News

Sentinel Real Estate Acquires Luxury Apartment Community in Potomac

Washington DC + Apartment Buildings

Sentinel Real Estate has acquired The Perry, a luxury multifamily community located at 12430 Park Potomac Avenue in Potomac, Maryland, approximately 10 miles northwest of downtown Washington, D.C. Featuring modern construction, spacious floor plans and high-end interior finishes complemented by a comprehensive indoor and outdoor amenities, The Perry is positioned as one of the premier...

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One Domino Penthouse Sets North Brooklyn Record for Sponsor Sale

New York & Tri-State + Apartment Buildings

Two Trees Management Co. announced that Penthouse 1B at One Domino Square is under contract for $7,750,000. The condominium is both the largest and most expensive in the building, and the highest-priced sponsor sale in North Brooklyn history, surpassing the previous record-setting $7,450,000 sale of Penthouse 1A.  One Domino Square is more than 75% sold...

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Marysville Breaks Ground on Affordable Housing Development

Seattle & Northwest + Apartment Buildings

The Housing Authority of Snohomish County (HASCO) recently broke ground on Leonard Crossing Apartments, a nearly $47 million plan for 124 apartments on Cedar Avenue. The 124-unit complex will sit on a four-acre parcel of land close to downtown, grocery stores and medical services. The project will feature a mix of one, two, and three-bedroom units....

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Leon Capital Group Enters Midwest Market with Naperville MF Investment

Chicago & Midwest

Leon Multifamily and Leon Financial, both subsidiaries of Leon Capital Group, announced a preferred equity investment of $10.76 million in an apartment community in Naperville, Illinois. The investment represents a milestone as the company expands its real estate platform into the credit space. The project, completed in February 2025, caters primarily to residents aged 55...

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Construction Launches on Rehab of Historic Brighton Affordable

Boston & New England + Apartment Buildings

Construction and restoration have begun on affordable housing units at the historic Warren Hall building in Boston’s Brighton neighborhood, The project is a collaborative effort between Allston Brighton CDC (ABCDC), Schochet, Mayor’s Office of Housing at the City of Boston (MOH), Community Economic Development Assistance Corporation (CEDAC), MassHousing and the Executive Office of Housing and Livable Communities, with...

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H&R REIT Confirms Talks with Blackstone on Potential Asset Sales

Canada + Apartment Buildings

H&R confirmed Friday it has held preliminary discussions with affiliates of global private-equity giant Blackstone regarding the potential sale of certain REIT assets. The disclosure follows a request from the Canadian Investment Regulatory Organization related to recent trading activity in H&R units and media reports concerning the REIT. The regulator temporarily halted trading of the...

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Scottsdale Sr. Housing Facility Trades for $740K/Unit

Phoenix & Southwest

Stonepeak paid $109 millon for a 147-unit senior living facility in Scottsdale. The Acoya Shea was sold by Harrison Street Asset Management and Cogir Senior Living. The Phoenix Business Journal reports a Colliers spokesperson said the sale price was a record per unit for a senior living facility in the region. Ryan Cos. designed, developed...

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MMCC Arranges $85M Construction Loan for Beverly Hills Mixed-Use

California & West + Apartment Buildings

Marcus & Millichap Capital Corporation (MMCC) has arranged $85 million in construction financing for development of a 297,771-square-foot mixed-use project located at 55 N. La Cienega Blvd. in Beverly Hills. The four-year construction loan was structured at 65% loan-to-cost. Sharone Sabar, executive managing director in MMCC’s Encino office, secured the financing on behalf of a private investor...

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