News

Portland Restorative Housing Project Advances

Seattle & Northwest + Apartment Buildings

Nonprofit Williams & Russell CDC and its development partner, Adre, are set to break ground on 20 affordable townhomes in Portland, Oregon. The townhomes are the first phase of a larger housing development. Construction is set to begin on the townhomes later this week. They are expected to be ready by the first quarter of...

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Connect Seeking Nominees for Canadian Transactions of the Year Awards

Canada + Apartment Buildings

Connect has launched its first-annual Canadian Transactions of the Year Awards, which will recognize quality more than quantity. To nominate a deal, click here. What were the most important Canadian CRE transactions of 2025? Of course, size is important, but what were the most consequential, innovative, impactful deals?  Connect will recognize the 2025 Transactions of the...

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Peakhill Serves as Embedded Advisors on Public Infra Projects

Canada + Apartment Buildings

In this Q&A feature, Michael Grossman, president of Peakhill Project Advisory, and Robin McLernon, vice-president of public-sector projects, explain why the firm has launched a public-sector division to advise clients on major infrastructure projects. McLernon heads the new division. Peakhill Project Advisory recently launched its Public Sector division. What market dynamics or client demand prompted...

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Historic Denver Building Slated for Rent-to-Own Housing

Phoenix & Southwest + Apartment Buildings

Loretto Heights was originally established in 1891 as a school for women. The historic Administration Building at the heart of the Loretto Heights Campus in southwest Denver could become rent-to-own housing under a new plan. The Denver Business Journal reports the goal of the Loretto Heights project is to help families build generational wealth by building equity...

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ThirdEye, Lynd Tasked with Turning Around 10 Distressed Houston Properties

Texas + Apartment Buildings

ThirdEye Partners (TEP), a specialized real estate advisory firm focused on distressed multifamily assets and lender-led workout strategies, has been retained by one of several lenders tied to a financially troubled, 10-property multifamily portfolio in Houston, Texas. TEP will provide the lenders and borrower with an objective, data-driven foundation for restructuring and workout planning. The borrower,...

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Dallas, Austin Rank 1st, 2nd in Multifamily Deliveries

Texas + Apartment Buildings

Dallas-Fort Worth remained in the spotlight as the USA metro with the most apartments coming online, according to Multihousing News. Last year, the market saw 40,666 units delivered across 162 properties, slightly above the 40,497 units completed in 2024 across 157 communities. The Metroplex’s multifamily pipeline is expected to keep expanding into 2026 and beyond,...

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Kushner Acquires 330-Unit Dallas Rental Community

Texas + Apartment Buildings

Kushner Cos. has acquired Eastline Residences, a 330-unit luxury community in Dallas. Convexity Properties sold the asset. Commercial Edge reports Convexity completed the 28-story tower back in 2021 using funds from a $72.3 million construction loan from May 2019. Fifth Third Bank originated the note. On almost 2 acres at 6050 N. Central Expressway, the...

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Kane Realty Starts Work on 332-Unit Raleigh Apartment Project

Atlanta & Southeast + Apartment Buildings

Kane Realty Corporation broke ground on Tributary, the newest residential community within the North Hills Innovation District in Raleigh. Tributary will deliver 332 apartments and 6,000 square feet of ground-level retail situated around a tributary of Big Branch Creek. Construction commenced in January 2026, with delivery expected in spring 2028. The project will include two...

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