News
Nordblom Proposes Apartments to Rise on Brookline Parking Lot
A seven-story building with 103 apartments is proposed for a parking lot in Brookline’s Coolidge Corner, but first it’ll need rezoning approval from Town Meeting voters, the Boston Business Journal reported. Developer Nordblom Co. is proposing a project with a mix of unit types between studios and three-bedroom apartments. The site at 26 Pleasant St....
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Wildfire Emergency Rent Caps Extended Through March 29
Rental housing providers in Los Angeles County remain subject to limits on rent increases and restrictions on certain evictions following the vote by the county Board of Supervisors to extend wildfire-related price-gouging protections through March 29. The California Apartment Association warned the board it would oppose the measure absent a definitive phase-out timeline and a...
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Ziegler Closes $633M Financing for NYC’s First CCRC
Specialty investment bank Ziegler has closed on $632,925,000 financing for River’s Edge, reportedly the largest senior living tax-exempt bond transaction to date. River’s Edge is the first contiuing care retirement community project in New York City and will be located on the campus of its sponsor, RiverSpring Living, in the Riverdale section of the Bronx....
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Interra Realty Brokers $12M Sale of Vintage Kenwood Apartment Building
Interra Realty brokered the $11.7 million sale of a 46-unit multifamily building at 4400 S. Drexel Blvd. in Chicago’s Kenwood neighborhood. The sale price equated to $254,347 per unit. Interra Managing Partner Lucas Fryman represented the confidential buyer as well as the undisclosed seller, whom Interra represented during the initial 2020 acquisition. “This deal underscores...
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BWE Secures $20M Loan to Finance Multifamily Development in OR
BWE has secured a $20.57 million participation loan to finance the construction of a 105-unit multifamily community in Medford, Oregon. Chris Dyson, senior vice president, and Libby Davis, senior production analyst, both of BWE’s Birmingham office, originated the financing with a life insurance company on behalf of a developer and operator of multifamily housing across...
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Houston Grain Silo Giving Way to Apartments, Retail
Moody National Development is converting a former grain processing plant into a high-end apartment tower and mixed-use development. The Houston Business Journal reports that the project, dubbed Silo Springs, will be a five-story, 346-unit apartment building on Houston’s west side. Arch-Con Corp. is serving as the general contractor for the project. The development is estimated...
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Preleasing Starts Strong for Student Housing, but Rent Growth Continues Slide
Early preleasing data for the 2026–2027 academic year points to another solid start to the student housing leasing season, Yardi Matrix reported. It reached 52.3% in January 2026, compared to an estimated 45.6% in January 2025. However, the latest Student Housing National Report shows pre-leasing performance varying widely by market. In January, 64 schools in...
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Wood Partners Starts Work on 204-Unit Tomball Apartments
Wood Partners broke ground on Alta Timberline in Tomball, Texas. The 204-unit luxury multifamily community is set to deliver in May 2027. The name Timberline is a nod to the surrounding tall pines, wooded corridors and the semi-rural, green character that distinguishes Tomball from Houston submarkets. The seven three-story buildings will feature a mix of...
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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