News
Walker & Dunlop Closes $60M in Financing for Chicago-Area Multifamily
Walker & Dunlop has closed nearly $60 million in construction take-out financing for Optima Verdana, a luxury mixed-use community in Wilmette, Illinois. The Walker & Dunlop Capital Markets Real Estate Finance team, led by Dave Hendrickson, Pat Modig, Jonathan Paine, Mo Beler, Will Crittenberger and Philippe LaPointe, originated the fixed-rate, interest-only financing provided by Freddie...
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Industry Veteran Roome to Take Helm at Concert Properties
Concert Properties has appointed Catherine Roome as president and CEO, effective May 26. Roome’s appointment followed what the company described as a comprehensive search. She succeeds the late Christine Bergeron, who died in February after a hard-fought battle with cancer. Roome brings more than three decades of leadership experience spanning infrastructure, regulation and public-interest organizations....
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Work Underway on $750M Haggard Farm Development
Work on the Haggard Farm Development is underway. The historic farmland is one of the lone remaining chunks of raw land left in Plano. Stillwater Capital is leading the development effort, which could amount to $750 million in value for the mixed-use project. The full 142-acre project is expected to feature about 200,000 square feet...
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Howard Hughes Corp. Closes on $300M Refi For Las Vegas-Area Mixed-Use Property
The Howard Hughes Corp. has refinanced Downtown Summerlin, a 400-acre mixed-use project in Las Vegas. The $300 million note was issued by U.S. Bank. Downtown Summerlin comprises 933,000 square feet of office space and nearly 1.4 million square feet of retail space, along with residential, hospitality and entertainment spaces. Commercial Search reports Howard Hughes delivered...
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GFP Launches Affiliated Company Focused on Development and Construction
GFP Real Estate, LLC has launched GFP Development, a new affiliated company formalizing the firm’s rapidly growing development and construction platform as GFP continues to pursue large-scale development, repositioning and conversion opportunities throughout New York City and the surrounding region. The new entity will be led by Brian Steinwurtzel, who will transition from his role as co-CEO...
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Kane Building 207-Unit Raleigh Sr. Housing Venture
Kane Realty is building an 8-story apartment complex, along with some retail space, on land it recently picked up within the North Hills Innovation District in Raleigh. The Triangle Business Journal reports the company paid $72 million for the 28-acre property. Kane will develop the site at 901 Navaho Drive, where a sprawling apartment venture...
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McDowell Partners Delivers 410-Unit Miami-Area Seniors Housing Venture
McDowell Housing Partners and Miami Jewish Health completed Douglas Gardens Senior Health and Living, a 410-unit mixed-income, mixed-use residential community in Pembroke Pines that stands as the largest affordable senior housing development in Broward County and the second largest in the state of Florida. The $139 million development combines residential units with on-site healthcare services....
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Real Acquisition of Remax to Span Thousands of Canadian Franchisees, Agents
Thousands of Remax Canadian franchisees and brokers are slated to be part of Real Brokerage’s acquisition of RE/MAX Holdings. Real and RE/MAX Holdings said Monday they have entered into a definitive agreement under which Real will acquire RE/MAX Holdings to create what the two companies described as a leading technology-enabled global real estate platform named...
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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