News
Eaton Vance Spins Off 196-Unit Franklin Apartment Complex
Camden Property Trust paid $43.5 million for Camden Franklin, a 196-unit community in Franklin, Tenn. Eaton Vance Real Estate sold the property after an 11-year hold. Commercial Search reports the company paid $37.3 million for it in 2015. Previously known as Grove at Shadow Green, Camden Franklin occupies 15 acres at 2000 Toll House Circle....
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Developer Begins Work on 476-Unit Delray Beach Rental Community
North American Development Group (NADG) broke ground on NUVO Delray Beach, an apartment complex in the Agricultural Reserve west of Delray Beach. The South Florida Business Journal reports Wells Fargo Bank was the lender of the $120 million construction loan. NADG acquired the 33-acre site for $41.84 million in 2022. Nuvo Delray Beach will be a four-story, garden-style...
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Fallon Co. Kicks Off $500M Charlotte Project
The Fallon Co. has broken ground on phase one of its mixed-use development called Centre South. The Charlotte Business Journal reports the first phase is a 329-unit, midrise multifamily development called Twelve03 at 1203 S. Caldwell St. in the Dilworth area of Charlotte. Centre South is a 16.7-acre, mixed-use community. It is planned to have...
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Walker & Dunlop Arranges $128M Refinancing for Oregon MF Portfolio
Walker & Dunlop, Inc. has arranged $128.23 million in refinancing for a four-property, 986-unit multifamily portfolio in Eugene, Oregon. Walker & Dunlop Capital Markets Real Estate Finance arranged the transaction on behalf of an experienced local client. Led by Steven Natale, the refinancing included four multifamily communities located throughout Eugene. Utilizing Fannie Mae’s Streamline Early Rate Lock program,...
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C&C Development Opens Affordable Housing in Irvine
C&C Development, in partnership with Riverside Charitable Corporation, announced the opening of Cartwright Family Apartments, a 60-unit affordable housing community on 1.6 acres at 17861 Cartwright Rd. in the Irvine Business Complex. The community is for households earning between 30% and 80% of the Orange County area median income (AMI), with a portion of units set aside for...
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Sky Equity Tops Out on Upper East Side Condos
Sky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, has topped out construction on 260 E. 72nd St. on Manhattan’s Upper East Side. The 60-unit condominium project is Sky Equity’s first condo development in Manhattan. Sales are scheduled to launch this fall and will be handled by Douglas Elluman Development Marketing. “This...
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Sea Breeze Properties Opens Rental Project in San Marcos’ North City District
Sea Breeze Properties, joined by civic and business leaders, residents, and community members, recently celebrated the grand opening of 222 North City, a new residential project at the center of San Marcos’ evolving North City district. Designed by Safdie Rabines Architects, the 12-story community combines contemporary architecture, hospitality-inspired living, public art, and community-driven design. “We...
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Greystone Provides HUD/FHA Loan for Central NJ Multifamily
Greystone has provided a $47,250,000 HUD/FHA-insured loan for The View at Middlesex, a 200-unit multifamily community in Middlesex, NJ. The financing was originated by John Williams, Drew Fletcher and Bryan Grover. The property was developed by Forte Real Estate Development, a vertically integrated real estate development, investment management, and operations firm. Since 2006, Forte has developed...
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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