News
Zumper: Median Apartment Rent Growth Turns Positive After Year of Annual Declines
The Zumper National Rent Index showed the median one-bedroom rent rose 0.5% month-over-month to $1,526, while two-bedroom rent increased 0.1% to $1,905. On an annual basis, one-bedroom rent is now up 0.4%, its first positive year-over-year reading since May 2025, while two-bedroom rent sits 0.3% below the year-ago period. The declines in the annual one-bedroom...
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Developer Duo Adding 350 Apartments to Dunwoody Mixed-Use Project
RocaPoint Partners and The Georgetown Co. are planning to build 350 apartment units at Campus 244, a mixed-use project that already includes a five-story office building, retail spaces and a 145-key Element by Marriott hotel. The next phase of the development could also include a new 200,000-square-foot office building. The development team submitted an application...
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Pembroke Pines Rental Asset Trades for $80.5M
Waterton Residential acquired The Landings at Pembroke Lakes Apartments in Pembroke Pines for $80.5 million. The seller was Bar Invest Group. The S. Florida Business Journal reports the property last traded in 2021 for $79.5 million. The 358-unit multifamily community traded for nearly $225,000 a unit. The apartment complex totals 282,107 square feet and was...
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22-Property NJ Workforce Portfolio Refinanced for $38M
Benmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ. The financing was secured by Ania Management, led by Founder and CEO Charles Florio. The transaction was arranged by Marc Waldman of Kentmoore Capital. Comprising 203 residential units and six commercial units across 22 multifamily and mixed-use buildings, the...
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New-Construction San Diego Apartments Score $53M Bridge Loan
Broadshore Capital Partners, LLC closed on a $53.2-million floating-rate senior bridge loan secured by Monroe North Park, a newly delivered 137-unit Class A multifamily community located at 3090 Polk Ave. in the North Park neighborhood of San Diego. The loan was completed in partnership with an institutional investor with whom Broadshore maintains an active lending...
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Dallas Greenlights $200M Oak Lawn Residential Tower
The Dallas City Council allowed a developer to proceed with a 16-story residential tower in Oak Lawn. The council eased a height restriction, allowing the developer, M&A Development, to move forward with its 230-unit project. The Dallas Business Journal reports that construction on the luxury apartment community at 4211 Newton Ave. is set to begin...
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Grosvenor Seeks to Upscale Oakridge Bus Depot Redevelopment
Grosvenor is seeking to upscale its previously approved bus depot redevelopment project in Vancouver’s Oakridge district with the installation of hundreds of new apartment units. The United Kingdom-based developer has submitted a revised rezoning application for its 14-acre Mayfair West project on the former Oakridge Transit Centre site, nearly doubling the planned residential density from...
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Newsom Signs Bill Putting $11B Housing Bond on November Ballot
California Gov. Gavin Newsom has signed the Veterans and Affordable Housing Bond Act of 2026 following a three-party agreement among Newsom, the state Assembly and the state Senate. The $11.25 billion bond set for the November ballot would continue to fast-track the construction, rehabilitation, and preservation of affordable housing, support homeownership programs, and provide funding for...
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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