News
Pantzer Makes Second Tri-State Deal This Year with Woodbridge Multifamily Acquisition
JLL Capital Markets arranged the $79-million sale of Avenue & Green, a 232-unit, transit-oriented luxury apartment community in Woodbridge, NJ. The property was renamed The Point Woodbridge by the buyer, Pantzer, making its second acquisition in the Tri-State area this year after The Point Stamford in July. Senior managing directors Jose Cruz, Mike Oliver and Steve...
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Manhattan Apartment Rents Reach All-Time High as Inventory Hits Seven-Year Low
Manhattan apartment rents reached another all-time high in September 2026, rising 2% from August and 9% from a year ago to a median of $5,395 per month, the Corcoran Group reported Thursday. Average rents moved higher across every unit type, led by two- and three-bedrooms, which recorded double-digit annual gains. September saw 5,015 active apartment...
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Longueuil Apartment Complex Sells For $22.4M
An established rental complex on Montreal’s South Shore has changed hands for $22.4M, as investors continue to pursue opportunities to unlock value in older apartment properties rather than build from scratch. Place Roberval, a 144-unit, three-building complex in Longueuil, was acquired by Les Immeubles Jardin Radisson in a transaction that closed Oct. 5. The sale...
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Waterton Acquires 453-Unit City Walk at Woodbury in MN
Waterton has acquired City Walk at Woodbury, a 453-unit rental community in Woodbury, Minnesota. The wrap-style rental community comprises two four-story residential buildings, heated indoor parking garages, a clubhouse and 24,000 square feet of retail space. Waterton will execute a targeted value-add program to enhance the residences, hallways and common areas throughout the community. Built...
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Gantry Secures $16M for Seattle’s Russell Hall Mixed Use in University District
Gantry has secured a $16 million permanent loan to refinance maturing debt for Russell Hall, a mixed-use property located at 1414 NE 42nd St, directly adjacent to the University of Washington and “The Ave” retail and hospitality corridor. The 62,400-square-foot, six-story building features 120 subterranean parking stalls, ground floor retail, three floors of office space,...
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Cushman & Wakefield Sells $89M Senior Housing Portfolio in Virginia, Maryland
Cushman & Wakefield announced that the real estate services firm has arranged the $89 million sale of a two-asset senior housing portfolio totaling 130 units. The institutional-quality portfolio consists of two assisted living and memory care communities, including The Residence at Colvin Run in Great Falls, Virginia and Queenstown Landing in Queenstown, Maryland. The facilities...
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Norman Jemal JV Buys West End DC Office for Residential Conversion
Jemal Real Estate Strategies and DivcoWest have announced a joint venture to convert 1255 23rd Street NW, a 342,000-square-foot office building in Washington, D.C.’s West End, into approximately 323 apartments. The project will include up to three dozen affordable units. Madison Realty Capital provided a $40 million loan to support the property’s acquisition and predevelopment....
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Institutional Property Advisors Brokers $72M Puget Sound MF Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Groves Apartments, a 366-unit multifamily property in Kent, Washington. The $72 million sales price equates to $196,721 per unit. “The Groves gives the buyer a compelling opportunity to build on an established renovation program,” said Philip Assouad, IPA executive managing...
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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