Page 2 - Mavrek Development News Today

CHICAGO, IL - A co-development and joint venture between Mavrek Development, GW Properties, Luxury Living Chicago Realty, and Double Eagle Development has closed on $102.2 million construction financing with MSD Capital. The joint venture combines a collective track record for success in developing mixed-use multifamily real estate across the Midwest. “We are excited to get this project financed and begin construction,” said Adam Friedberg, Partner at Mavrek Development....

TREO, the apartment rising near the West 25th Street Bridge, and The Edison in the Detroit-Shoreway neighborhood are on the market. Plus, there's a new Nosal in the Northeast Ohio realty brokerage game, and a Beachwood real estate company closed a big deal out of town.

CHICAGO, IL - A co-development and joint venture between Mavrek Development, GW Properties, and Luxury Living Chicago Realty announce plans for a mixed-use development in the heart of Chicago’s Streeterville neighborhood. Designed by NORR, the property includes 248 Class A luxury apartments, 40,000 square feet of office, and 8,000 square of street-level retail on the northeast corner of E Grand Avenue and N St Clair. The apartments are located at 218 E. Grand Ave., steps from Michigan...

The 21-story building at 535 N. St. Clair St. could open in early 2024.

The proposed building is one of many in the works downtown amid a strong apartment market. But it's in a neighborhood that hasn't attracted much multifamily development in recent years.

Next generation takes reins at Krueger construction and real estate firm Stan Bullard Krueger Group founder Bob Krueger (far right) is starting to turn over control of the Cleveland construction and real estate firm to his familys next generation. They are, from left, Bobby Krueger, president; Dan Krueger, vice president of predevelopment service; and Jack Doheny, vice president of business development. Drive too fast on I-90 eastbound, and you might miss the sign near West 117th Street in Clev...

TREO apartments ready to rise Contributed More than $33 million in financing has been put in place to build TREO at 2487 W. 25th St., Cleveland. The developer planning TREO, a five-floor apartment building in Cleveland, has closed on almost $33 million in loans and started clearing its site near West 25th Street and Columbus Road. A former auto repair shop at 2487 W. 25th south of the West 25th Street Bridge has been already demolished. Construction workers are starting to excavate the site f...

Ohio lawmakers approve ‘stand your ground’ bill: The Wake Up for Monday, Dec. 21, 2020 Cliff Pinckard, cleveland.com Subscribe to the Wake Up, cleveland.com’s free morning newsletter, delivered to your inbox weekdays at 5:30 a.m. Weather Highs will be around 40 degrees today, with a rain-snow mix possible during the afternoon. That mix could continue overnight as lows dip to around 33 degrees. Read more. Local scores: Browns 20, New York Giants 6 The headlines Stand your g...