News
Lendlease Opens Two-Building Habitat Apartment and Office Complex
Lendlease and joint venture partner Aware Super announced the opening of Habitat in Los Angeles along with welcoming the building’s first residents. The two-building live-work-thrive campus features luxury apartments, creative offices and restaurant-ready retail space. The 12-story residential building, Habitat Residences, is located at 3411 S. La Cienega Blvd., where Culver City meets Los Angeles. The 260-unit community...
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St John’s U. Sells Staten Island Campus to Wagner College
St. John’s University closed the sale of its Staten Island Campus to Wagner College, ensuring the property’s continued use for higher education and community benefit. The transaction was facilitated by Savills, which represented St. John’s throughout the process. The project was led by the Savills team of Arthur Mirante and David Carlos, along with Savills corporate managing directors...
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Boardwalk Sells Five Prairie Apartment Properties for $117M
Boardwalk REIT has finalized the sale of five apartment properties in Edmonton, Regina and Saskatoon for a combined price of $117 million. The transactions involve 563 suites across three Edmonton properties — Capital View Tower, Kingsway Tower and The Edge — as well as Lockwood Arms Apartments in Regina and Lawson Village in Saskatoon. The...
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Marcus & Millichap Closes Sale of New Haven-Area Student Housing
Marcus & Millichap closed the sale of Pine Rock Townhomes, a 30-unit purpose-built, student housing community property in Hamden, CT. Deal terms were not disclosed. “Pine Rock Townhomes fulfills a critical need for student housing within the well-performing New Haven submarket,” said Eric Pentore, senior managing director in Marcus & Millichap’s New Haven office. Added Wes Klockner,...
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Colliers Markets Historic Alameda Hotel Apartments
Colliers has listed the historic Alameda Hotel Apartments, located at 1415 Broadway in Alameda. Built in 1926, the property features 93 multifamily units, 14 street-level retail spaces and a multi-room event venue. EVP Ryan Rodriguez and VP Matthew Flaherty have the listing. “The historic Alameda Hotel Apartments are one of the city’s most recognizable mixed-use...
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CBRE Arranges Sale of 120-Unit Apartment Complex in Wisconsin
CBRE has arranged the sale of Trail’s Edge Apartments, a 120-unit multifamily property in West Bend, Wisconsin. Wisconsin Lakefront Property Management LLC acquired the property for an undisclosed price from an ownership group that included an entity related to American Construction Services, the property’s original developer. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented...
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Core Spaces Closes $1.6B Student Housing Fund
Core Spaces announced the final close of its latest flagship fund, with approximately $1.64 billion in total capital commitments from global investors. The close represents one of the largest dedicated capital raises in the student housing sector. Founded in 2010, Core offers a differentiated approach to the student housing sector, focusing on location, design, and...
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Denver Developer Lands Financing for VA Redevelopment Project
GM Development secured $130 million in project financing, enabling the company to begin redevelopment of a historic former Veterans Affairs (VA) hospital campus into a 493-unit Class A mixed-use community in Denver, Colorado. The financing was arranged by Walker & Dunlop. Chris Rumul, Jason Silva, Cole Parker and Mike Valucci of Walker & Dunlop FHA Finance on behalf of...
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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