News
NexMetro Debuts 229-Unit San Tan Valley BTR Community
Build-to-rent developer NexMetro Communities is opening Avilla Bella Camino, a new 229-home luxury rental community on 22 acres in San Tan Valley. The community is currently pre-leasing and will open to the public later this quarter. Located near the intersection of Gantzel Road and Bella Vista Road, the gated community features a collection of single-level,...
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Industry Groups Urge Passage of Revised ROAD to Housing Act
Eleven organizations representing the nation’s rental housing providers signed onto a letter urging Congress to pass the revised 21st Century ROAD to Housing Act and send it to President Trump for his signature. The revised bill omits a provision that would have threatened the viability of build-to-rent investment and development. “Professional housing providers and the...
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Development Team Closes on $100M Loan for N. Florida Sr. Living Community
BLDG Real Estate and The Fellowship Family closed on $100 million in financing for the 205-unit Fellowship Wildlight in Nassau County. The Jacksonville Business Journal reports the financing team for the venture includes Peachtree Group, Florida Development Finance Corporation, Farmers & Merchants Bank, a Greystone fund and Promus Realty. Fellowship Wildlight will be located within...
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Miramar Pays $56M for Two Charlotte BTR Communities
Miramar Capital acquired Towns at Eastland for $27.6 million and Crossings at NoDa for $28.2 million from Hopper Communities. The Charlotte Business Journal reports that Crossings at NoDa is an 88-unit development, located at 204 Monarch Creek Lane (shown) at the intersection of North Tryon Street and Sugar Creek Road. The community offers two-bedroom townhomes...
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El-Ad Pays $45.5M for Coconut Grove Property
El-Ad National Properties acquired the property located at 3265 Virginia St., Miami, Fla., for $45.5 million. The seller was an affiliate of the Canero Group. Omar Morales of Berkadia represented the seller in the transaction. Located in Coconut Grove, the property currently consists of a two-story residential building with 25 residential units and approximately 20,490 square...
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Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we were and where we are now. Where we were was a great deal of development. “Over the last five years, builders have added 2.1 million new units, increasing the multifamily stock by 11.2%,” said John...
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People and Companies News for Week Ending May 14, 2026
Scott Thon will become independent chair of the Aecon Group board, pending his re-election in June. Thon will succeed John Beck, who will not stand for re-election. In recognition of his 60-year contribution to Aecon during his entire career, Beck receive the title of chairman emeritus. Thon has served as Aecon’s lead director since 2024, after joining...
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Homes England’s National Housing Bank Invests £100M in Starlight’s U.K. Build-to-Suit Fund II
Starlight Investments announced that the National Housing Bank, a division of Homes England, has joined as a cornerstone investor in Starlight UK Build-to-Rent Fund II with a £100-million investment aimed at accelerating rental housing delivery across England. The equity investment is among the first made through the National Housing Bank, the U.K. government’s new vehicle...
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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