News
Starlight Fund Close Enables Acquisition of 10,000 Rental Suites
Starlight Investments has closed its fourth Canadian Residential Growth Fund, enabling the acquisition of approximately 10,000 rental suites across major markets nationwide. The firm announced the successful closing of Starlight Canadian Residential Growth Fund IV, the latest in its flagship Growth Fund series focused on Canadian multi-family real estate. The fund drew significant equity commitments...
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JV Secures $283M Refi on Upper West Side Apartments
The Dermot Company, a vertically integrated multifamily investment manager, owner, and operator, and joint venture partner Affinius Capital LLC have secured a loan to refinance 101 West End Ave., a 35-story, 502-unit apartment community on Manhattan’s Upper West Side. The $283-million loan was provided by Freddie Mac and arranged by Walker & Dunlop Capital Markets Institutional Advisory. The refinancing...
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Arrow Real Estate Advisors Arranges $53M Refinance for Illinois MF
Arrow Real Estate Advisors has arranged a $53 million balance sheet refinance for The Grove Phase I, a newly delivered 162-unit luxury multifamily property located at 8001 W. Belmont Avenue, River Grove, Illinois. The transaction was led by Morris Betesh, Founder and Managing Partner, Omar Ferreira, Senior Vice President, and Jacob Petrovic, Associate, of Arrow...
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JPI Acquires Site for 189-Unit Uptown Apartment Development
JPI, a developer of multifamily communities, announced the acquisition of a development site at 400 4th Ave. W in Seattle, Washington. JPI, in partnership with Stream Real Estate LLC, plans to build a 10-story, 189-unit Class A community in the heart of the Uptown Neighborhood in Seattle. The project aims to provide larger, family-sized housing,...
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Bridge Tower to Develop 179 DFW Build-to-Rent Homes
Bridge Tower acquired 14 acres to develop The Enclave at Fate Village, a 179-home luxury build-to-rent townhome community situated at 1290 Memorial Parkway in Fate, Texas. The development is slated to break ground in the coming weeks, with the first homes anticipated to be available for move-in in the first quarter of 2027. Designed around...
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Tredway Takes on 16 Texas Rental Communities
Tredway closed on a $65.5 million 16-property portfolio across Texas, totaling more than 1,200 apartments. The transaction involves the acquisition and recapitalization of existing properties to preserve and extend long-term affordability for all residents. The properties are distributed throughout Texas. Located in Alamo, Amarillo, Brownsville, Copperas Cove, El Paso, Fort Worth, Lampasas, Lubbock, Odessa, San...
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StoneHawk Inks $56M Construction Loan for Garland Apartments
Dwight Capital financed a $56 million HUD 221(d)(4) new construction loan for StoneHawk Rosehill, a planned 269-unit apartment community in Garland, TX. Situated on over seven acres, the property will consist of one- and two-bedroom residences, with approximately 51% of the units designated as income- and rent-restricted and the remaining units offered at market rates. StoneHawk...
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Bank of Canada Holds Key Interest Rate at 2.25% Again
The Bank of Canada held its key overnight lending rate at 2.25% on Wednesday amid uncertainty surrounding the war in the Middle East and U.S. tariffs. The central bank held its key overnight lending rate for the third-straight time following a series of reductions. “We fully expected the Bank of Canada would hold the overnight...
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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