News
Lowe Breaks Ground on Apartments at Santa Ana’s Mainplace
Community, civic and business leaders gathered Wednesday for the groundbreaking of The Carina, a new multifamily residential community at 2828 N. Mainplace Dr. that will bring 408 apartments to Mainplace in Santa Ana. Developed by Lowe, in partnership with MainPlace owner Affinius and owner/operator Centennial, The Carina is part of the continued evolution of MainPlace into a mixed-use...
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Berkadia Completes Kansas City Seniors Housing Portfolio Sale
Berkadia completed the sale of six senior living communities in the Kansas City MSA. The portfolio consisted of six assisted living and memory care communities totaling 413 units across the Kansas City MSA, including Kansas City, Blue Springs and Raymore, Missouri, and Olathe and Lenexa, Kansas. Managing Directors Ross Sanders, Dave Fasano, Cody Tremper, and...
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IPA Capital Markets Arranges $31M Financing for Nebraska Apartments
IPA Capital Markets, a division of Marcus & Millichap, announced the $31.61 million refinancing of The Flats at Leighton District, a 234-unit multifamily property with ground-level retail spaces, located at 4630 Leighton Avenue in Lincoln, Nebraska. Frank Montalto, managing director in IPA’s Chicago office, secured the financing with a national bank on behalf of the...
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CAPREIT Acquires Central LI Senior Living Property
CAPREIT, a fully integrated real estate operating company that owns and manages more than $6 billion of multifamily assets in the U.S., has acquired Broadway West, a senior living community in the central Long Island community of Brentwood, NY. Terms were not disclosed. The community, which features 114 one- and two-bedroom homes, adds to a recent...
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Newmark Arranges $238M Refinancing for Lincoln Square North Office Tower
Newmark has arranged a $238 million refinancing for Lincoln Square North, an office tower in Bellevue, Washington. Newmark Co-President of Global Debt & Structured Finance Jonathan Firestone, Vice Chairman Blake Thompson and Associate Director Jack Condon secured the funding on behalf of owner Kemper Development Company. The refinancing was provided by Blackstone and New York...
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DCHFA Finances Rehabilitation of 178 Apartments in DC
The District of Columbia Housing Finance Agency (DCHFA) issued $40 million in tax-exempt bonds, underwrote $37.5 million in federal and $9.3 million in LIHTC equity for the substantial rehabilitation of 178 apartments at Henson Ridge. Urban Atlantic Development LLC and Capitol Housing Partners LLC, a subsidiary of the DC Housing Authority, are the developersthat will...
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Eastham Capital, Bender Cos. Acquire $24M MF Property in Suburban Chicago
Eastham Capital has acquired The Flats at Gladstone, a 168-unit garden-style community in Glendale Heights, Illinois, within Chicago’s desirable DuPage County submarket. South Florida-based Eastham Capital acquired the community for $24.1 million through its fund, Eastham Capital Fund VII, LP, with its operating partner, Bender Companies. Eastham and Bender have co-invested in 12 projects. “We...
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Hazelview Names Russo and Tsourounis Co-CEOs
Hazelview Investments has appointed Corrado Russo and Michael Tsourounis as Co-CEOs, the company announced Thursday. Their appointments take effect immediately as predecessor Ugo Bizzarri transitions to executive chair. The leadership change follows what the Toronto-based firm described as a deliberate, multi-year succession strategy aimed at ensuring continuity and supporting Hazelview’s next phase of growth. In...
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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