odessa.… Read more
WNC Closes Its Largest Institutional LIHTC Fund to Date
WNC, based in Irvine, CA, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund… Read more
Hanley Makes Retail Pad Sale in Bourbonnais
Hanley Investment Group Real Estate Advisors completed the sale of a new-construction, 9,723-square-foot retail property at Bradley Commons, a Walmart Supercenter-anchored… Read more
JLL Finalizes Sale of Des Moines-Area Apartments
JLL Capital Markets closed the sale of Signature Place, a 261-home, garden-style apartment community in West Des Moines, IA. Terms weren’t disclosed.… Read more
Altorfer Caterpillar Nears Completion of Three-Site Relocation
The Altorfer Caterpillar Dealership, based in Cedar Rapids, IA, will complete its major three-transaction relocation across Chicagoland this spring, moving its… Read more
Partnership Acquires North Side Apartments
Marcus & Millichap arranged the sale of 1620 N. Honore St., a three-unit apartment property in the North Side’s Wicker… Read more
Clearwater MF Property Trades for $58M
Berkadia has arranged the $57.5 million sale of Standard at 2690, a 456-unit garden-style multifamily property in Clearwater, FL. Located… Read more
Walgreens Fetches $6M in Iowa Sale
The Boulder Group completed the sale of a single-tenant net-leased Walgreens property at 830 Middle Rd. in Bettendorf, IA for $5,806,452.… Read more
JLL Closes Sale of Des Moines-Area Apartments
JLL Capital Markets closed the $56.75-million sale and arranged $45.4 million in acquisition financing for a multifamily portfolio consisting of… Read more
NorthMarq Lines Up $89M Recap of KC and Quad Cities Apartments
SVP Brett Hood of NorthMarq’s Chicago office, secured $89,080,900 in combined FHA debt recapitalizing five multifamily properties in Davenport, IA and… Read more
Harrison St., Sanders Sell $213M Healthcare Portfolio
Chicago-based Harrison Street sold a portfolio of nine medical office buildings and inpatient rehabilitation facilities valued at $213 million to Lincoln… Read more
Brennan Forges JV with Arbah Capital
JLL Capital Markets arranged a Shariah-compliant joint venture equity partnership and $22.9 million in debt financing for the acquisition of… Read more
Principal Real Estate Adds John Kropke to Relaunch REOC Business
Principal Real Estate Investors hired John Kropke as managing director of its U.S. and Europe real estate operating company (REOC) line… Read more
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
Berkadia’s Mid Markets Group Does Deals in IN, IA
Berkadia arranged the sales of The Landing of Clinton in Clinton, IA and Indian Springs in South Bend, IN, two multifamily… Read more
Scottsdale’s Wells Fargo Gainey Center Claimed by NY Investor
AREA Exchange Asset III, LLC, an affiliate of New York City-based Ascent Real Estate Advisors, acquired Wells Fargo Gainey Center,… Read more
KeyBank Secures $84M for Midwest Health Portfolio
KeyBank Real Estate Capital (KBREC) secured $84 million of financing through Fannie Mae for an 11-property portfolio consisting of independent living… Read more