Cross Street and Mavrek announced the start of pre-leasing at Belmora, a new boutique rental community located at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood.
The first phase of the five-story mixed-use development will introduce 46 apartments and approximately 5,700 square feet of ground-floor retail space, anchored by Studio Three, a leading national boutique fitness brand founded in Chicago. A similarly sized second phase, located at 917 W. Belmont, is planned to deliver an additional 46 apartments and 5,300 square feet of ground-floor retail space, anchored by Foxtrot Café & Market. The first residents of Belmora are expected to move in later this fall.
Located along the Belmont commercial corridor, adjacent to the Belmont CTA station, the transit-oriented development is also within walking distance of many of the neighborhood’s restaurants, entertainment venues and retail destinations, including a new Whole Foods.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
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