Subject: Midwest Regional Digest (MWDIG)

Multi-Housing News Connor Group has paid $38.2 million, or $141,481/unit, for Hurstbourne Estates, a 270-unit apartment property in Louisville, Ky. The Dayton, Ohio, investor acquired the property, at 10405 Watermark Place, from Peak Capital Partners, which bought it in 2019 ...

Crain's Chicago Business The buzz is that a venture of Anagram Real Estate and Glendon Capital Management is in talks to buy the office component of Chicago's River North Point mixed-use property out of foreclosure. Trigild of Dallas is the ...

Minneapolis/St. Paul Business Journal Real Capital Solutions has paid $34 million, or $110.03/sf, for the 309,000-square-foot office building at 3701 Wayzata Blvd. in Minneapolis. The Louisville, Colo., investor acquired the property from Opus, of Minnetonka, Minn., which bought it in ...

Crain's Chicago Business Jamp Hotels has paid $30.5 million, or $127,615/room, for the 239-room La Quinta Inn & Suites hotel in Chicago. The local hospitality investor acquired the property, at 1 South Franklin St., from Highgate and Cerberus Capital Management. ...

The Daily Herald Officials in Lake County, Ill., are said to be implementing an eight-month moratorium on new data-center projects. Staff for the county, which is a northern suburb of Chicago, are working to establish definitions, zoning classifications, and performance ...

Crain's Chicago Business A venture of Murphy Development Group and Creek Lane Capital is offering for sale the 104,850-square-foot office building at 318 North Carpenter St. in Chicago's Fulton Market neighborhood. The Chicago-based venture hired Cushman & Wakefield to market ...

ConnectCRE Secure Source America LLC has fully leased the 100,800-square-foot industrial building at 1215 101st St. in Woodridge, Ill., about 26 miles west of Chicago. The manufacturing company is taking the space from the property owner, Rediehs & Rediehs LLC. ...

Crain's Chicago Business Barings is offering for sale Millennium on LaSalle, a 211-unit apartment property in Chicago. The Charlotte, N.C., asset manager hired CBRE to market the property, which was an office to residential conversion. Barings took over the property, ...

Commercial Property Executive Genworth Financial has provided a $49.5 million loan against Infor Commons, a 436,478-square-foot office property in St. Paul, Minn. The financing allows the owner, Frauenshuh of Minneapolis, to retire a $49.5 million mortgage that PNC Bank provided ...

Crain's Chicago Business Prime Finance is under contract to pay about $120 million, or $180.39/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago. The San Francisco alternative lender is acquiring the property from Spear Street Capital, ...