News
Mattamy’s First Modular Community Moves Ahead In Mississauga
Mattamy Homes’ first modular condominium community has taken its next step through Mississauga’s approvals process, with the 141-unit proposal going before the city’s Planning and Development Committee. The project at 6344 Ninth Line calls for three six-storey buildings totalling 161,306 SF. More notable than the scale is the construction model Mattamy plans to use. The...
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Pierce County to Fund Five Affordable Housing Projects Across the Region
Pierce County Human Services is investing $11.4 million to fund five affordable housing projects across the region, adding and preserving 220 affordable homes. The new funding pushes the total supported by the Maureen Howard Affordable Housing Act to 1,545 affordable homes built or preserved since the County began collecting the one-tenth of 1% local sales...
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PXV Multifamily Acquires 196-Unit Virginia Apartment Community
PXV Multifamily, in joint venture with funds managed by Intercontinental Real Estate Corporation, has acquired Indigo 19, a 196-unit apartment community in Virginia Beach, Virginia, marking its second investment in the past 60 days. Located at 1940 Pavilion Drive, Indigo 19 is a mid-rise apartment community in Virginia Beach’s Oceanfront submarket. Built in 2013,...
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Empire Lands $65.5M Refi on Phoenix BTR Community
Värde Partners closed on a $65.5 million loan to refinance Village at Sonoran Vista, a newly delivered build-to-rent community in Phoenix, Arizona. The financing was provided to the Empire Group to support the lease-up of the 240-unit community of single-family rental homes, which was completed in January 2026. The floating-rate loan, has a three-year initial term...
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Related Affiliate Obtains $167M Loan Package for Miami Apartment Community
Related Urban Development Group (RUDG), part of The Related Group, inked a $167 million financing package for the Gallery at Lummus Parc. Greystone provided the financing. The Greystone team included Greg Voyentzie and Jay Reed of Greystone Real Estate Capital (GREC), Jason Kaye of Greystone Housing Impact Investors LP (GHI), and Jeff Englund and Pharrah...
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Arrow Linen Site in Park Slope Sells for Residential Development
JLL Capital Markets arranged the $55-million sale of 441–467 Prospect Ave., a residential development site in Brooklyn’s Park Slope neighborhood. The team of Mike Mazzara, Ethan Stanton and Brendan Maddigan represented Arrow Linen Supply Company in the sale and negotiated directly with the buyer, Goose Property Management. The site occupies two lots on the north...
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Family Office Acquires Fresno Apartments from Long-Term Owner
Northmarq’s Fresno Investment Sales team, led by Robin Kane and Brendan Kane, brokered the $2.23-million sale of 1550 W Swift Ave., an 18-unit multifamily property located at 1550 W. Swift Ave. in Fresno. The Northmarq team represented the seller, a Colorado-based family office. The buyer was a local family office. “This was an asset held by...
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Pennrose Breaks Ground on Lenox Affordable Project
Pennrose broke ground on 238 Pittsfield Rd. a 68-unit affordable rental community in Lenox, MA. The community will consist of 10 residential buildings offering a mix of 23 one-bedroom, 38 two-bedroom, and seven three-bedroom apartments. Of the 68 total homes, 57 will be affordable for households earning from 30% of the Area Median Income (AMI)...
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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