News
Waypoint Receives $87M for Augusta Rental Asset
Waypoint Residential sold a 482-unit apartment complex in Augusta for $87 million. Cushman & Wakefield’s Sunbelt Multifamily Advisory Group—Taylor Bird, Robert Stickel, Alex Brown, Nelson Abels and Laura Aylor—represented, Waypoint. The buyer was Southwood Realty Co. Located at 101 Pine Forest Road, Mason Augusta was constructed in two phases, with initial delivery in 2022 and final completion...
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Mission Properties Adding 247 Apartment Units, Retail to Charlotte-Area Portfolio
Mission Properties purchased a 19-acre parcel in Huntersville to build an apartment complex and 40,000 square feet of retail. The Charlotte Business Journal reports the company paid $7.4 million for the parcel at Stumptown and Statesville roads. Plans call for 247 studio, one-, two- and three-bedroom apartments across a mix of four-story multifamily buildings and...
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Mission Properties Adding 247 Apartment Units, Retail to Charlotte-Area Portfolio
Mission Properties purchased a 19-acre parcel in Huntersville to build an apartment complex and 40,000 square feet of retail. The Charlotte Business Journal reports the company paid $7.4 million for the parcel at Stumptown and Statesville roads. Plans call for 247 studio, one-, two- and three-bedroom apartments across a mix of four-story multifamily buildings and...
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Inland Real Estate Group Offloads Lakewood Apartment Community for $71.5M
Inland Real Estate Group sold Westlink at Oak Station at 1665 Pierson St. in Lakewood for $71.5 million. Inland bought the property in 2016 for $63 million. Amenities at the community include a pool and hot tub, fitness and business centers, and a clubhouse. The acquisition was facilitated by CBRE’s Denver Multifamily team, which was led...
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Canadian Shelter Inflation Eases in May
Shelter inflation continued to ease in May, with the annual increase slowing to 1.7% from 1.8% in April, according to Statistics Canada. The moderation reflected continued declines in key homeownership cost measures. The homeowners’ replacement-cost index fell 2.5% year-over-year in May, marking its 13th consecutive annual decline. Other owned accommodation expenses, including real estate commissions,...
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People and Companies News for Week Ending July 3, 2026
NAIOP has changed its name to the Commercial Real Estate Development Association. The group said the new name builds on the association’s longstanding industry leadership while positioning it for the future. In addition, the CREDA label “more clearly communicates the breadth of its members’ work and the full scope of commercial real estate development they...
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Northmarq Secures Fannie Mae DUS Financing for National City Apartments
Northmarq’s San Diego Debt + Equity team, led by Aaron Beck and Bryce Quezada, arranged $13.275 million in financing for Talas Apartments, a newly constructed 48-unit multifamily garden community located at 2114 E. 7th St. in National City. Northmarq arranged the refinance on behalf of KIRE Group through the firm’s in-house Fannie Mae DUS platform. The permanent fixed-rate loan is structured...
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Transit-Oriented Fair Lawn Multifamily Scores $67M Construction Loan
PCCP has provided a $66.85-million senior loan to Sterling Properties and Danbro Properties for the construction of Plaza Greene, a 145-unit, Class A, 55+ multifamily community with a ground-floor grocer in Fair Lawn, NJ. With the financing closed, demolition of an existing vacant retail building on the site has commenced, with construction completion expected in 2027....
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout