Range Group announced the start of pre-leasing at 465 Carpenter, a new 72-unit luxury apartment community located at 465 N. Carpenter St. on the border of Chicago’s Fulton Market and West Town neighborhoods.
Cross Street is overseeing the leasing and marketing firm for the property. The five-story boutique community offers studio, convertible, one-bedroom and two-bedroom residences. “The building offers a more intimate living experience within one of the country’s most dynamic mixed-use districts, combining timeless interiors, modern amenities and exceptional access to everything that makes Fulton Market and West Town so desirable,” said Brett Katz, principal and co-founder at Range Group.
465 Carpenter is steps from Fulton Market’s Restaurant Row, as well as a variety of local and national retailers, and the property offers convenient access to the Loop and River North. “The launch of pre-leasing at 465 Carpenter represents a notable addition to Chicago’s luxury rental market, which has seen limited inventory delivered this year despite exceptionally strong demand in and around Fulton Market,” said Cross Street President Shane Rachman.
Wood Partners and Sarofim Realty Advisors are moving forward on Village Park, a 372-unit multifamily community in Charlotte’s Highland Creek and Prosperity Church area. The project is slated to open in May 2028. J.P. Morgan is providing financing. Located at the corner of Prosperity Church and Benfield Roads, Village Park sits immediately next to Prosperity...
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The proposed $6.7-billion takeover of H&R REIT is facing another major obstacle, with influential shareholder advisory firm Institutional Shareholder Services (ISS) urging investors to reject the transaction ahead of a November 13 vote. The recommendation adds to growing opposition to a deal that would break up one of Canada’s largest real estate investment trusts, transferring...
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Newmark has arranged the $108 million sale of Bainbridge Midlothian, a 310-unit multifamily community located in Midlothian, Virginia. Frontier Group of Companies acquired the property from a joint venture between The Bainbridge Companies and BVT National Partners, marking the buyer’s first multifamily acquisition in Virginia. “In today’s capital markets environment, the sale of Bainbridge Midlothian...
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