News
Winnipeg’s Dawson Crossing to provide up to 3,000 homes
A new large-scale retail and residential development project in Winnipeg is slated to deliver up to 3,000 housing units as part of a major mixed-use project in the city’s southeast. Avison Young announced that Dawson Crossing is now under construction along Fermor Avenue, a stretch of the Trans-Canada Highway, where it will serve as a...
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Queen Anne Midrise Apartments Secure $15M Refinance
Gantry has secured a $14.8 million permanent loan to refinance maturing debt for the Latitude Queen Anne apartments located at 500 3rd Ave W in Seattle’s Queen Anne neighborhood. The mid-rise apartment building offers 76 units in a mix of one- and two-bedroom floor plans. The highly amenitized property features a rooftop deck and is...
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JLL Facilitates $88M Construction Loan for Seattle MF Development
JLL helped facilitate the financing of Leeway, a 360-unit multifamily development project in Shoreline, Washington. JLL supported the borrower, Evergreen Point Group, in securing a construction loan with a regional bank. JLL Capital Market’s Debt Advisory team was led by Director Steve Petrie, Senior Director Seth Heikkila, Senior Managing Director Tom Wilson and Associate Jake...
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Interra Realty Brokers $11M Sale of Chicago Apartment Building
Interra Realty brokered the $10.5 million sale of Logan Station, a 24-unit multifamily building at 2504-16 N. Willetts Court in Chicago’s Logan Square neighborhood. The transaction equated to $437,500 per unit. Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the confidential seller and also procured the buyer, Breneman Capital. Logan Station was...
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Mamdani Launches Program to Fast-Track Affordable Development
New York City Mayor Zohran Kwame Mamdani on Wednesday announced the new Neighborhood Builders Fast Track, an expedited process to speed the delivery of affordable housing on city-owned land. With Neighborhood Builders, the city’s Department of Housing Preservation and Development (HPD) will pre-qualify affordable housing builders and shorten the pre-development Request for Proposals process by...
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De La Vega Moving Ahead on The Central’s Next Phase
De La Vega Development is making progress on The Central, a 27-acre mixed-use district planned between SMU and Downtown Dallas. The Dallas Business Journal reports the company is gearing up to go vertical on a 400-unit apartment tower, a health and wellness club, and a Marriott-branded hotel. The Central will also have three restaurants. The...
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Developer Team Delivers Austin Affordable Housing Community
Housing Trust Group along with AM Affordable Housing, completed Red Oaks, a new 70-unit, $26 million affordable housing community in the Anderson Mill neighborhood of Northwest Austin. Apartments at Red Oaks will be reserved for renter families earning 30%, 50% and 60% of local area median income (AMI). Rents range from $702 for a studio...
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Ascentris-Led Team Completes Doral Redevelopment Project
Ascentris, in partnership with Highline Real Estate Capital and Square2 Capital, completed a multi-phase repositioning of Westside Plaza, a three-building office campus in Doral totaling 382,637 square feet, resulting in the sale of Westside Plaza I and III, a stabilized office portfolio, and the redevelopment of Westside Plaza II into a 380-unit multifamily rental community in partnership...
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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