News
Faulkner Capital Acquires Hollywood Luxury Apartments
Colliers arranged the sale of The Baxter, a newly constructed, mid-rise luxury apartment community located at 1818 N. Cherokee Ave. at the base of the Hollywood Hills. Vice chair Kitty Wallace represented all parties, including three undisclosed sellers and the buyer, Faulkner Capital Partners. Although the sale price was not disclosed, the 85,775-square-foot property traded...
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Contiguous Crown Heights Parcels Trade to Development Team
JLL Capital Markets arranged the $25.15-million sale of two residential development sites located at 1029 Dean St. and 1104 Pacific St. in the Crown Heights neighborhood of Brooklyn. The transactions were completed in separate off-market deals. Mike Mazzara, Ethan Stanton and Brendan Maddigan of JLL Capital Markets represented the sellers in both transactions. They also...
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Shopoff, AO Break Ground on Mixed-Use Redevelopment of Westminster Mall
Architecture firm AO broke ground on Bolsa Pacific at Westminster. Developed by Shopoff Realty Investments, the 83.3-acre mixed-use project replaces the former vacant Westminster Mall in Orange County with approximately 2,250 residential units, 220,000 square feet of retail, a 120-key hotel and more than 15 acres of publicly accessible open space. The development of Bolsa Pacific occurs as retail repositioning has become...
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10-Acre MXU Development in Elk Grove Village Marks Milestone
Nicholas & Associates and Wingspan Development Group recently celebrated the ribbon-cutting for the initial commercial phase of The VUE, a 10-acre mixed-use development in Elk Grove Village, Illinois. Located at Arlington Heights Road and Higgins Road, The VUE will be a modern, pedestrian-friendly mixed-use hub offering upscale living, dining and shopping. Highlights of the development...
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LSR Launches Phase 2 of Novia of the Station Apartments
LSR GesDev has acquired an existing 107-unit rental building and an adjacent development project in the Montreal suburb of Candiac, Que. The two sites, located at 125 Rue des Marronniers, serve as the first and second phases of the Novia de la Gare (of the Station) rental-apartment development. Phase 2 is proceeding and will bring...
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High Street Residential Breaks Ground on Beaverton Mixed-Use Development
High Street Residential, the residential subsidiary of Trammell Crow Company, along with joint venture partners SCOA Real Estate Partners and Lease Crutcher Lewis, has broken ground on a 369-unit mixed-use, transit-oriented apartment community in Beaverton, Oregon. The project marks one of the largest multifamily groundbreakings in the region in recent years. The apartments are expected...
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Marcus & Millichap Closes Multifamily Sale in New Bedford’s Historic District
Marcus & Millichap closed the sale of Roosevelt Apartments, a 73-unit apartment building in downtown New Bedford’s historic district. The sale price was $8,675,000. “The Roosevelt Apartments has a rich history in New Bedford, and we were excited to assist the sellers with this unique assignment,” said Tony Pepdjonovic, senior managing director. “The winning bidder was drawn to...
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Life Time Living to Start Work on Raleigh Project
Life Time Living plans to break ground soon on a luxury fitness club and residential tower in Raleigh. The Triangle Business Journal reports that Dewitt Carolinas’ Exchange Raleigh will be the site of an 18-story mixed-use building at 1110 Oculus Drive, with residential units on floors four and above and amenities on levels one through...
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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