Intracorp has begun construction on a condo project along South Congress Avenue after securing a $173 million construction loan. The construction loan was provided by BGO. Leifer Properties is a co-developer on the project, and Northland Properties and Aron Industries are project partners. The Austin Business Journal reports that, per the approved site plan, Leland...
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Canada’s PSP Investments is exiting one of North America’s largest senior-housing platforms, agreeing to sell Sunrise Senior Living to BDT & MSD Partners in a transaction valued at more than US$1B, according to The Wall Street Journal. The deal shifts control of an operator with more than 230 communities and 22,000 residents across Canada and...
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A 174-unit Greensboro senior-living community — Harmony at Greensboro — has been purchased for $123.5 million by Janus Living. The 6.65-acre community at 3420 Whitehurst Road offers independent, assisted and assisted memory care residential units, as well as onsite rehabilitation services. The 193,673-square-foot facility has 95 independent living units, 48 assisted living units and 34 memory care beds....
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Newmark arranged the sale of and $45 million in financing for Ascend Waterleigh Village, a newly constructed, 280-unit Class A multifamily community in Winter Garden, Florida, within the Orlando metropolitan area. Newmark’s Scott Ramey, Brad Downing, Paul Grant and Grant Bretzlaff represented seller D.R. Horton. Matthew Williams, Brian Kochan and Rob Wright secured the financing...
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A large team of developers and creative contributors is joining forces on Ocean One, a Class A mixed‑use development in Boynton Beach. Developed by Hyperion Group, Winter Properties, WREP, and Silverstein Properties, supported by equity funding from affiliates of Cantor Fitzgerald and Silverstein Properties, and construction financing from Madison Realty Capital, Ocean One will deliver 371...
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The Hines Global Income Trust is behind the purchase of 99 West Paces, a 312-unit luxury apartment complex in the Buckhead district of Atlanta. The contract purchase price was $237.8 million. JLB Partners was the developer and owner. 99 West Paces is located at 99 W. Paces Ferry Road NW, directly adjacent to Buckhead Village...
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Affinius Capital has originated a $94.8 million construction loan to finance Zev Corvallis, a 13-story, Class A student housing property in Corvallis, Oregon. The ground-up development will feature 667 beds and 4,500 square feet of retail. The loan was made to Fields Holdings, led by Eran Fields, an existing partner of Affinius Capital. Scheduled to...
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Attendees at Connect Apartments 2026, held in late September at The Biltmore in Los Angeles, had an up-close vantage point to hear from industry leaders on the opportunities and challenges seen by participants in the multifamily market across the western U.S. For those who were unable to attend, we have summarized the in-person conference in...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California