News

Interra Takes On Greenway Plaza

Texas + Apartment Buildings

Interra Capital Group acquired Greenway Plaza, a landmark 53-acre, 4.5 million-square-foot mixed-use office campus in the heart of Houston. One of Houston’s most prominent commercial properties, Greenway Plaza is among the largest infill mixed-use business campuses in the United States. Its scale, location, and institutional significance make it a rare asset with substantial long-term potential....

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Feds Invest $28M in Halifax Interchange’s Wastewater Infra

Canada + Apartment Buildings

The federal government is investing $28 million in wastewater infrastructure tied to the Windsor Street Exchange redevelopment project in Halifax. The upgrades are intended to support additional housing development by expanding system capacity, while also improving infrastructure reliability in a key transportation corridor, said federal officials. The funding is part of the newly launched Build...

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Toll Brothers Buys Land for Over 400 Cary Rental Units

Atlanta & Southeast + Apartment Buildings

Toll Brothers bought a 27-acre mobile home park in Cary. The company will build 407 residential units at the site. 330 are slated to be multifamily units, and 97 are expected to be townhomes. The Triangle Business Journal reports the 607 Cedar St. property is assessed at $26.7 million. (photo courtesy of Commercial Search) Tenants...

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People and Companies News for Week Ending April 10, 2026

Canada + Apartment Buildings

Roger Urwin has resigned from the boards of ATCO and its subsidiaries Canadian Utilities and ATCO Australia. Urwin’s board and committee responsibilities will be reassigned until his replacement is appointed. The Conference Board has appointed Gillian Riley as head of its Canadian operations. She began her duties April 6. Riley spent three decades at Scotiabank, where she rose to the president and CEO...

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Sale of East Hollywood Affordable Entailed Three Separate Government Approvals

California & West + Apartment Buildings

The LAAA Team of Marcus & Millichap closed on the sale of 1536 N Serrano Ave, a 42-unit LIHTC community in East Hollywood, for $7,600,000. The team noted that three separate government approvals, a 166-day escrow and coordination across 15-plus parties were required to bring the deal to close. Among these approvals was a sign-off...

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Marcus & Millichap Capital Corporation Secures Financing for DC Multifamily Property

Washington DC + Apartment Buildings

Marcus & Millichap Capital Corporation arranged $4.13 million in financing for a newly built, 11-unit multifamily property located at 1706 17th Street Southeast in Washington, D.C. Jared Cassidy, senior director in MMCC’s Washington, D.C. office, secured five-year, non-recourse agency financing at 70% loan-to-value on behalf of a private client. The loan also includes three years...

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Vancouver Mayor Sim Promises Another Property Tax Freeze, More Community Centres

Canada + Apartment Buildings

Vancouver Mayor Ken Sim is promising another municipal property-tax freeze and a major investment in community-centre infrastructure if he is re-elected this fall. In a State of the City address during a Greater Vancouver Board of Trade luncheon, Sim offered glimpses into his upcoming election platform. He said his ABC Party-led government would freeze the...

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Mesa Okays 62-Unit Affordable Sr. Housing Project

Phoenix & Southwest

The City of Mesa signed a ground lease with Commonwealth Development to deliver 62 affordable senior housing units at 37 W. University Dr. AZBEX reports the developer has an option to purchase the property after year 25. The project is expected to cost $18 million to build. Called The Helix, units will be targeted toward...

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