News
Lankin Acquires 258-Unit Apartment Complex in Ottawa
Lankin Apartment REIT has acquired a 258-unit multi-family residential in Ottawa for an undisclosed price. The property is located at 1551 Lycee Place in the city’s Riverview neighbourhood. The REIT is controlled by Lankin Investments, which said the acquisition reinforces the firm’s presence in the National Capital Region, a market that benefits from government-anchored employment...
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Laurier, Kevlar to Merge into Integrated CRE Company
Laurier Capital and Kevlar Real Estate will merge their operations into a fully integrated commercial real estate platform, the companies announced. The merger is slated to take effect January 1, 2027. The firms said the agreement will combine Kevlar’s development expertise with Laurier’s investment and capital-markets capabilities. As part of the transaction, Kevlar will be...
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Tide Equities Sells Phoenix Rental Asset for $41M
Nitya Capital acquired the 274-unit Tides on McDowell for $41 million. Nitya Capital assumed the financing from the current lender as part of the transaction. The multifamily community is located at 4620 W. McDowell Rd. in Phoenix, Arizona. Northmarq’s Jesse Hudson, Logan Baca and Chris Michl represented the seller, Tides Equities. Built in 1985 and sitting on...
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Midtown Office-to-Resi Conversion Secures $480M Financing
Madison Realty Capital originated a $480-million loan to Yellowstone Real Estate Investments for the conversion of 1740 Broadway, a 523,051-square-foot, 27-story office building located along Broadway between 55th and 56th streets in Midtown Manhattan, into a 420-unit luxury residential project. Ackman-Ziff’s Jason Krane, Russ Schildkraut and Simon Ziff arranged the financing on behalf of Yellowstone....
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Madison Park Development Tops Off on First of Four Parcels in Nubian Square
Madison Park Development Corporation (MPDC) and the Mayor’s Office of Housing topped off construction at the 75 Dudley St. development in Nubian Square. The project will create 15 new income-restricted residential condominiums in Boston’s Roxbury neighborhood on one of four parcels identified for redevelopment through PLAN: Nubian. “This new development will create safe, stable, and...
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RREAF Acquires 300-Unit Savannah Rental Community
One Real Estate Investments offloaded The Palms at Chatham, a 300-unit multifamily property located at 5110 Garrard Avenue in Savannah, Georgia. Newmark’s Brooks Colquitt and James Wilber represented One Real Estate Investment in the sale to the buyer, RREAF Holdings. Built in 2003, The Palms at Chatham is a garden-style multifamily community featuring spacious one-,...
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Moda Snags $49M Construction for Nashville BTR Development
Moda Homes obtained a $49.43 million construction loan for Moda Vista, a 102-unit build-to-rent residential community located at 3320 Curtis Street in the Bordeaux neighborhood of Nashville, Tennessee, north of downtown. Forman Capital originated the loan. The Forman team included Scott Mehlman, Ty Regnier, Cameron Fleury, and Ben Jacobson. Moda Vista will deliver 102 rental...
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Related Urban Nears Debut of $200M Miami Affordable Housing Project
Related Urban is just days from delivering The Residences Claude Pepper, a new 428-unit community in Miami’s Allapattah neighborhood, developed on a 99-year ground lease with Miami-Dade County. Rising 15 stories at 702 NW 18th Terrace, the 312,992-square-foot high-rise will provide a mix of affordable, workforce, and supportive housing, including residences for households earning between...
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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