News
Nauset Completes Makeover of Circa-1949 Brookline Apartments
Nauset Construction recently completed the extensive renovation of Forte at 1440 Beacon, a 136-unit luxury apartment community owned and operated by Wingate Multifamily, LLC, an affiliate of Wingate Companies, and situated in Brookline’s Coolidge Corner neighborhood. The renovation encompassed comprehensive upgrades to the lobby, common areas, exterior, and MEP systems, breathing new life into the property originally...
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Enterprise Community Development Closes Financing for MD Housing Project
Enterprise Community Development has closed construction financing for Riverwoods at North East II, a 9% Low-Income Housing Tax Credit (LIHTC) development that will deliver 48 affordable apartment homes in Cecil County. The financing closing enables construction to begin on the second phase of the Riverwoods community, advancing long-term investment in affordable housing through a public-private...
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Anthem Acquires 146-Acre Land Parcel for Planned Community
Anthem Properties has acquired a 146-acre parcel of land in north-central Calgary plans to develop a standalone community. The investment represents Anthem’s first land position in the fast-growing north-central area of the city. Anthem said the planned community is expected to complement many top-selling master-planned communities in the corridor, including Livingston, Carrington and Lewiston. The...
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64-Unit Uptown Apartment Building Changes Hands
Essex Realty Group has completed the sale of 930 W. Winona St., a 64-unit multifamily property located in Chicago’s Uptown neighborhood. The apartment building consists of 46 one-bedroom and 18 studio apartments, along with 35 parking spaces. The property has been diligently maintained by hands-on ownership. Additionally, the property benefits from a remaining Class 9...
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Legacy Partners, Silverpeak Close $24M Loan for WA Residential Project
Legacy Partners, together with its joint venture partner Silverpeak Real Estate Partners, announced the development of Ravine Ridge, a 138-residence garden-style apartment community in Port Orchard, Washington. Legacy and Silverpeak closed on the undeveloped site with a $24.28 million construction loan from PNC Bank. Construction on the site is underway. “This was a complex closing...
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Mission Developing 300 Apartment Units on San Antonio’s Busy South Side
Mission Development Group and CLX Ventures have started construction on Aspire at Vida, a 300-unit apartment community located on Jaguar Boulevard across from the Texas A&M-San Antonio campus. The project will include four 3-story buildings on 12 acres within the 600-acre Vida master-planned community developed by Southstar. Plans call for one-, two- and three-bedroom units....
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Morguard to Invest $1B in TDAM Multi-Res Portfolio
Morguard Corporation and Morguard North American Residential REIT have agreed to invest $1 billion in a Canadian multi-suite residential portfolio owned by TD Asset Management. Upon closing, the acquisition will give Morguard an approximate 20% interest in the $5-billion portfolio. The companies said the investment covers 106 properties comprising more than 15,500 suites in major...
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19-Story Jacksonville Office Tower Trades for $1 Million
The 19-story building that cost $100 million to build in 1963 and would become JEA’s headquarters, sold for $1 million. A group led by Live Oak Contracting purchased the building, knowing it needs a lot of work. The company has redevelopment plans that include a mixed-use project with 180 residential units, rooftop amenities, office space,...
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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