News
Plans Filed for 155-Unit Office-to-Apartment Conversion in Boston
Boston continues to be a hub for office conversion enthusiasts, with Kendall Capital planning to convert a landmark office building in Boston’s Financial District into a 155-unit residential property. The 155,000-square-foot project would be financed through historic tax credits, according to a report by Banker & Tradesman. Kendall Capital manager Mai Luo acquired the property...
Learn more
Long Island City Commercial Building Changes Hands for $6M
A local developer has purchased a commercial unit in Long Island City for $6.1 million, or approximately $407 per buildable square foot, with plans to redevelop the building into high-end condos. Marcus & Millichap negotiated the sale of the now-vacant property at 49-03 Fifth St., which was formerly home to an auto repair shop. The...
Learn more
Marcus & Millichap Arranges Sale of 206-Unit Indiana MF Property
Marcus & Millichap announced the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne, Indiana. “Shoaff Park Villas presented a rare opportunity as it was the first time the property had been offered for sale since 1976 after being owned by the same family for 50 years,” said Jack Friskney, director of...
Learn more
Becovic Residential Acquires Historic Andersonville Property
Becovic Residential has acquired the historic mixed-use property at 5154 N. Clark Street for $20 million and is introducing it under its new name, The Quarters at Andersonville. Built in 1923 and occupying a full city block at the intersection of Clark Street, Foster Avenue and Ashland Avenue, The Quarters at Andersonville includes 81 apartments...
Learn more
Mixed Use Development Advances in Ann Arbor
Oxford Companies and Crawford Hoying announced that Arbor South, a 20-acre mixed-use community, has received final state approval from the Michigan Strategic Fund Board. Located at 2845 S. State St., near Eisenhower Parkway, Arbor South is envisioned as a natural extension of the energy, creativity and community that define Ann Arbor. The development will include...
Learn more
Report: Puget Sound Multifamily Pipeline Undergoing Reset
The Puget Sound development pipeline is seeing a significant reset, with a meaningful number of developers formally shelving projects rather than continuing to extend timelines and hold entitlements while waiting for market conditions to improve. As a result, both the approved and in-review pipelines contracted over the past year. According to a report by Kidder...
Learn more
Northmarq Lends $19M for 154-Unit Multifamily Property in Pennsylvania
Northmarq’s Philadelphia Debt + Equity team, led by John Banas and Kris Wood, along with David Singer and Jeff Steigerwalt, has lent $19.1 million for the refinancing of Dover Run Apartments located at 2670 Springhouse Bend in Dover, Pennsylvania. Northmarq arranged the deal on behalf of the borrower, Boyd Wilson. The financing was secured through...
Learn more
Carmel Picks Up Second Denver Rental Asset This Month
Carmel Partners purchased Edison at RiNo, a 277-unit luxury apartment building at 3063 Brighton Blvd. in Denver. The company paid $76.6 million for the apartment complex. Clarion was the previous owner. JLL secured Clarion a $60.3 million as part of a refinancing for Edison. Edison is a nine-story building with ground-floor townhome-style units and high-level...
Learn more
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout