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LaSalle Acquires Student Housing Complex Near Michigan State University

Chicago & Midwest + Student Housing

LaSalle Investment Management has acquired Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan. LaSalle acquired the property on behalf of LaSalle Value Partners IX, alongside joint venture partners King Bridge Partners and Clear Rock Capital. Completed in 2021, Red Cedar Flats...

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Hawkins Way JV Grows NYC Student Housing Portfolio with Upper West Side Sale-Leaseback

New York & Tri-State + Student Housing

A joint venture of Hawkins Way Capital and Varde Partners has acquired 117 W. 70th St, a 382-unit student housing property located on Manhattan’s Upper West Side. The $80-million acquisition marks an addition to the JV’s growing urban student housing enterprise, FOUND Study, and further strengthens the firm’s longstanding relationship with the American Musical and Dramatic...

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JV Obtains Construction Loan for East Brunswick Assisted Living Project

New York & Tri-State

JLL Capital Markets arranged $35.1 million in construction financing for Benchmark at East Brunswick, an 87-unit / 100-bed assisted living and memory care community planned for East Brunswick, NJ. The financing was arranged on behalf of a joint venture between National Development, a prominent real estate investment development and management firm, and an affiliate of Benchmark...

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The Community Builders Appoints Two to Key Leadership Roles

Boston & New England + Apartment Buildings

The Community Builders (TCB) has appointed Morgan Wilson as chief of systems and strategy, a newly created role, and Alexa Ducote to succeed Wilson as CFO. Both leaders will report to president and CEO Bart Mitchell.  In his new role, Wilson will continue to oversee information technology and business information systems teams and will work closely with Mitchell on advancing change initiatives, including strategic planning for 2027–2029.  He joined TCB...

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Levin Johnston Finalizes 1031 Exchange for Livermore Apartments

California & West + Apartment Buildings

The Levin Johnston team of Marcus & Millichap has helped a private investor complete a 1031 exchange involving two apartment communities in the East Bay city of Livermore. The team closed the $5.625-million sale of Pacific Apartments, a 20-unit multifamily community, and directed the $19.75-million acquisition of Briarwood Apartments, a 64-unit multifamily community. “These transactions are part...

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IZO Capital Closes $47M Loan for Multifamily Development in Seattle

Seattle & Northwest + Apartment Buildings

IZO Capital recently closed a $47 million stretch senior construction loan for Roosevelt Manor, a 137-unit Class A mixed-use multifamily development in Seattle’s Roosevelt neighborhood, located just steps from the Roosevelt Light Rail Station. The financing will support the ground-up development of a transit-oriented residential community with ground-floor retail and a range of modern amenities....

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Norwood Apartments Secure Construction Financing from Beacon Bank

Boston & New England + Apartment Buildings

Colliers arranged $44.5 million in construction financing for 259 Lenox St., a 145-unit multifamily development in Norwood, MA. A Colliers Capital Markets team led by Patrick Boyle, Matt Lombardi Jr., and Rose Liu arranged the construction loan with Beacon Bank on behalf of developer Tremont Asset Management LLC. The project will deliver 145 apartment homes...

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Insights from Connect Midwest Multifamily Trends 2026: Market Strengths and Industry Trends (VIDEO)

Chicago & Midwest + Apartment Buildings

“I’d like to see developers and architects thinking less product-focused and less supplier-focused, and more solutions-focused,” said Danny Dulkin, President of Consulting & Development at LIVunLtd. At the recent Connect CRE Midwest 2026, Dulkin answered questions about development trends he is seeing across the industry. Speaking to the focus on amenities, he added, “We spend...

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