News
Hillpointe Lands $67M Construction Loan for Tampa Apartments
Hillpointe secured $67 million in project financing and broke ground on Pointe Grand Interbay at Tampa, a 408-home apartment community for working families and individuals located at 7400 Interbay Blvd in South Tampa. Upon completion in June 2027, Pointe Grand Interbay at Tampa will encompass a total site area of 798,216 square-feet and will consist...
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Georgia Tech Student Housing Investors Ink Refi
A team comprising LV Collective and Kayne Anderson Real Estate has closed on a refinancing of a student housing venture near the Georgia Tech Campus. The project, called Rambler Atlanta, is a 798-bed student housing community in midtown Atlanta. Canyon Partners Real Estate provided the senior loan in a deal arranged by TSB Capital Advisors....
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Sarasota Mall Revamp Underway
Torburn Partners and Jamestown are moving forward with Sarasota Square, a mixed-use redevelopment of the former Sarasota Square Mall. The mixed-use development spans nearly 100 acres at the corner of South Tamiami Trail and Beneva Road in Sarasota. Upon full build-out, Sarasota Square will comprise 530,000 square feet of retail and dining space, as well...
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Jesta Adopts Buy, Rent, Sell Strategy with Bulk-Condo Purchases
Jesta Group plans to complete its planned $500-million Toronto bulk-condo purchase program over the short term. Anthony O’Brien, senior managing director at Jesta, told Connect that the company plans to execute its strategy fully over the next five years. “The strategy is buy, rent and sell, essentially,” said O’Brien in an interview. After purchasing the...
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Haussmann Development Closes on Construction Loan for Manhattanville Mixed-Income
Haussmann Development announced the closing of a $40,750,000 construction loan with Affinius Capital LLC, in partnership with Axonic Capital LLC, to finance the ground-up development of an 84-unit multifamily residential building at 16–20 Convent Ave. in Northern Manhattan. The Opportunity Zone site, situated in the Manhattanville neighborhood adjacent to Columbia University’s expanding campus, will deliver a mixed-income...
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Upland Apartments’ Original Developer Divests for $48M
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Upland Village Green, a multifamily asset in Upland. The 24-building multifamily property on the eastern border of Upland near Rancho Cucamonga and Ontario sold for $48.5 million. “Placed on the market for the first time in over 40 years by the...
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Naftali and Access Real Estate Close on $374M Refi for Phase I of Williamsburg Wharf
Naftali Group and Access Real Estate have closed on a $374.35-million refinancing for Phase I of Williamsburg Wharf, Naftali’s 3.75-acre master-planned development along Williamsburg’s East River shoreline. The refinancing was provided by Barings. Walker & Dunlop Institutional Advisory, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Ari Hirt, and Stanley Cayre, arranged...
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Marcus & Millichap Completes 20-Townhome Portfolio Deal in Wisconsin
Marcus & Millichap closed the sale of a 20-townhome portfolio in New Richmond, Wisconsin, for $4.6 million. The portfolio consists of 20 townhomes on Norway Pine Circle. Built in 2016, all units are three-bedroom, two-bathroom homes. The property is located in the growing City of New Richmond in St. Croix County, about 40 miles from...
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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