Category Archives: multi-family

Associated Bank: Opening a universe of possibilities with new REIT division

by Dan Rafter Associated Bank has long been active in the Middle Market space in the Midwest. But the bank’s leaders had bigger plans: They wanted to expand into the corporate real estate space. And to do that, Associated Bank … Continue reading

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Diverse employment base, pent-up demand behind Twin Cities’ booming apartment market

By Dan Rafter A diverse employment base. That’s what Thomas O’Neil credits for the ongoing boom in apartment construction in the Minneapolis/St. Paul market. And O’Neil should know. He’s the vice president of Midwest FHA operations for Minneapolis-based Dougherty Mortgage, … Continue reading

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Omni planning big things for downtown Louisville

by Dan Rafter Louisville remains one of the hottest commercial real estate markets in the Midwest. And new plans by Omni Hotels are doing nothing to change this. Omni Hotels & Resorts plans to bring a 600-room hotel and 225 … Continue reading

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Dougherty Mortgage: Twin Cities’ multi-family market keeps growing

by Dan Rafter Here’s the big number: Since the beginning of 2010, developers have built more than 110 apartment projects with roughly 13,300 units in the Minneapolis/St. Paul market. That’s impressive. And it’s the highlight of Dougherty Mortgage’s Market Viewpoint … Continue reading

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Apartment boom hitting all of the Midwest’s major markets

by Dan Rafter Christy Lockridge, principal with the Chicago office of Prudential, has seen the trend: Today’s renters increasingly want to live in the center of urban areas. They want to live near public transportation. They want to be able … Continue reading

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To sell or not to sell? Even Hamlet wouldn’t puzzle over this one

by Bill Bubniak Executive Vice President, Farbman Group “To sell or not to sell?” Hamlet himself would have had no trouble making this decision. Across the Midwest, a convergence of market forces, a favorable supply-and-demand curve and fortuitous financial factors … Continue reading

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Cedar Street to bring new life to Chicago’s 800 N. Clark

by Dan Rafter The land-marked building at 800 N. Clark St. in Chicago will soon be getting a major makeover, thanks to the efforts of Chicago-based holding company Cedar Street Co. Cedar Street recently purchased 800 N. Clark St., a … Continue reading

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