News
Hazelview, Sierra Break Ground on New 217-Unit Toronto Apartment Project
Hazelview Investments and Sierra Corporation broke ground Monday on a 217-unit purpose-built rental development in Toronto’s Leaside neighbourhood. The site is located at 383–389 Cleveland St., with occupancy targeted for 2028. The 15-storey project will include 43 affordable rental units and 33 accessible suites designed to CSA accessibility standards. Located near Bayview Avenue and the...
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Hackberry Lane Adds 400 Beds in Florida, Arkansas University Markets
Hackberry Lane, a vertically integrated student housing investment and operating company, announced the closing of six separate transactions across Gainesville, FL (University of Florida) and Fayetteville, AR (University of Arkansas). Sellers and pricing were not disclosed. Collectively representing approximately 400 student housing beds across townhome, cottage and boutique apartment product types, the acquisitions bring Hackberry’s...
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Craig International Helming $200M McKinney Office Redevelopment
Craig International won the bid to redevelop the former Globe Life corporate headquarters locaed at 3700 S. Stonebridge Drive in McKinney, TX. The campus was originally developed as Globe Life’s longtime corporate headquarters before its relocation to 7677 Henneman Way in McKinney. Situated on nearly 58 acres, the $200 million project includes approximately 300,789 square feet of leasable office space,...
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$250M Aston Martin Condo Project Greenlit in Daytona Beach
Aston Martin is partnering with Valor Capital Real Estate Development to build an 18-story, 86-unit condo project at 3411 S. Atlantic Ave. It will be called Aston Martin Residences Daytona Beach Shores. The Orlando Business Journal reports that the brand, most well known for its positioning in James Bond Films is working with Valor to...
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Asana Starts Transformation of Former Duke Energy HQ
Asana Partners, MRP Realty and Rockefeller Group completed the necessary demolition of the former Duke Energy facility. Headquarters at 526 S. Church St. and are now ready to start work on its conversion to multifamily and retail uses. MRP acquired the 800,000-square-foot for $35 million in 2022. The Charlotte Business Journal reports the finished project, to...
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Brookfield, FirstSun Close on Sale of $890M in Multifamily Loans
FirstSun Capital Bancorp, the holding company for Sunflower Bank, has closed on the sale of performing multifamily commercial real estate mortgage loans acquired from First Foundation Bank to entities affiliated with Brookfield Asset Management. Terms were not disclosed. The loans sold had contractual balances totaling approximately $890 million. Bill Powell, managing partner in Brookfield’s Credit...
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JV Raises $100M for Coral Gables Mixed-Use Project
MG Developer and VYV Development of Miami obtained a $100 million construction for an eight-story luxury mixed-use condominium development with 74 residences, retail and office space in the heart of Coral Gables, Florida. Berkadia’s Scott Wadler and Bobby Dockerty of Berkadia Miami led the transaction on behalf of the sponsors. Benmark Capital provided the three-year...
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$14M Refinance Secured for Newly Delivered Wicker Park Multifamily
Arrow Real Estate Advisors recently arranged a $14.2 million refinance for The Ash, a newly delivered 40-unit multifamily property in Chicago’s Wicker Park neighborhood. The financing was secured as the property continued its lease-up, with occupancy already exceeding 70%, reflecting strong demand for newly delivered multifamily product in one of Chicago’s most competitive rental markets....
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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