News
Red Hill Kicking Off Magnolia Mixed-Use Project
Red Hill Ventures is helming Pinemoor Magnolia, which will include 216 single-family homes, 250 to 300 apartments and between 100,000 and 150,000 square feet of retail. Planned community amenities include lakes, parks, playgrounds, walking trails and a covered pavilion with picnic area. For the 14-acre retail portion of Pinemoor, Red Hill is in advanced talks...
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Yardi Canada’s Altobelli: Real-World Input Makes CRE Operations Technology Useful
At Connect CRE Canada 2026, taking place June 25 in Toronto, attendees will glean insights into the conversations shaping Canadian real estate—and the fast-growing and quickly evolving role of technology in commercial real estate operations and decision-making. In the Fireside Chat session, Peter Altobelli, president of Yardi Canada, and Connect Executive Vice-president Sarah Quinn will...
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Tucson Assisted Living Facility Trades for $52M
Broadway Proper Assisted Living Community, a 232-bed assisted- and independent-living facility at 400 S. Broadway Place, sold for $52 million. The buyer was PropCo Holding of Irvine, California. The seller was Harrison Street Real Estate Capital. Realestatedaily-news.com reports Broadway Proper was built in 1998 on 6.5 acres in Tucson’s east submarket. The 389,728-square-foot property includes...
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Vaughan City Council Approves Plan for 17 Mixed-Use Towers
City councillors in the Toronto suburb of Vaughan, Ont., have approved the master plan for a massive mixed-use development project. Toromomont Industries plans to develop 17 towers on the 27-acre site located at the southwest corner of Highway 7 and Jane Street The company aims to transform Vaughan’s city centre with towering skyscrapers, parkland, and...
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Opus, Ares Secure $67M Loan to Take Out Denver Apartment Construction Financing
Opus Development Co. and an Ares Real Estate fund secured a $67 million refinancing loan for Kalaco in Denver. Kalaco, a six-story building located on 1.91 acres at 1010 West Colfax Ave. was completed in August 2024. Multihousing News reports Opus started construction on the property in March 2022. The development includes 9,755 square feet of retail space. The...
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Hunt Helming $125M Dallas Adaptive Reuse Venture
Hunt Capital Partners and Sycamore Development are converting a vintage West Dallas furniture store into apartments and retail. The adaptive reuse element will include restoration of the former five-story furniture warehouse at 805 Elm St. built in 1904. It will be complemented by a new six-story building. Multihousing News reports the $125 million project will consist of...
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Mandrake Inks Refi on Savannah-Area BTR Community
Mandrake Capital Partners obtained a $34.5 million refinancing on Easthaven, a 143-unit build-to-tent townhome community in Poller, Georgia. Bridge Investment Group was the lender. The JLL Capital Markets team, which arranged the loan, included Michael Zaremski and Clayton Ross. The first homes were delivered in July 2024, with final delivery in March 2025. The 3-bedroom townhomes...
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Kidder Closes Hollywood Multifamily Sale Despite Softening Rental Trends
Kidder Mathews arranged the $7.6-million sale of The Carlton Apartments, a 36-unit property located at 5535 Carlton Way in Hollywood. EVP Darin Beebower and associate Dakoda Iversen represented Los Angeles-based James Investment Partners in the sale to a local real estate investor. The property generated more than 25 offers from prospective buyers despite softening rental trends...
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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