News
Judge Orders Mamdani Administration Back to Square One on Pied-a-Terre Tax Rollout
A New York Supreme Court judge on Staten Island ruled on Tuesday that the Mamdani administration must cancel 17,000 notices mailed to homeowners warning them that they faced a second-home surcharge. According to the City Reporter, Judge Wayne Ozzi ordered the Department of Finance to first examine “any and all resources and information available” before...
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Insights from Connect Apartments: Finding Opportunities in Challenges (VIDEO)
At Connect Apartments 2026 in Los Angeles, Connect CRE asked industry leaders where they’re seeing trends, opportunities or challenges in the Western multifamily market. While not downplaying the challenges that have arisen in an uncertain financing environment, these experts highlighted the opportunities that result from paying attention to fundamental operating principles and having a strong...
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Greystone Provides $35M in Freddie Mac Financing for Naperville Multifamily
Greystone has provided a $35.37 million Freddie Mac loan to finance the acquisition of The Ponds of Naperville, a 216-unit multifamily property in Naperville, Illinois. The financing was originated by Eric Rosenstock, Senior Managing Director at Greystone, on behalf of Grand Lifestyles. Built in 1988, The Ponds of Naperville offers a mix of one- and...
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SIREG Liquidity Problems Spill Into Property Operations
Liquidity problems at SIREG Management are spilling into an Ontario rental platform spanning apartment and townhouse properties in 21 communities. SIREG operates alongside The Simple Investor, which says it has more than 1,800 investors and $1.3B in assets under management. Its rental portfolio stretches from Windsor and London to Peterborough, Brockville and North Bay, with...
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KingSett Files 249-Unit Office-To-Rental Conversion At 700 Bay
KingSett Capital is looking to take the residential transformation of Bay and Gerrard one step further — by converting the office building that remained after years of redevelopment around it. A site plan application filed with the City of Toronto proposes 249 purpose-built rental units inside 700 Bay St., a 24-storey, 184,687-SF office and retail...
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Henry S. Miller, Lincoln Reveal Start Date for New Pepper Square
Henry S. Miller and Lincoln Property Co. are partnering on the redevelopment of Pepper Square, a mixed-use project located at the southeast corner of Preston Road and Belt Line Road. The two have agreed to jointly develop the project’s first of three phases. Current plans for the redevelopment include at least 1,050 apartment homes and...
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Rental Condos Debut in N. Miami
Fortune International Group and Blue Road delivered Nexo Residences, a 16-story short-term rental condominium in North Miami Beach. Built by KAST Construction, the development will soon welcome its first owners and guests. Located at 13899 Biscayne Blvd., the 254 units are delivered fully furnished. Studio to three-bedroom floorplans, along with a collection of three- and four-bedroom townhomes, range from...
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PTM Lands $125M Financing for St. Pete Multifamily Community
PTM Partners closed on a $125 million construction loan from GID to finance EDGE Collective II, a 330-unit Class AA multifamily high-rise including 19,000 square feet of retail space in downtown St. Petersburg’s EDGE District. Berkadia arranged the three-year, floating-rate construction loan on behalf of PTM Partners. The financing was arranged by Scott Wadler and...
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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