News
Healthpeak Pays $240M for Two Atlanta-Area Sr. Living Assets
Healthpeak Properties acquired two Cobb County senior living facilities for a combined price of $240 million. The properties are expected to be transferred to the portfolio of Janus Living, a real estate investment trust that was spun off from Healthpeak. The sellers of the Atlanta-area properties to the Healthpeak affiliate were West Cobb Senior Living LLC...
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Affinius Lends $300M to Refinance Downtown Brooklyn Apartments
Affinius Capital LLC closed on a $300-million loan to refinance 102 Fleet, a Class A, 495-unit, 30-story multifamily project with 3,700 square feet of ground-floor retail space located in Brooklyn. The loan was made to The Jay Group and proceeds will be utilized to complete the remaining construction and lease the property to stabilization. “102 Fleet, with premier...
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United Properties Breaks Ground on Seniors Housing Project in Minnesota
United Properties has broken ground on Amira Corcoran, a new 143-unit, 55-plus active adult rental community located at 7330 Brockton Lane N. in Corcoran, Minnesota. The four-story development expands the Amira senior living portfolio in the northwest Twin Cities metro. Project partners include architect Momentum Design Group, general contractor Eagle Building Company and property manager...
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CBRE Arranges Sale of 372-Unit Indianapolis Multifamily Property
CBRE has arranged the sale of Deercross, a 372-unit multifamily property in Indianapolis. Iconic Property Partners purchased the property from an affiliate of Wilkinson Corporation for an undisclosed amount. CBRE’s Hannah Ott, George Tikijian, Cam Benz and Claire Hassfurther represented the seller in the transaction. Deercross is located at 7007 Deer Path Drive, minutes northwest...
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Bellevue Developer Acquires Former Selig Property
Norwestern LLC, a Bellevue development company, has purchased a building at 3031 Western Avenue for $5.3 million, with plans to build a 13-story, 120-unit luxury apartment building at the property next to Seattle’s Olympic Sculpture Park. Cushman & Wakefield’s Tim McKay, Byron Rosen, Dan Chhan, Jacob Odegard, Matt Kemper and Dylan Roeter brokered the deal....
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IMG Completes $16M Sale of Tacoma Multifamily Asset
Investors Management Group, Inc. (IMG) announced the sale of Valley Vista Apartments, a 108-unit multifamily community located at 6830 Tacoma Mall Boulevard in Tacoma, for $15.85 million. IMG acquired Valley Vista in October 2016 for $11.4 million, targeting the 1986-vintage property as a value-add opportunity. The investment strategy focused on driving upside through upgrades to units...
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Minto’s Calloway Seeks to Expand Data-Sharing in Multi-Family Sector
Canada’s apartment sector needs to engage in more data-sharing activities, says a leading multi-family property specialist. Michelle Calloway, senior vice-president of operations at Minto Group, told Connect that more data sharing will benefit individual companies, their employees and the industry as a whole “I think a lot of people are fearful to have a wrong...
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MTA Issues RFP for 300-Unit Crown Heights Development Site
The Metropolitan Transportation Authority (MTA) has issued a request for proposals to transform an underutilized MTA-owned lot into a residential development with approximately 300 new housing units in the Crown Heights neighborhood of Brooklyn. The development would be an outgrowth of 2025’s Atlantic Avenue Mixed-Use District rezoning. The offering includes both the lot, at 1119...
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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