News
Canadian Seniors Housing Market Set for Record Year
Canada’s seniors housing sector is poised for a record year in 2026, driven by accelerating demand, constrained supply and sustained income growth, according to Cushman & Wakefield’s latest Seniors Housing Market Overview report. As a result, the company anticipates that a long-awaited new-construction development cycle will begin this year. Having largely recovered from pandemic-related disruption,...
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Affinius-Led Consortium Taking Veris Residential Private in $3.4B Deal
Veris Residential, Inc., a multifamily REIT headquartered in Jersey City, said Monday it has agreed to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction for $19.00 per share of Veris common stock. The deal represents an implied enterprise value of $3.4 billion. The...
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Greystone Provides $115M Financing for Suburban Chicago Multifamily
Greystone has provided a $115 million Freddie Mac loan to refinance Courtlands on the Park, a 918-unit multifamily apartment community located in Des Plaines, Illinois. The financing was originated by Greystone’s Eric Rosenstock, Senior Managing Director, on behalf of CLK Properties, a repeat client. Built in 1973, Courtlands on the Park in Cook County is...
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Bela Flor Sells Avondale BTR Community for $430K/Unit
Bela Flor Communities sold a build-to-rent community it developed in Avondale in 2025 to LVP Partners Group for $30.1 million in cash, nearly $430,000 a unit. Called Avalon Townhomes, the property was built in 2025 on 5.77 acres at 13025 W. Thomas Road. The Phoenix Business Journal reports Bela Flor bought the vacant parcel from...
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Carter Exchange Offloads 249-Unit Burlington Apartment Community
Grimley Capital paid $48 million for the Retreat at the Park, a 249-unit, garden-style community in Burlington, NC. Carter Exchange was the seller. The Triad Business Journal reports that Carter Exchange purchased the Retreat at the Park in 2020 for $37.78 million from Diamondback Investment Group. The complex was built in 2015 and offers one-bedroom,...
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Madison Capital Group Launches North Carolina Multifamily DST Offering
Madison Capital Group launched MCG Arden NC Multifamily DST, a Delaware statutory trust offering comprised of Madison Long Shoals, a Class A boutique multifamily community located at 10 Calm Water Drive in Asheville. Completed in 2024, Madison Long Shoals consists of 86 residential units. The offering includes a total equity raise of approximately $14 million...
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Related Ross Inks $157M Construction Loan for 98 W. Palm Beach Condos
Related Ross closed a $157 million construction loan for Shorecrest, waterfront condominium residences in West Palm Beach. With construction financing provided by GoldenTree Asset Management, construction is now set to begin on the new waterfront tower. Completion is expected in 2027, and current availability is priced from $3 million. Situated at 1865 North Flagler Drive,...
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HTG Launches $47M Affordable Senior Housing Project in Hollywood, FL
Housing Trust Group (HTG) secured financing and broke ground on Villa Jordana, a new $47 million affordable senior community in Hollywood, Florida. Located at 826 S Dixie Highway, the 96-unit development will provide rental housing to residents age 62 and older. Villa Jordana will serve low-income seniors earning between 33% and 60% of the area median income,...
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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