News
Two Trees’ One Domino Square Surpasses $300M in Sales
Two Trees Management announced that its One Domino Square, Williamsburg’s tallest residential building, is now 70% sold and has surpassed $300 million in sales. Since sales launched in May 2024, 112 residences at One Domino Square have closed or entered contract. Among these transactions is the $7-million sale of Penthouse 3A, which holds the record for the most expensive sponsor sale in...
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Northmarq Arranges Bridge Loan for Newly Developed Hillcrest Apartments
Northmarq’s San Diego Debt + Equity team, led by Aaron Beck and Conor Freeman, arranged a $26.75-million bridge loan for 8th & U Apartments, a newly delivered 90‑unit mid-rise multifamily community located in San Diego’s Hillcrest neighborhood. The Northmarq team arranged the bridge loan on behalf of Greenline Development Group through its correspondent relationship with National Life Group. The transaction...
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Berkadia Arranges Financing for Grand Rapids Townhomes
Berkadia announced the financing of Meadowood Townhomes, a 96-unit, townhome-style multifamily property in Grand Rapids, Michigan. Managing Director Aaron Moll and Associate Directors Dominick Ens and Kevin Nimmo of Berkadia Detroit and Chicago secured the loan through Fannie Mae. The borrower is the developer of the property, Grand Rapids-based Wheeler Development Group (WDG). WDG owns...
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Levin Johnston Closes REO Sale of Redeveloped Oakland Multifamily
Levin Johnston of Marcus & Millichap represented the seller and procured the buyer in the $8.1-million sale of 316 12th St., a recently redeveloped mixed-use property comprising 27 apartment units and two retail/office suites in Downtown Oakland. Executive managing director Adam Levin said it was an REO sale completed on behalf of the original PACE...
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Standard Real Estate Investments Acquires Lombard Multifamily Property
Standard Real Estate Investments has expanded its strategic partnership with Belay Investment Group, and the venture will target middle-market value-add Midwest multifamily investment opportunities with a commitment of $50 million. “Our ability to invest in and manage multifamily communities is an excellent complement to Belay’s long-standing expertise, and we are thrilled to expand our partnership,”...
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Conrad Preparing to Get REMAX Commercial Up and Running
Commercial real estate industry leader Damon Conrad is getting close to putting his stamp on REMAX Canada. Conrad is preparing to launch the REMAX Commercial brand after leading the development and expansion of his former company, Royal LePage Commercial. REMAX has been providing commercial real estate brokerage services on a relatively large scale for decades,...
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Old Town Alexandria Office Building Converted Into Luxury Apartments
American Real Estate Partners and Harrison Street Asset Management announced their joint venture has completed an office-to-residential conversion of CityHouse Old Town, a luxury rental community featuring 199 residences in the heart of Old Town, Alexandria. The project marks the neighborhood’s first completed office-to-residential conversion and reflects the two firms’ partnership to reposition a legacy...
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Dallas-Based Criterion to Add More Apartments at Medford’s River Edge Mixed-Use
Funding has been secured for the construction of a new building at the River’s Edge apartment, office and retail complex in Medford, MA. The Boston Business Journal reported that an affiliate of Dallas-based Criterion Development Partners registered a $64-million mortgage for a parcel that will add 224 apartments at the complex. The site, which runs...
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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