News
Bascom Pays $45.5M for Tucson Rental Asset
The Bascom Group acquired Domain 3201, a 289-unit multifamily property located in Tucson, Arizona, for $45.5 million. Investors Capital Group was the seller, paying $37.7 million for the property in 2019. Bascom plans a comprehensive renovation program on the property. BrightSpire Capital Acquisitions provided debt financing arranged by Brian Eisendrath, Cameron Chalfant, Ben Margolis, and Jesse...
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Developer Pitching $60M Osceola County Mixed-Use Project
Atlanta Housing Partners is pitching a $60 million mixed-use development in St. Cloud that would include affordable housing, retail space and a parking garage to the downtown area. The Orlando Business Journal reports the mixed-use project would include 150 affordable housing units across two buildings and 17,643 square feet of ground-floor commercial space. Half the apartments will...
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Miami Apartments Trade for $109.9M
The 266-unit Avida Aventura apartment complex at 19401 W. Dixie Highway in Miami was acquired by Breevest for nearly $110 million. The seller was Fifield Cos. The firm broke ground on Avida Aventura, its first Miami-Dade County project, in 2022 and completed it in 2024. The project sold for over $400,000 a unit. The South Florida...
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Condo Developers Call for Big Banks to Lower Presale Thresholds
Condo developers are urging Canada’s major banks to lower the presale thresholds required for construction financing as weak new-home sales continue to stall projects and reduce housing starts, The Globe and Mail reported. Developers contend that the current practice of requiring roughly 70% of condo units to be presold before financing is approved has become...
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Windmill Developments to Use Mass Timber in Many New Projects
Windmill Developments plans to use mass-timber construction in many of its future projects, says the company’s new CEO. Any project up to 18 storeys is now being designed with that approach in mind Jeremy Reeds told Connect in an interview. Reeds said a “large portion” of the affordable-housing specialist’s future portfolio will focus on cross-laminated...
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Rohit, Calgary Housing Break Ground on New Midfield Heights Affordable-Housing Project
Rohit Homes, in partnership with Calgary Housing and with funding support from the city, province and federal government, has broken ground on the 176-unit Midfield Heights affordable-housing development. The project marks the first non-market housing initiative in Rohit’s nearly 40-year history and will include a mix of studio, one-, two- and three-bedroom units as part...
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Montreal Condo Sales Decline 7% in April
Condominium sales in the Montreal Census Metropolitan Area fell 7% year-over-year in April, as overall residential transactions declined amid economic uncertainty and ongoing affordability pressures, according to the Quebec Professional Association of Real Estate Boards. The association reported that 4,744 residential transactions across the Montreal CMA in April 2026, down 7% from April 2025 but...
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Hub City’s Mei Captures Canadian Transactions of the Year Award
(Connect has named its first Canadian Transactions of the Year Award recipients. This article profiles Hub City Founder Martin, who brokered the lease of a chronically vacant duplex in Moncton, N.B., representing the landlord. (Read about all of the award winners.) Martin Mei, with Hub City Property Management in Moncton, successfully leased two units of a...
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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