CBRE announced that Jeremy Bernstein has joined the firm’s Pittsburgh office as a vice president.
He will work with CBRE’s Greater Pennsylvania Multifamily team, specializing in the acquisition and disposition of multifamily properties across the greater Pittsburgh region while supporting the team’s broader Pennsylvania platform.
Bernstein began his commercial real estate career at CBRE, where he served as a field research analyst, supporting investment sales and market analytics. He rejoins the firm from JLL, where he most recently served as an associate and was responsible for advising clients on multifamily and mixed-use transactions in the Pittsburgh market.
The team now includes 10 investment sales professionals across Pennsylvania, West Virginia, Delaware and New Jersey. In 2025, they completed over $1.4 billion in multifamily sales, totaling over 7,000 units across more than 40 transactions.
Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
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Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
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JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...
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