Jose Acosta

Multifamily construction funding comes as tight lending and high construction costs limit rental pipeline Bradford Allen’s large-scale suburban Chicago project recently got the go-ahead from city officials and, more crucially, a lender, overcoming constrictions on the area’s multifamily pipeline resulting from a tight lending environment and high construction costs. Chicago-based brokerage Bradford Allen’s investment arm … Read more

Developer could get up to $17.8 million in reimbursements after multifamily/retail development is complete

A developer will get $17.8 million in tax increment financing incentives from Arlington Heights to help fund its $130 million residential and retail redevelopment at the south gateway to the village. Approval of public subsidies — through agreements inked by the village board this week — is seen by developer Bradford Allen as the last … Read more

Village officials are looking forward to a new eight-story apartment building at the southern border of Arlington Heights being a catalyst for revitalizing an area ripe for redevelopment. Arlington Heights trustees voted 9-0 at the Village Board meeting Monday night to approve plans for a 301-unit, multi-use building with 24,972 square feet of commercial space … Read more

The development arm of Bradford Allen has submitted plans for a 300-unit apartment development in the Chicago suburb of Arlington Heights. The eight-story project will feature 25,000 square feet of ground-floor retail space