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Woodfield Delivers 360-Unit San Marcos Apartments

Texas + Apartment Buildings

Woodfield Development has delivered Strait & Nelson, a 360-unit apartment community in San Marcos, located roughly midway between Austin and San Antonio. Strait & Nelson offers one-, two-, and three-bedroom units that range in size from 719 to 1,387 square feet. Rents start at roughly $1,300 per month for a one-bedroom apartment. Amenities include a...

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Chartwell to Invest $382.5M in Fengate Seniors Housing Portfolio

Canada + Senior Housing

Chartwell Retirement Residences has agreed to acquire a 30% ownership interest in Fengate Asset Management’s Seasons Retirement Communities portfolio for $382.5 million. The portfolio comprises 23 seniors housing communities with 2,943 suites in Ontario, British Columbia and Alberta. Fengate will retain a 70% ownership interest in the joint-venture. Chartwell said the transaction is expected to...

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Hudson County Apartments Land $21M FHA/HUD Refi

New York & Tri-State + Apartment Buildings

Greystone provided a $20,766,500 FHA/HUD-insured loan to refinance HELIO Apartments, a newly completed 69-unit property in Kearny, NJ. The financing was originated by senior managing director Eric Rosenstock and director Jesse Yodice at Greystone, in collaboration with Alan Blank, managing director of Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) team. “Greystone is pleased to deliver a long-term FHA/HUD...

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Cutsey to Succeed Kenney as CEO of CAPREIT

Canada + Apartment Buildings

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has announced that president and CEO Mark Kenney will retire on July 2 and be succeeded by Brad Cutsey. Kenney will also resign from the board, with Cutsey set to join it on the same date. “I have greatly enjoyed the nearly 30 years I have spent...

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BGO’s Jonathan Epstein on Building the Platform with Intention

California & West + Apartment Buildings

BGO and its parent, Sun Life, made commercial real estate headlines last month with the announcement that multifamily owner/operator Bell Partners and BGO would combine businesses. Sizable as that transaction is, it’s far from the whole story BGO has to tell. In advance of his participation in Connect Los Angeles 2026 on May 28, for which he will be a member...

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Bristol Closes $79M Refi on Santa Rosa Rental Community

Florida & Gulf Coast + Apartment Buildings

Bristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158 Malachite Way, in Santa Rosa Beach. A Walker & Dunlop Capital Markets Real Estate Finance team, led by Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller, coordinated the transaction on behalf of Bristol . The team worked alongside Walker & Dunlop...

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S. Florida Ritz-Carlton Developer Inks $401M Bridge Loan

Florida & Gulf Coast + Apartment Buildings

Catalfumo Companies landed a $401 million first-mortgage completion-to-inventory loan secured by The Ritz-Carlton Residences, Palm Beach Gardens, a 14-acre, three-tower luxury branded residential and private marina development on the Intracoastal Waterway. The loan was originated through Northwind Debt Fund III and arranged by Scott Wadler and Michael Basinski at Berkadia Located at 2200 PGA Boulevard...

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Digging Beneath the Confusion: The Future of Artificial Intelligence and Commercial Real Estate

Apartment Buildings

While commercial real estate’s use of artificial intelligence has been around for over 40 years, it’s only been since the early 2020s that it’s made its way into the mainstream. Along with AI’s increased awareness are predictions ranging from promoting efficiency gains through automation to reducing loan processing time to quickly identifying trends. But according...

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