News
Boardwalk Selling Two Montreal Apartment Buildings for $47M
Boardwalk REIT has finalized the sale of two Montreal-area walk-up apartment buildings in Longueuil and Brossard, Que., for a combined $47 million. The properties — Le Bienville and Jardins Viva — comprise 280 suites and are being sold to a private purchaser, with closing expected in late February. The sale price excludes transaction costs and...
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Moncton Remains Canada’s Most In-Demand Rental Housing Market
Moncton, N.B., remained Canada’s most in-demand rental housing market in the fourth quarter of 2025, according to the latest Canada Renter Interest Report from RentCafe. The report, based on millions of interactions on RentCafe.com during the quarter, shows renter demand remained steady nationwide despite the typical late-year slowdown. Elevated home prices and limited housing supply...
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CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at 5217 W. Adams Blvd. in Los Angeles. The completion comes just three weeks after the company opened Coro, a 168-unit project also in LA’s West Adams neighborhood. The Read derives its name from its location...
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Pathfinder Acquires Low-Density Complex in Off-Market Deal
Newmark arranged the $31.6-million, off-market sale and $18.6-million acquisition financing for San Carlos Village, a 160-unit multifamily community located at 7707-7787 Tommy St. in San Diego. Senior managing director Erik Anderson represented the buyer, Pathfinder Partners, a San Diego-based real estate investment firm. The seller, EFRSCV LLC (heirs of the original developer), was represented by...
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$21M Lincoln Park Refinance Arranged by Essex Capital Markets
Essex Capital Markets, LLC, announced the refinancing of a two-property, 90-unit multifamily portfolio located in Chicago’s Lincoln Park neighborhood on behalf of a longtime ownership group that owns and operates under the name Beal. Through a competitive financing process, Essex Capital Markets arranged a $20.8 million loan with a national banking partner. The financing features...
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Puget Sound Apartment Market’s Fundamentals Remain Stable
Puget Sound’s apartment market is moving off the sidelines as pricing clarity and steadier fundamentals support increased activity, according to a recent report by Kidder Mathews. While performance remains uneven by submarket, 2025 reflected a post-reset environment defined by disciplined underwriting and selective growth. “Across the Puget Sound, the apartment market is settling into a...
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Northmarq Completes $20M Sale of Apartments in Olympia
Northmarq’s Seattle Investment Sales team, led by Joe Kinkopf, Steve Fischer, and Tyler Smith, successfully led the $19.55 million sale of Merritt Manor, an 82-unit midrise apartment community located at 3335 Martin Way E. in Olympia, Washington. Northmarq represented the seller, Fourth Street’s Merritt Manor LLC. The buyer was Merritt Manor LLC. Built in 2020, Merritt...
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JLL Arranges $44M Construction Financing for River North Luxury Multifamily
JLL has arranged $38.1 million senior construction financing and $6.0 million in preferred equity for 310 West Huron, a 149-unit luxury multifamily development project in Chicago, Illinois. JLL worked on behalf of the borrower, a joint venture between Third Coast Real Estate and ZSD, in securing the three-year construction facility through CIBC and preferred equity investment...
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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