The 247-unit tower will test real estate investors' appetite for buying and repositioning apartment buildings amid the crosswinds of strong rental demand and high interest rates.

Five months after filing to foreclose on a Gold Coast apartment building’s $26 million mortgage, a lender has put the property up for sale. CoreVest Finance, a subsidiary of Mill Valley, Calif ...

Two Chicago investors, Jeffrey Malk and Jimmy Oppenheimer, purchased a 247-unit vintage Gold Coast apartment building for $43 million, marking its first sale in over half a century.

The Gold Coast’s sizzling housing market has defied gravity by smashing out a new home price record, despite affordability constraints slowing the pace of growth.