After closing on $400 million in debt and equity financing to build The Nashville EDITION Hotel & Residences, Tidal Real Estate Partners officially broke ground. The forthcoming Nashville development will rise 28 stories in The Gulch neighborhood and comprise 261 hotel rooms and 84 private condominium residences, fully serviced by the hotel. The building is slated to...
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Novare Group sold SkyHouse Buckhead to UBS Realty Investors for $83.4 million. The Atlanta Business Chronicle reports the transaction comes about a decade after the previous owner, Novare, developed the 26-story tower at 3390 Stratford Road NE. Built in 2015, the apartment community has 362 units. The company, along with Batson-Cook Development (BCDC), developed 18 high-rises...
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David Colla will join the Canada Pension Plan Investment Board as a senior managing director and global head of credit investments on April 26. He will be a member of the organization’s senior management team. He succeeds Andrew Edgell, who will remain with CPPIB as a senior advisor after holding senior leadership positions for the...
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Canada’s rental-housing market has come a “critical transition point,” according to a new national report. Liv.rent has released its 2026 Canada Rental Market Trend Report, providing an analysis of rent trends, migration shifts, construction activity and forward-looking supply risks across major Canadian cities. After years of intense competition, the report says, Canada’s rental market entered...
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CBRE arranged the sale of Golden Sands Apartments, a 120‑unit multifamily community at 15930 Nisqualli Rd. in Victorville, to Aspen Real Estate Financial LLC (AREF) in partnership with the Housing Authority of the County of San Bernardino (HACSB) and the California Affordable Housing Agency (CalAHA). The sale price was $21 million. CBRE’s Cray Carlson represented...
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P3 Properties has acquired The Pennington, a 147-unit multifamily community located at 211 Pennington Ave. in Passaic, NJ, from Birch Group for $49 million. The transaction marks a significant expansion of P3’s presence in its home market and reflects the firm’s continued focus on acquiring high-quality, value-add residential opportunities with long-term upside. Cushman & Wakefield’s Northeast...
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Inland Real Estate Investment Corporation announced the completion of more than $120 million in capital raised for the private investment offering, Wheaton Multifamily DST, a Delaware statutory trust sponsored by Inland Private Capital Corporation. The offering has been fully subscribed by investors and is now closed. The DST owns Wheaton 121 Apartments, a multifamily community...
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Berkadia announced the sale of 3121 N. Sheridan Road, a 296-unit residential property located in Chicago’s Lakeview neighborhood. Managing Directors Mike Garbers, Cody Tremper, Dave Fasano, and Ross Sanders of Berkadia Seniors Housing & Healthcare collaborated with Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee to complete...
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