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Essex Realty Group Lists Uptown Multifamily Property for $9M

Chicago & Midwest + Apartment Buildings

Essex Realty Group has been exclusively engaged to market for sale 5022–5030 N. Winthrop Avenue, a 32-unit renovated courtyard-style apartment building located in Chicago’s Uptown neighborhood. Essex Principal Steve Livaditis is marketing the property on behalf of the ownership, with the offering listed for $9.47 million. “This is an exceptionally well-maintained property in one of...

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MG Properties Buys Two Multifamily Communities in Gresham

Seattle & Northwest + Apartment Buildings

San Diego-based real estate investment firm MG Properties has purchased two Gresham-area apartment complexes for $60.8 million. MG Properties bought the Mountain High Apartments for $18.8 million and the Parkside Apartments for $42 million. The two apartments comprise 337 units, reported the Portland Sound Business Journal. HFO Investment Real Estate’s Tyler Johnson and Cody Hagerman...

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Newly Delivered Greater Hartford Apartments Trade for $27M

Boston & New England + Apartment Buildings

JLL Capital Markets arranged the $27-million sale of Blueway Commons, an 88-unit multifamily community in Haddam, CT. Managing directors Jon Bryant, John Flaherty and Steve Simonelli represented the seller, Elm Tree Communities. The buyer was RAK Realty. Blueway Commons, located at 3 Brookes Ct., was completed in two phases between 2023 and 2025. The Class A property in...

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Construction Begins on Apartments at Cedar Park Mixed-Use Venue

Texas + Apartment Buildings

JPI Development Group is pursuing construction of a 425-unit apartment complex at a massive mixed-use project in Cedar Park. The Austin Business Journal reports it’s part of the early phase of construction of the 117-acre CedarView, the mixed-use project that will have a 1.5 million-square-foot NFM furniture store, a 378,000-square-foot Scheels sporting goods store, a 297-key full-service...

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Midwood Files New Plans for One Bromfield Site in Downtown Crossing

Boston & New England + Apartment Buildings

Eighteen years after first proposing a tower at One Bromfield St. in Boston’s Downtown Crossing neighborhood, developer Midwood Investment & Development has filed plans for its latest iteration of the project. The Boston Business Journal reported that New York-based Midwood now plans 760 apartments instead of office space. Spanning roughly 800,000 square feet, One Bromfield...

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Work Underway on Massive SLC-Area Mixed-Use Project

Phoenix & Southwest + Apartment Buildings

The Point Partners (TPP), a private development team led by Lincoln Property Company, Colmena Group and Wadsworth Development Group, broke ground on The Point’s first vertical development project, marking the start of the 104-acre downtown district in Draper. This is the first chapter of a broader multi-phase, 600-acre vision for housing, jobs, retail, restaurants, entertainment, health...

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GO Residential REIT Completes Acquisitions of Two NYC Apartment Towers

Canada + Apartment Buildings

GO Residential REIT has completed its acquisitions of two apartment towers in New York City. The completions of the two previously announced purchase agreements expand Toronto-based GO’s portfolio by 26% to 2,545 residential suites, the REIT said. GO closed the indirect acquisitions of the 209-suite 7 Dey Street tower in Tribeca on May 28 and...

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Dezer Advancing Plan for 600 N. Miami Apartment Units

Florida & Gulf Coast + Apartment Buildings

Dezer Development is seeking to build 600 residential units and retail spaces in Sunny Isles Beach. The S. Florida Business Journal reports the project. named Dezerland Park West, would have a 14-story building with 269 apartments and 4,526 square feet of retail, an eight-story building with 317 apartments, 14 townhouses, and an eight-story parking garage...

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