News
Harrison Street, PC Urban Partner on VGH-Area Workforce Apartment Project
PC Urban and Harrison Street Asset Management have teamed up to develop a twin-tower healthcare worker-oriented apartment project near Vancouver General Hospital. According to a published report, Harrison Street recently acquired a majority stake in the project from PC Urban for an undisclosed price. Both towers are slated to stand 22 storeys. The project is...
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AIMCo’s Infra Portfolio Posts 3.3% Gain, Real Estate Down 2.2%
AIMCo’s infrastructure portfolio posted a 3.3% return in 2025, reflecting a modest gain in a year marked by volatility across private markets. The result comes as AIMCo, the Alberta Investment Management Corporation, reported a 7.6% net return, or $13.1 billion, for its Balanced Fund for the year ended Dec. 31, 2025. “AIMCo has remained focused...
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Tricon Debuts Eighth BTR Development in California
Tricon, a Blackstone Real Estate portfolio company, held the grand opening of Tricon Winchester, a build-to-rent (BTR) community in Riverside County. The 180-home development is part of the company’s broader effort to expand access to single-family rentals in quality neighborhoods. Tricon Winchester was developed in partnership with Foremost Pacific Group on vacant land, transforming an underutilized site into...
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Essex Three-Twelve Executes Sale of Lakeview East Apartment Building
Essex Three-Twelve completed the sale of an eight-unit multifamily property at 544 W. Wellington Ave in Chicago. The property features a mix of two- and three-bedroom units that average 2,000 square feet. Each unit includes a chef’s kitchen, dining room, living room, foyer, and large bedrooms. The building features a community garden, and four of...
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Colliers Arranges $37M Minneapolis Multifamily Transaction
Colliers completed the sale of The Copham, one of Minneapolis’s multifamily properties in the city’s North Loop neighborhood, for $37.6 million. The sale was led by the Colliers team of Executive Vice Presidents Mox Gunderson, Dan Linnell, and Adam Haydon, as well as Associate Vice President Devon Dvorak and Associate Drew Jackson, who represented the...
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Yellowstone Lines Up $200M-Plus for Candler Building Resi Conversion
BHI, the U.S Branch of Bank Hapoalim, B.M., has provided Yellowstone Partners with $167 million to convert the circa-1912 Candler Building, a 25-story, 221,357-square-foot office building at 221 W. 41st St., into a 176-unit multifamily building. Naftali Credit Partners will provide an additional $36 million in mezzanine financing, bringing the total loan amount to $203...
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Walker & Dunlop Arranges $132M for Richmond MF Redevelopment
Walker & Dunlop has arranged the joint venture partnership between AIP, Pointsfive, and Bridge Investment Group for the $132 million redevelopment of the former Greyhound Bus Station in Richmond, Virginia, into a multifamily community. The firm secured equity, in addition to $85.6 million in construction financing from Madison Realty Capital. Upon completion, the 550,000-square-foot project...
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Blackstone Lists Luxury Apartments within Parisian Mixed-Use Complex
Blackstone has appointed Knight Frank to market a portfolio of 60 Parisian luxury apartments, Bloomberg News reported. The sales process, expected to launch later this year, is expected to generate more than €100 million (approximately US$115 million). The apartments, contained in the Centre d’Affaires Paris Trocadéro complex, are part of an acquisition from Union Investment late...
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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