News
Wesbild Scraps Plan for 2,000-Unit Multi-Res Project in Port Coquitlam
Wesbild has halted a planned six-tower, 2,000-unit multi-residential development in Port Coquitlama, B.C. The master-planned project, known as PoCoPlace, was slated for the corner of Lougheed Highway and Westwood Street and would have included significant retail space and amenities. Phase 1 had been slated to include a 37-storey rental tower and a 35-storey condominium tower,...
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Investment Firm Acquires SoHo Mixed-Use for $43M
AV Management, a private New York based investment firm, completed the acquisition of 73-75 Sullivan St. in SoHo from a longtime SoHo developer for $43,333,000. Cushman & Wakefield’s Dylan Walsh and Nico Nicolaou represented the seller. Citizens Private Bank provided $21.6 million in competitive acquisition financing under significant time constraints. 73-75 Sullivan St. was completed...
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Stonelake Advancing Lamar Blvd. Mixed-Use Venture
Stonelake is moving forward on a project that will have around 470 residences for lease, along with 10,000 square feet of food and beverage space on the project’s ground floor. The Dallas Business Journal reports that the project, at 1700 S. Lamar Blvd., is planned as a six-story building, but the latest zoning ruling would allow...
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Hudson Valley Property Group Expands California Presence with Elk Grove Acquisition
Hudson Valley Property Group (HVPG) has acquired Mosa Apartment Homes, a 387-unit, newly constructed affordable multifamily rental community located at 10149 Bruceville Rd. in Elk Grove, for $83.6 million including the assumption of debt. The acquisition expands HVPG’s growing California portfolio. Completed in 2025, Mosa is a 14-building, garden-style family community. The property is structured across three...
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Mott Haven Affordable Project is First to Complete NYC’s New Expedited Land Use Review
The New York City Council approved the City’s first Expedited Land Use Review Procedure (ELURP) application for 351 Powers Ave., a plot of city-owned land in the South Bronx’s Mott Haven neighborhood that will be developed with 84 affordable homes. Approved by voters in November, ELURP offers a streamlined public review process for certain housing projects. Reviews will conclude within 90 days, down from roughly seven months...
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Eastern Bank Leads Financing for Wood Partners’ First Rhode Island Project
Eastern Bank led the financing of Wood Partners’ Alta Altitude housing project, a 214-unit luxury, 100% market-rate apartment development in Warwick, RI. Eastern provided a $31-million construction loan for the project, located within City Centre, a 95-acre master plan that calls for more than 1.5 million square feet of office, retail, hotel, commercial and residential...
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Northmarq: Multifamily Sale Serves as Benchmark for Fresno Market
Northmarq’s Fresno-based investment sales team led by Robin Kane and Brendan Kane recently brokered the $10.95-million sale of Sunset Sands Apartments, a 96-unit multifamily community located at 4585 E. McKinley Ave. in Fresno. The garden-style apartments were built in 1974 and renovated in 2024. The Northmarq team represented the seller, XLNT Sunset Sands LP. The buyer was SRI Cedar LLC. “The property...
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New Home in Roseland Built Through Rebuild Chicago 2.0 Program
Community members and city, state, and local leaders gathered to celebrate the first completed home in the Rebuild Chicago 2.0 program, a public-private partnership aimed at revitalizing nearly 30 vacant and underused properties in Roseland and Englewood. A ribbon-cutting ceremony took place at 11436 South Yale Avenue in Roseland. The fully renovated single-family home features...
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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