News
Cushman & Wakefield Tapped to Market Large-Scale Site on Yonkers Waterfront
Cushman & Wakefield has been retained by American Sugar Refining to market for sale The Refinery District, a 33-acre waterfront development site located at 1 Federal St. in Yonkers. The offering represents the final large-scale development opportunity along the Yonkers waterfront, accordng to Cushman & Wakefield. The offering presents an opportunity to develop approximately 2,650...
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Colliers Team Brings Sacramento Deal Across the Finish Line
The Colliers Sacramento Multifamily Team has closed the $16-million sale of 2850 Cottage Way, a 100-unit apartment property in Sacramento. The property traded at 6.53% cap rate. The sale posed its share of hurdles along the way. “This was our team’s second time working with this investor on acquiring multifamily property in Sacramento,” according to...
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California Bill Could Require Apartment Developers to Fund Grocery Construction
California rental housing developers could be required to fund grocery store construction or set aside space for a future store near their projects under a bill being considered in the state Legislature, the California Apartment Association reported. It has been referred to the Assembly Committee on Housing and Community Development after being approved 5-0 by...
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Apartments Priced at $10M and Up Dominate Manhattan New Development Sales in Q1
First-quarter 2026 sales of newly developed for-sale apartments in Manhattan were driven largely by units priced at $10 million and above, Brown Harris Stevens Development Marketing reported. This sector recorded 56 contracts signed, more than during any period this decade. It also accounted for 55% of contract-signed dollar volume, based on last-asking prices. Overall in...
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Phoenix Leads Nation in BTR Market Volume
In its special report on BTR communities, Northmarq reports that Phoenix was the nation’s largest BTR market by volume in 2025, with nearly 1,500 units trading for more than $500 million. Vacancy ended 2025 at 9.8%, up from a 4.5% average from 2020 through mid-2022, driven by a surge in new supply and competition from...
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Middleburg, Harbor Group International Close Financing for Richmond MF Development
Middleburg and Harbor Group International announced the closing of construction financing for Scottwood, a 299-unit multifamily development located at 4400 West Broad Street in Richmond, Virginia. Construction is set to start in April, with initial deliveries anticipated in late 2027. Financing was provided by Truist Bank. Situated just west of the city’s Scott’s Addition District...
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Peak Capital Pays $56M for Denver Apartments
Momemtum at First Creek, a 200-unit apartment community located at 5500 Telluride Street in Denver was sold for $56 million, or about $280,000 a unit. The Denver Business Journal reports Peak Capital Partners was the buyer. Massimino developed the rental community. Bell Partners has been the manager of the property. Completed in 2023, Momentum at...
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Interra Realty Brokers Trio of Chicago-Area Multifamily Sales
Interra Realty brokered three separate multifamily transactions in southwest suburban Chicago. The deals included the $2.34 million sale of 9822 Nottingham Ave. in Chicago Ridge, as well as the $1.73 million sale of 10821 S. Keating Ave. in Oak Lawn and the $1.05 million sale of a two-building portfolio in Midlothian, comprising 14613 S. Keystone...
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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