News

Vancouver City Council Endorses Conversion of Molson Lands to High-Density, Mixed-Use Project

Canada + Apartment Buildings

Vancouver city council has unanimously approved a plan to convert the Molson Brewery site in the Kitsilano area into a high-density, mixed-use development. Following a public-hearing process that Daily Hive described as lengthy and controversial, councillors ultimately supported plans to redesignate the nearly eight-acre property from industrial and employment uses to a mixed-use high-rise zoning...

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Tweedie Becomes BlackRock’s Top Executive in Canada

Canada + Apartment Buildings

U.S. investment giant BlackRock has appointed Katherine Tweedie as the new head of its Canadian business. Tweedie assumed her duties recently after The Globe and Mail reported in May that BlackRock had appointed her to the position, citing an unidentified source. “I am energized and inspired by a team that truly cares about its work...

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BST Acquires 487 Multi-Residential Units in Toronto

Canada + Apartment Buildings

BST has purchased 487 multi-family units across three apartment towers in Toronto, the company announced Tuesday. The acquisitions of the rental suites expand BST’s growing multi-residential portfolio in Ontario. Financial terms were not disclosed. The Toronto-based real estate investment, development and asset management firm said the properties are located in established, transit-oriented neighbourhoods with access...

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Phoenix BTR Investor Inks $73.1M Bridge Loan

Phoenix & Southwest + Apartment Buildings

Golden Horizons Enterprises inked a $73.1 bridge loan on Merrick on Camelback, a 334-unit built-to-rent community in Phoenix, Arizona. The financing was arranged by Lument and originated by Arcus Real Estate Capital. The bridge loan has a three-year term with two one-year extension options. Golden Horizon Enterprises recently paid $112.5 million for what was then called Bungalows...

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Vehicles Begin Crossing Gordie Howe Bridge After Months of Delays

Canada + Apartment Buildings

Vehicles began crossing the Gordie Howe International Bridge between Windsor, Ont., and Detroit on Monday morning after its opening was delayed for months due to strained Canada-U.S. trade relations. The hockey icon’s family members were the first to traverse the state-of-the-art bridge that has become a symbol of heightened Canada-U.S. trade tensions. Questions remained right...

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Triten Completes 3-Property Houston Apartment Portfolio Purchase

Texas + Apartment Buildings

Triten Real Estate Partners acquired 3 Corners West, a 283-unit apartment community in Houston’s Memorial/Spring Branch submarket. The acquisition completes Triten and Evergen Equity’s purchase of the three-property 3 Corners multifamily portfolio after the partnership acquired 3 Corners North and 3 Corners East in November 2025. Together, the portfolio spans 997 units across more than...

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Mesirow Pays $132M for Midtown Atlanta Apartment Community

Atlanta & Southeast + Apartment Buildings

A real estate fund run by Mesirow acquired the Sixty 11th Apartments for $132 million. The Atlanta Business Chronicle reports the seller was 60 11th Street LLC. It purchased the 1.25-acre site in care of Daniel Realty Co. LLC, an affiliate of Daniel Corp., in 2014. The tower was a joint venture between Daniel Corp., Selig Enterprises and...

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Vacant 304-Unit Pembroke Pines Condo Community Trades for $20.5M

Texas + Apartment Buildings

The 304-unit Heron Pond condominium community in Pembroke Pines was acquired by Integra for $20.5 million. All units located on the property have been vacated due to safety concerns, resulting in the Receivership and the termination of the Condominium Association, thereby allowing the Receiver to market and sell as a single fee simple sale. Offered...

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