News
Canadian Housing Starts Up 10% in March
Housing starts rose 10% year-over-year in Canada’s largest cities in March amid more signs of a residential-construction slowdown. The Canada Mortgage and Housing Corporation reported 16,398 actual housing starts in centres with populations of 10,000 or more, up from 14,935 units in March 2025. Year-to-date, starts reached 49,206 units, a 9% increase compared with the...
Learn more
Feds, City, Shoal Lake FN Funding 150-Unit Apartment Project
The federal and Manitoba governments, in partnership with Shoal Lake 40 First Nation, and the city will invest about $51 million altogether in a 150-unit apartment development in Winnipeg. The project, located at 2675 Portage Avenue, will deliver secure, apartment-style homes in a mix of one-, two- and three-bedroom units. Wholly owned by Shoal Lake...
Learn more
Westside LA Apartments Go Under Contract in Less Than 21 Days
Marcus & Millichap arranged the sale of two multifamily properties totaling 61 units in the Brentwood neighborhood of West Los Angeles for a combined $46.35 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap exclusively represented the seller. “The two sales are among just five multifamily transactions completed in Brentwood in 2026, establishing...
Learn more
Woodmont Sells Newly Built Pennington Apartments for $116M
A leading owner and operator with a national multifamily portfolio has acquired One Hundred Forge (formerly Woodmont Forge) IN Pennington, NJ. The $115.75-million sale of the 300-unit luxury apartment community represents a significant benchmark for the Hopewell Valley submarket, according to SAGE Investment Real Estate Advisors. Leasing of the Class A, newly constructed property was launched in 2024 and reached full occupancy by mid-2025. SAGE partners Steve Tragash and Greg Pine...
Learn more
GID Acquires Luxury Multifamily in San Diego’s Mission Valley
Berkadia closed the sale of Metro Mission Valley, a 305-unit, core-plus luxury apartment community in San Diego. Managing directors Ed Rosen, John Chu and Tyler Sinks of Berkadia La Jolla led the transaction on behalf of the seller. GID was the buyer. Although the purchase price was not disclosed, GID paid $167 million for a 331-unit San...
Learn more
No New GTHA Condo Projects Launched in Q1
No new condominium projects were launched in the Greater Toronto and Hamilton Area in the first quarter, marking the first such occurrence in at least 30 years, says Urbanation in a new report. “I think for buyers, there’s a fear of catching a falling knife,” Shaun Hildebrand, president of Urbanation, told The Toronto Star. “A...
Learn more
Great Expectations SPC Acquires 102-Unit MF Development Site in Puyallup
Kidder Mathews has arranged the sale of Addison Grove, a 102-unit multifamily development site located at 17753 78th Avenue East in Puyallup, Washington. Dylan Simon, JD Fuller, and Elijah Piper of the firm’s Simon | Anderson Multifamily Team represented the seller and procured the buyer. The purchaser, Great Expectations SPC, is a corporation focused on...
Learn more
Draper and Kramer Closes $65M Construction Loan for West Loop MF Development
Draper and Kramer, Incorporated‘s Matt Wurtzebach, senior vice president with the firm’s Commercial Finance Group, has closed a $64.78 million HUD construction loan on behalf of Riverside Investment & Development for a new 12-story, 199-unit multifamily building at 566 W. Van Buren St. in Chicago’s West Loop. Draper and Kramer is the lender for the construction loan....
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout