News
Work Underway on Massive Apex Development
Site work is wrapping up and construction workers are ready to start building on what will be a $3 billion development in Apex. The Triangle Business Journal reports RXR is developing the 1,200-acre Veridea site, which will start with two industrial buildings totaling 213,000 square feet. 1.3 million square feet of warehouse space is planned....
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Vancouver Condo Sales Fall 10.7%, Average Price down 7.9%
Apartment-condo sales in Metro Vancouver fell 10.7% year-over-year in April to 1,009 units, while the units’ benchmark price declined 7.9% to $703,000, says the regional real estate board. Overall residential sales registered on the MLS in Metro Vancouver totalled 2,110 in April 2026, down 2.5% from 2,163 sales in April 2025 and 22.9% below the...
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108-Unit Rockford Multifamily Property Trades for $5M
SVN | Chicago Commercial facilitated the sale of Auburn Manor Apartments, a 108-unit multifamily property located at 4026–4224 Auburn Street in Rockford, Illinois. The 104,956-square-foot, 100% HAP Section 8 asset traded for $5.1 million. SVN represented the seller, a repeat client, in the transaction. This sale marks the final disposition within the client’s portfolio, as...
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1,400-Acre Riverside County Tract Comes to Market
Cushman & Wakefield is marketing a 1,400-acre residential development site, centrally located within the Inland Empire. The Riverside County site includes a tentative tract map, offering developers a clear path forward Kevin Turner, Hector Vargas and David Harbour of Cushman & Wakefield have been retained to market the property in partnership with WD Land Advisors. “Given the sheer size and central location of...
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$16M Affordable Seniors Housing Project Opens in Baltimore
Enterprise Community Development celebrated the grand opening of the newly renovated Park Heights Place, an 84-unit affordable senior housing community located at 5430 Park Heights Avenue in Baltimore City. The celebration marked the completion of a $15.8 million renovation that preserves the community’s long-term affordability. Originally constructed in 1998, Park Heights Place serves older adults...
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RXR Nabs $269M Refi for White Plains Apartments
RXR has secured approximately $269 million in refinancing for Hamilton Green, a newly delivered and nearly fully leased, 477-unit Class A multifamily community located at 5 Cottage Pl. in downtown White Plains, NY. The owner and developer co-operates the property with Korman Communities. The funds were provided by a group of institutional lenders, including Blackstone...
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CAPREIT Completes $441M Take-Private Acquisition of ERES
Canadian Apartment Properties REIT (CAPREIT) has closed on its take-private acquisition of European Residential REIT (ERES.) Toronto-based CAPREIT acquired all outstanding units of ERES that it did not already own in an all-cash transaction, valuing the trust at approximately $441 million, including debt. ERES, also based in Toronto, invested in European multi-family rental properties. CAPREIT...
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Developer Plans 94-Home Subdivision in Lake Stevens
Developer Land Pro Group has plans to build a 94-home single-family subdivision on a 12.4-acre site in Lake Stevens, Washington. The development, dubbed the White Property project, will be located on the 1300–1400 blocks of 99th Avenue Southeast, reported the Puget Sound Business Journal. Proposed lot sizes in the subdivision will range from 3,600 to...
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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