News

Goodman Commercial Launches New Bulk-Condo Marketing Service

Canada + Apartment Buildings

Goodman Commercial has launched a new condominium bulk-condominium marketing service designed to help developers overcome sharp presale declines. The Vancouver-based brokerage specializes in rental apartment-building and development sites. The firm is now looking to market discounted condo units in bulk to its clients, giving them the option of renting them out or holding and selling...

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Development Site Sale Sets Carroll Gardens Pricing Record

New York & Tri-State + Apartment Buildings

Marcus & Millichap closed the sale of 101-103 Luquer St., a development site in Brooklyn’s Carroll Gardens neighborhood, for $5,250,000. Jesse Kay and Jakub Nowak of the Nowak Group of Marcus & Millichap represented the seller and procured the private buyer. “At $503 per buildable square foot, this transaction sets a record price for Carroll Gardens...

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Colliers Arranges Sale of 100-Unit Multifamily Property in Minneapolis

Chicago & Midwest + Apartment Buildings

Colliers completed the sale of Anderson Plaza Apartments, a 100-unit multifamily community located at 1800 NE Garfield Street in Minneapolis. Developed in 1963 and family-owned since its inception, this transaction marks the first time the asset has changed ownership. The sale was led by the Colliers team of Executive Vice Presidents Mox Gunderson, Dan Linnell, and Adam...

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GID Residential Expands MF Development Platform With Mid-Atlantic Launch

Washington DC + Apartment Buildings

GID announced the continued expansion of GID Residential Partners, its national development platform, with a strategic entry into the Mid-Atlantic market. The initiative will be led by industry veteran Duncan Jones, who joins the firm as Senior Managing Director. Building on GID’s longstanding multifamily development experience, the entry into the Mid-Atlantic market, comprising Maryland, Washington...

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Billerica Apartment Complex Listed for First Time in 50 Years

Boston & New England + Apartment Buildings

Matthews has listed Parlmont Park Apartments, located at 10 Parlmont Park in Billerica, MA. An asking price was not disclosed. Exclusively listed by Matthews VP Nick Jasinski, the property comes to market for the first time in 50 years. Parlmont Park Apartments presents a 100% market-rate opportunity within the North Billerica submarket, according to Matthews....

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White House Seeks Deregulation on Homebuilding to Address Housing Shortage

Apartment Buildings

The U.S. faces a shortage of about 10 million homes, according to a new report from the White House Council of Economic Advisors. Largely responsible for the shortfall is the slower pace of homebuilding since the 2008 global financial crisis, a slowdown the report blamed on local regulations. The report argues that “increasingly pervasive California-style...

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Connect Phoenix Multifamily 2026 | Phoenix Outlook: Submarkets, Supply & the Next Phase of Growth 

Phoenix & Southwest + Apartment Buildings

Greater Phoenix remains one of the most closely watched rental housing markets in the country. Industry leaders recently gathered at Connect Phoenix Multifamily, SFR & BTR 2026to break down how submarkets diverge in performance, local job growth, supply pipelines, and capital flows are shaping the region.  Vice President Nate Basinger of Kennedy Wilson moderated the event’s first panel discussion. “We’ve had...

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JPI Building $77.8M Rental Community in The Colony

Texas + Apartment Buildings

JPI has started work on Jefferson Grandscape II, a 5-story, 277-unit Class A+ wrap community located at 5500 Nebraska Furniture Mart Dr. in The Colony, Texas. Financed in partnership with Nebraska Furniture Mart, with lending support from QuadReal, the $77.8 million multifamily project will be ready for move in January 2028. Grandscape is a shopping, dining...

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