News
Lewisville Working with Developers on Town Mall Revamp
Hankook Property Management, a partial owner of The Vista, a struggling mall in Lewisville, is working on a redevelopment plan. The company acquired the interior portion, including the theater and former JCPenney, in 2022. The City of Lewisville has been actively facilitating discussions between current property owners and potential developers interested in redeveloping the Vista Mall...
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CBRE Arranges $53M Sale of Townhome Community in Lacey
CBRE has arranged the $53 million sale of Chambers Reserve, a 125-unit townhome community in Lacey. CBRE’s Jordan Louie, Eli Hanacek, Kyle Yamamoto and Natalie Kasper represented the seller in the transaction. “Chambers Reserve offered investors a unique opportunity to acquire a newly constructed built-to-rent community in the growing Puget Sound region,” said Louie. “The...
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U.S. Apartment Rents Slip Downward in September; Annual Growth Gains Traction
U.S. apartment rents were slightly negative in September 2026, with the national average falling -0.08% to $1,752 from August’s upwardly revised $1,753, CoStar Group’s Apartments.com reported. The slight decline ended nine consecutive months of positive to flat rent increases following a period of flat to declining monthly performance in the second half of 2025 and...
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Empire Group Starts Work on $288M Tempe Apartment Community
One of the Empire group of companies broke ground Monday on Revelry, a two-tower, $288 million luxury project in Tempe. Aspirant Development, the luxury infill division of Empire Group, is building a 15-story tower and a 17-story tower on the site. Mavik provided $299 million in financing for the 533-unit Class A high-rise community. Malcolm Davies,...
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Long Island City Redevelopment Site Trades to Queens Developer
Marcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million. “The depth of the buyer pool in Long Island City is as strong as we have seen it,” said Sean Fopeano in Marcus & Millichap’s New York City office. “Developers remain...
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Affirmed Housing Breaks Ground on Affordable TOD in La Mesa
The San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding partnership. Located at the Spring Street Transit Center in La Mesa, the nearly $116-million development will provide 145 affordable homes and two manager units with convenient access...
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San Ramon Apartments Fetch $78M After 15-Year Hold
Berkadia has completed the $78-million sale of Bridges at San Ramon, a 200-unit multifamily community located in San Ramon. The transaction equated to $390,000 per unit. Senior managing director Jason Parr, managing director Scott MacDonald, associate Sydney Ladrech and director John Hansen of Berkadia San Francisco arranged the sale on behalf of the seller. “Bridges...
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Forest Hill Condo Site Reworked Into 230-Unit Rental Tower
Stafford and DBS Developments are recasting a Forest Hill site previously marketed as an ultra-luxury condominium into a 27-storey purpose-built rental development with more than 230 units. The project at 429 Walmer Rd., just north of St. Clair Avenue West, represents a substantial change from Stafford’s earlier plans for the property. The developer launched sales...
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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