News
Interra Realty Brokers Sale of Vintage Apartment Buildings in Pilsen
Interra Realty brokered the $5.1 million sale of 2156 and 2158 W. 21st St., a two-building, 24-unit vintage multifamily portfolio in Chicago’s Pilsen neighborhood. The deal equated to $212,500 per unit. Interra Managing Director Jeremy Morton represented the confidential buyer, as well as the private seller. The properties were fully occupied at the time of...
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Northmarq Report Puts DFW #2 in BTR Units
The Dallas-Fort Worth metro area is the second-largest BTR market nationally, with nearly 25,000 units, the vast majority delivered in the last five years, that’s according to a recent Northmarq special report. In DFW, net absorption topped 4,000 units in 2025, up nearly 30% from the prior year, with more than 2,500 units absorbed in...
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Knightvest Snags $81M Refi for Houston Apartments, Makeover on Way
Knightvest Capital has closed on an $81 million refinancing of the Domain Memorial, a 313-unit townhome rental community in Houston. Mesa West funded the loan. A portion of the proceeds from the five-year, floating-rate loan will be used by Knightvest to complete the interior renovations that have resulted in increased occupancy and meaningful rent premiums...
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NRP Starts Work on 297-Unit Denton Affordable Housing Community
The NRP Group broke ground on the 297-unit Arbor Ranch affordable housing community in Denton in partnership with the Denton Housing Authority. Truist Bank provided financing for the project, including a $68 million construction loan, $48 million in permanent financing through its wholly owned subsidiary, Grandbridge Real Estate Capital, and a $33 million low-income housing tax...
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Dominium Planning 323-Unit Phoenix-Area Rental Venture
Developer Dominium is planning a 323-unit multifamily development on 12.68 acres in Tolleson east of 99th Avenue and Wolverine Way. AZBEX reports the development plan includes a mix of two-, three-, and four-bedroom apartments distributed across five buildings with a proposed building height of 48 feet (four stories). Tolleson is 20 minutes west of Phoenix off I-10. Plans...
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$89M Hallandale Beach Apartment Project Accepting First Tenants
13th Floor Investments has completed the first two residential buildings at Parks at Hallandale, a 15.5-acre multifamily development totaling 398 multifamily units. Located at 200 East Pembroke Road in the City of Hallandale Beach, the property is now welcoming its first residents following receipt of a Temporary Certificate of Occupancy (TCO) for the clubhouse and the...
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Ryan Starts Work on 350-Unit Fort Myers Rental Community
Ryan Companies celebrated the financial closing and commencement of construction on Trailside at Dia Crossing, an eight building, 350-unit multifamily community located at the gateway to Estero at U.S. 41 and Alico Road, in Fort Myers, Fla. The project is expected to be move-in ready by the first quarter of 2027. U.S. US Bank is providing...
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Crescent-Led Team Advancing Decatur Mall Redevelopment
Crescent Communities, in partnership with EDENS and NTT Urban Development, has broken ground on Novel Lulah Hills, a 303-unit multifamily community in Decatur, Ga. Commercial Edge reports the project is part of the redevelopment of the former North DeKalb Mall. Novel Lulah Hills is the first vertical component of the project. The six-story building will...
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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