CBRE Capital Markets arranged a $12-million acquisition loan for the purchase of 680 Fulton St., a mixed-use property in Brooklyn’s Fort Greene neighborhood. The Debt & Structured Finance team of Shamir Seidman, Judah Hammer and Jeff Feldman secured the financing on behalf of Z+G Property Group through Santander. The five-year loan represents approximately 70% loan-to-value and features...
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Colliers finalized the sale of a two-property multifamily portfolio in Fallbrook totaling approximately $37 million in value. The portfolio included Amberwood Apartments, a 133-unit community at 923 Alturas Rd., which sold for $24.25 million, and Rosewood Apartments, a 73-unit apartment community at 338 Ammunition Rd., which sold for $12.4 million. EVPs Shane Shafer and Brian...
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Aspen Ridge wants to take its sprawling Crosstown community higher, proposing five residential towers ranging from 42 to 60 storeys near Don Mills and Eglinton in Toronto. The revised plans would bring 2,540 homes to four development blocks at 844 Don Mills Rd. and 1150 Eglinton Ave. E., part of the 60-acre former Celestica campus...
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Morgan opened The Watson, a new seven-story, 345-unit apartment community at 11901 Burnet Road in North Austin. The seven-story, podium-style property features studio, one-, two-, and three-bedroom apartment homes designed for an elevated and connected North Austin lifestyle. Select residences also feature expansive private sky terraces with views of the Domain skyline. Residents have access to...
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Kennedy Wilson has closed on a three-party joint venture with Hulic Co., Ltd. and Fuyo General Lease (USA) Inc. to acquire One South Market, a 312-unit multifamily community in downtown San Jose, for $176 million. The transaction marks Kennedy Wilson’s fifth joint venture with Hulic and its first partnership with Fuyo General Lease. Built in...
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Berkadia announced the sale of Tivoli Green, a 458-unit multifamily property located in Mount Pleasant, Wisconsin. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee led the transaction on behalf of the seller, Wangard Partners, Inc. The buyer is Illinois-based Santefort Real Estate Group, LLC. Wangard has been retained to...
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Boston Financial, the longest-standing syndicator focused exclusively on affordable housing, has closed on Boston Financial Institutional Tax Credits 63 Limited Partnership (ITC 63), a $191-million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. Seven institutional investors participated in ITC 63, enabling the deployment of capital with 14 affordable housing developers across 16 communities in 12 states...
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Rithm Capital Corp. said Wednesday it had closed on NRMLT 2026-RTL1, a $375-million securitization backed entirely by multifamily loans originated and serviced by its subsidiary, Genesis Capital, LLC. The transaction represents both Genesis’s first multifamily-only securitization and the largest multifamily-only residential transition loan (RTL) securitization completed to date. NRMLT 2026-RTL1 is initially collateralized by a...
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