News
Marcus & Millichap Arranges $12M Sale of Wisconsin Townhomes
Marcus & Millichap brokered the sale of Evergreen Townhomes, a 76-unit multifamily property in Manitowoc, Wisconsin. The property sold for $12.3 million, or $161,842 per unit. “While this transaction was driven by a local investor seeking to expand their presence in the Manitowoc market, Evergreen Townhomes stands out as a high-quality asset with strong appeal...
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DivCore, ICONIQ Target $2.5B of Class A Multifamily Acquisition and Development
DivCore Capital has launched a new residential investment platform, Sentral Strategic Partners, alongside ICONIQ and Sentral that is designed to invest in Class A multifamily acquisitions and development across major U.S. markets. The platform expects to pursue approximately $2.5 billion of multifamily investment opportunities over time, with sponsor co-investment on a deal-by-deal basis. Sentral, launched five...
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DC Ranks Second Nationwide for Future Office Conversions
The D.C. metro area has nearly 8,500 apartments in the pipeline from office conversions, making it the second-highest region in the country for conversions. With Washington, D.C., doubling down on office-to-apartment conversions, the area’s pipeline is only getting stronger, according to a recent report by RentCafe. Only New York ranks higher than D.C., with roughly...
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Gilbane Development Launches Leasing for DC Housing Redevelopment
Gilbane Development has launched leasing for Phase 2 of Barnaby & 7th, an affordable housing redevelopment project in Washington, D.C. Phase 2 will deliver 229 units across four buildings, further expanding access to high-quality, affordable housing in the nation’s capital. Set to open in the summer of 2026, Phase 2 of Barnaby and 7th features...
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Kidder Mathews Arranges Sale of 79‑Unit Apartment Property in Seattle
Kidder Mathews has arranged the sale of John Winthrop Apartments, a 79-unit multifamily property located at 1020 Seneca Street in Seattle’s historic First Hill neighborhood. Dylan Simon, Jerrid Anderson, and JD Fuller of the firm’s Simon | Anderson Multifamily Team represented the seller and procured the buyer. The buyer, Nordic Partners Investments, is an investment...
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Condo Project Lenders Must Relax Presale Requirements: Geller
Canadian condominium-project lenders must relax presale requirements to help revive the sinking market, says a legendary architect and developer. Michael Geller told Connect in an interview that the condo-development has become overly dependent on end users, namely residents who will occupy the units, rather than inventors looking to rent out suites. The presale market is...
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NMHC Survey Charts Moderate Improvement in Apartment Construction Market
Results from the March 2026 NMHC Quarterly Survey of Apartment Construction & Development Activity suggest moderate signs of improvement in the multifamily construction market, the National Multifamily Housing Council announced. Specifically, survey respondents reported the following: An increase in starts: Thirty-one percent of respondents said they are starting more projects than they were three months ago compared...
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Greystone Provides $33M Financing to Bayshore Properties for Chicago MF Acquisition
Greystone has provided $32.56 million in Freddie Mac financing for the acquisition of Aspen Ridge Apartments, a 253-unit multifamily property located in West Chicago, Illinois. The financing was originated by Eric Rosenstock, Senior Managing Director at Greystone, on behalf of Bayshore Properties. Additionally, Mandelbaum & Associates, Inc. provided Bayshore Properties with a $5.5 million preferred...
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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