News
Arverne East Team Breaks Ground on First and Largest Residential Building
The Arverne East Development Team has broken ground on Arverne East Building D, a 320-unit affordable mixed-use project which will create 89 cooperative homeownership units and 229 rental apartments in the Far Rockaway neighborhood of Queens. Building D is the third phase of the Arverne East master plan and the first and largest residential building. Arverne East Building D is developed...
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Real Brokerage to Acquire RE/MAX Holdings
The Real Brokerage Inc. and RE/MAX Holdings, Inc. 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 Real REMAX Group. The transaction implies an enterprise value for RE/MAX Holdings of approximately $880...
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Council Speaker Menin Proposes Building Thousands of Apartments on Small Lots
New York City Council Speaker Julie Menin on Friday announced a proposal to build up to 35,000 new apartments on nearly 3,000 small lots across the five boroughs. These would be made feasible through reforms to the city’s Construction Codes, which currently constrain the feasible design of housing on small lots. Menin also announced the...
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Feds, City Partner on Building 3,000 Mixed-Income Homes in Ottawa
The federal government and the City of Ottawa have partnered to build up to 3,000 new mixed-income and affordable homes, with the first eight approved projects set to deliver more than 1,100 rental units. Prime Minister Mark Carney said the projects, approved through Build Canada Homes, exceed initial targets by nearly 10%. More than 90%...
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Knighthead Funding Originates $40M Financing for Student Housing Near Indiana University
Knighthead Funding has originated a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing community located at 298 East Varsity Lane in Bloomington, Indiana, directly across from Indiana University Memorial Stadium. The borrower, Varsity Properties, has owned and operated the property for many years and sought to refinance the existing...
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Economists Expect BoC to Hold Overnight Rate Again
The Bank of Canada is expected to keep its overnight rate unchanged at 2.25% on Wednesday and through the rest of 2026, according to a Reuters poll of economists. All 41 economists surveyed between April 21 and 24 said the central bank would hold rates steady at its April 29 decision, while more than 80%...
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Houston College Converting Former Senior Living Facility to Dorms
Houston Christian University is converting a former senior living facility into student housing. The 200,000-square-foot facility is scheduled to close in June, allowing the school to begin renovations on the five-story building. The Houston Business Journal reports he first 150 students will occupy floors 3,4 and 5 starting this fall. In the meantime, work is...
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Greensboro-Area Team Eyeing Mixed-Use Project Near Airport
Phillips Management, with Signature Property Group, is developing a mixed-use community with more than 700 multifamily units, commercial and office space near Piedmont Triad International Airport. The Triad Business Journal reports the development would have two phases, the first of which would have up to 715 residential units. The second of which would include uses...
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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