News
MHR Capital Group Unveils Plans for Kennewick Mixed-Use Development
MHR Capital Group unveiled plans for Phase II of its master-planned hospitality and entertainment district in Kennewick, Washington. The firm introduced The District Residences, a large-scale mixed-use residential development designed to further transform the area surrounding the Three Rivers Convention Center and the new AC Hotel by Marriott Kennewick. The design outlines an urban-style development...
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BGO, Visitt Launch National Partnership to Power AI-Driven Operations
BGO Properties and Visitt have launched a partnership to deploy AI-powered property operations technology across a national commercial real estate portfolio spanning more than 300 properties and 46 million square feet. The rollout, which began this month, will extend across BGO’s managed assets in Ontario, British Columbia, Alberta, Manitoba and Quebec as the companies seek...
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Seco Planning 12-Story, $100M FW Apartment Highrise
Seco Enterprises is planning to build a highrise apartment complex in the heart of the Panther Island district on the corner of North Main Street and Northeast Fourth Street. The tower would span about 250,000 square feet. Seco’s development could feature 290 apartments with 9,000 square feet of ground-floor retail. Seco owns an additional 32...
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ArtHaus, Belay Expand into San Francisco with Nob Hill Acquisition
ArtHaus Partners, in partnership with Belay Investment Group, has acquired The Terraces, a 117-unit multifamily property in San Francisco’s Nob Hill neighborhood. The $25-million acquisition equates to a purchase price of $212,000 per unit and $270 per gross square foot, representing an attractive basis for entry into the San Francisco market. The acquisition marks ArtHaus...
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Kasa Enters Boston Market in Partnership with Samuels & Associates
Kasa, a hotel and apart-hotel brand and manager, has entered the Boston market with the opening of Kasa Boston at Fenway. Launched in partnership with Samuels & Associates, the property marks Kasa’s debut in Boston, among the most high-demand, undersupplied cities in the U.S. Kasa Boston at Fenway brings 47 apartments to Samuels & Associates’ Pierce...
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Recent Houston Highrise Buyer Plans $11M Revamp
Sade Real Estate is planning $11 milion in upgrades on its recently purchased apartment tower between River Oaks and Greenway Plaza. While the price of the 40-story building was not disclosed, the company inked a $128.5 million loan from Hudson Bay Capital to acquire the property. The work will be done at what is now...
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The Apartment Source Tapped as Leasing Partner for Buena Park Apartments
The Apartment Source has been named the exclusive leasing partner for Montrose Point Apartments, a newly gut-rehabbed 24-unit building located at 821 West Montrose Avenue in Chicago’s Buena Park neighborhood. The property is managed and developed by Rockwell Property Co. Montrose Point Apartments offers one-, two-, and three-bedroom floor plans. “We’re excited to partner with...
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Old Town Multifamily Property Changes Hands
Marcus & Millichap completed the sale of 1503 North Wieland Street, an eight-unit multifamily property located in Chicago’s Old Town neighborhood. The property sold for $2.5 million. “Investor interest in this property was exceptionally strong given its location in Old Town, attractive unit mix and long-term rental stability,” said Kyle Stengle, senior managing director of...
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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