News
Townhome Property in Tacoma Sells at Record Price
Narrows Townhomes, a 15-unit townhome community located at 8524 19th Street W. in Tacoma, Washington, has sold for $7.3 million in a fully-marketed transaction arranged by Kidder Mathews. At $487,000 per unit, the sale represents the highest price per unit recorded for a multifamily property in Pierce County on record.Elijah Piper and Tony Herrmann of...
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Lone Star Funds Scores $110M Refinancing for Two Stafford Rental Communities
Loan Star Funds closed on a $110 million refinancing for 1879 at the Grid and Arc at the Grid, two Class A multifamily properties totaling 731 units within a 192-acre mixed-use development in Stafford, Texas. Walker & Dunlop Capital Markets Institutional Advisory arranged the loan. Dustin Stolly, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno and Edward Leboyer arranged the floating-rate,...
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ONE Street Secures $38M for Georgetown Office-to-Condo Conversion
Digital bank OakNorth and commercial real estate lender Hickory CRE Lending have provided a $37.8 million co-loan to ONE Street Commercial Properties to support the redevelopment of 3333 K Street NW in Washington, D.C.’s Georgetown waterfront. ONE Street Commercial Properties is a Washington, D.C. Metro-based real estate firm with more than $250 million in assets under management. The...
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310 W. Huron Apartment Development in Chicago Tops Out
Cross Street and real estate development firms ZSD Corp. and Third Coast Real Estate recently topped off on 310 West, a nine-story boutique apartment community under construction at 310 W. Huron St. in Chicago’s River North neighborhood. Built by ZSD, the 149-unit development is expected to start pre-leasing in early 2027 and first move-ins beginning later...
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Richland Building Modestly Priced Nashville Condos
Richland Building Partners plans to sell Chestnut Hill condos starting in the high $200,000s. The Nashville Business Journal reports the company is planning a mixed-use development with 120 condos and ground-level retail space. The project is slated to rise on a 0.57-acre site at 1020 Third Ave S., Richland, and the company paid $8 million...
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Thompson Thrift Inks Bridge Financing on 6 Florida Rental Assets
JLL’s Capital Markets group arranged $463 million in bridge financing for Thompson Thrift’s eight-property multifamily portfolio. Six of the 8 properties are in Florida. JLL secured the floating-rate construction take-out loan through Barings, with Daniel Hedgepeth leading the financing. The proceeds retired existing construction loans across all eight properties, which were delivered on a phased basis...
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Sky Equity Taps Douglas Elliman for Sales at Upper East Side Luxury Condos
Sky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, has named Douglas Elliman Development Marketing as the exclusive sales and marketing agent for 260 E. 72nd, the firm’s new luxury condominium on Manhattan’s Upper East Side. Located at the corner of Second Avenue and East 72nd Street, 260 E....
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Subtext Opens MXU Residential Property in St. Louis
Subtext has officially opened LOCAL on Delmar, a new, mixed-use residential community in Missouri’s University City. Located at the western edge of the Delmar Loop entertainment district and less than half a mile from Washington University in St. Louis, the development transforms a long-underutilized site into a mixed-use destination featuring apartments, amenities, collaborative workspaces, and...
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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