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Nashville Apartments Trade at Steep Discount

A company aligned with New Jersey investor Aaron Friedman paid $54.4 million for the Braxton Music Center apartment development at 2165 Nolensville Pike, near Geodis Park. The Nashville Business Journal reports Friedman obtained a $42 million loan from Prime Finance Partner to accompany the purchase. The seller was PassiveInvesting.com. The firm paid $77.64 million for...

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LUXCOM Inks $72M Refi on Sunrise Apartments

Florida & Gulf Coast + Apartment Buildings

Dwight Mortgage Trust closed a $72 million bridge refinance loan for Sereno, a newly built 235-unit luxury apartment development in Sunrise, Florida. LUXCOM was the borrower. Loan proceeds were used to repay construction financing, cover transaction costs, establish an interest reserve, and retire existing construction debt. The transaction was originated by David Scheer, Alex Izso, and Evan Fromen on behalf...

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Greater Vancouver CRE Deals Down 8.3% in 2025

Canada + Apartment Buildings

Total Greater Vancouver Area commercial real estate sale transactions declined 8.3% in 2025, says the region’s real estate board in a new report. The drop in total investment dollar volume was even more acute, 23.2%, as investors devoted considerably less capital to asset purchases, said Greater Vancouver Realtors. Total dollar volume fell =to about $7.5...

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Available Parking Spots Boost Toronto Condo Prices

Canada + Apartment Buildings

The Greater Toronto Area’s condo-sales slowdown has not affected buildings with available parking. New data from Wahi, a digital real estate platform and brokerage, shows that buyers are paying up to $268,500 more for a parking spot in some Greater Toronto Area neighbourhoods. As investors pull back, homebuyers are driving the market, prioritizing space and...

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JLL Arranges Construction Loan for Buffalo Mixed-Use

New York & Tri-State + Apartment Buildings

JLL Capital Markets recently arranged approximately $26 million in construction financing for Heritage Point, a mixed-use multifamily development located at 120 Main St. in Buffalo, NY. Working on behalf of the borrower, Sinatra & Company, JLL structured a layered capital stack that includes a $14.8-million senior construction loan from national lender X-Caliber and $11.2 million...

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Eagle Real Estate Partners, TriPost Capital Team for Multifamily Investments

California & West + Apartment Buildings

Eagle Real Estate Partners, LLC (EREP), an El Segundo-based multifamily investment firm focused on the Western U.S., said Monday it has entered into a strategic, programmatic GP co-investment partnership with TriPost Capital Partners, LLC, a New York-based multi-strategy real estate private equity firm. Under the partnership, TriPost will commit more than $50 million in GP co-investment capital, supporting EREP’s...

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American Capital Group, Clarion Partners Complete Apartments in Lynnwood

Seattle & Northwest + Apartment Buildings

American Capital Group and Clarion Partners announced the completion and opening of Enso Apartments, a 316-unit multifamily community located at 4001 198th St SW in Lynnwood, Washington. Enso Apartments is a transit-oriented development located within a federally designated Qualified Opportunity Zone in the heart of Lynnwood City Center. Ideally positioned along Interstate 5 and walkable...

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WRS Breaks Ground on $1B Lakeforest Mall Redevelopment

Washington DC + Apartment Buildings

WRS Inc. recently celebrated the official groundbreaking of the Lakeforest Redevelopment, a mixed-use project that will transform the former 102-acre Lakeforest Mall site. The groundbreaking marks the start of a multi-phase construction plan designed to replace 1.1 million square feet of aging retail and parking lots. The $1.2 billion redevelopment will include 1,600 residential units....

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