Category Archives: multi-family

Multi-family’s advantage: Young consumers love the apartment life

by Dan Rafter The multi-family sector has an advantage today: A growing number of young consumers prefer apartment-living to the responsibilities and monthly mortgage payments of owning single-family homes. And in even better news for the middle of the country, … Continue reading

Posted in Ann Arbor, Chicago Commercial Real Estate, Illinois, Illinois real estate, Michigan commercial real estate, multi-family | Tagged , , , , , , , , | Leave a comment

An island community just minutes from Minneapolis? Trammell Crow Company is making it happen

by Dan Rafter High Street Residential is betting that plenty of people would be happy to live in a secluded island community while also enjoying the urban amenities that come with living near the central business district of a major … Continue reading

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Colliers International’s Cooper: Multi-family market remains hot in downtown Cleveland

by Dan Rafter How hot is the multi-family market in Cleveland, specifically the city’s downtown? Gary Cooper, senior vice president and principal with the Cleveland office of Colliers International, says it best: “If there’s one thing on fire in downtown … Continue reading

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Al Isaac: Lexington is a market on the rise

by Dan Rafter Midwest Real Estate News recently spoke with Al Isaac, president of Lexington’s NAI Isaac. He told us that the Lexington market continues its rapid recovery from the days of the Great Recession. Every sector in the market … Continue reading

Posted in industrial real estate, Kentucky commercial real estate, Lexington commercial real estate, multi-family, office, retail | Tagged , , , | Leave a comment

Deal flow. Sales velocity. Leasing. They’re all on the rise in Louisville

by Dan Rafter Midwest Real Estate news spoke with Tony Fluhr, director of commercial leasing at Louisville’s NTS Development Company. Fluhr said that the commercial real estate market in Louisville was on the rise. Even better, he expects activity levels … Continue reading

Posted in industrial real estate, Kentucky commercial real estate, Louisville commercial real estate, multi-family, office, retail, shopping centers | Tagged , , , , , , | Leave a comment

Associated Bank’s Hanson: Young consumers continue to boost demand for multi-family housing

by Dan Rafter Younger consumers are choosing to rent in downtown Minneapolis, Chicago, Cleveland or Detroit. They’ve not making the trek to the suburbs of these communities to buy their starter homes. What is behind this trend? Breck Hanson, executive … Continue reading

Posted in Chicago Commercial Real Estate, Cleveland commercial real estate, Illinois, Illinois real estate, Indiana commercial real estate, Indianapolis commercial real estate, Kansas City commercial real estate, Michigan commercial real estate, Minneapolis commercial real estate, Minnesota real estate, Missouri commercial real estate, multi-family | Tagged , , | Leave a comment

Wangard’s The Reef: Meeting a need, overcoming challenges

by Dan Rafter Most developers don’t have to worry about coral reefs that are more than 400 million years old when planning their latest multi-family developments. Stewart Wangard, though, does, at least with The Reef, the latest residential development taken … Continue reading

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Multi-family market slowing down? Not a chance

by Dan Rafter Downtown Minneapolis. St. Louis. Indianapolis. Downtown Chicago. Ann Arbor, and not just for student housing. The list of Midwest markets in which apartment rents are soaring, vacancies are plummeting and new multi-family buildings are rising is a … Continue reading

Posted in Chicago Commercial Real Estate, Cleveland commercial real estate, Illinois, Illinois real estate, Indiana commercial real estate, Indianapolis commercial real estate, Kansas City commercial real estate, Minneapolis commercial real estate, Minnesota real estate, multi-family | Tagged , , , , , , , , | 1 Comment

Dayton ready for its first Costco Wholesale store

by Dan Rafter The Dayton market will soon get its first Costco Wholesale store thanks in part to Oberer Companies. The new store, which will include 148,000 square feet and a gas station, is scheduled to open in November of … Continue reading

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Nationwide Realty: Making a big investment in Grandview Yard

by Dan Rafter Nationwide Realty Investors is ready to make a big commitment to the Grandview Yard mixed-use development in Grandview Heights, Ohio. Nationwide plans to build a 500,000-square-foot campus for its employees, a 135-room hotel and 13,000-square-foot conference center … Continue reading

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