News

Sansone Group, Mia Rose Holdings Advance Luxury MF Development in Missouri

Chicago & Midwest + Apartment Buildings

Sansone Group and Mia Rose Holdings announced the advancement of The Preston at City Center, a $55 million, 216-unit multifamily development at 5130 Mexico Road in St. Peters, Missouri, within the St. Louis MSA. The project marks the launch of a new strategic partnership between the two firms. The development will feature a mix of...

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Mixed-Use Housing Project Near Seattle University Advances

Seattle & Northwest + Apartment Buildings

A five-story, 52-unit mixed-use project at 1305 E. Jefferson St. in Seattle’s Squire Park neighborhood has received conditional approval from the city. The development near Seattle University would replace an existing building that will be demolished. The vacant building was previously associated with bars and restaurants. The project includes plans for more than a dozen...

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Save Max Calls RECO’s Disciplinary Action ‘Unwarranted’

Canada + Apartment Buildings

Save Max is fighting the Real Estate Council of Ontario’s disciplinary action against it, calling the regulator’s measures “unwarranted” and denying that any trust funds were misappropriated. In a statement issued by law firm Henein Hutchison Robitaille, the Save Max said Real Estate Council of Ontario (RECO) had taken regulatory action that created “the impression...

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Large Montreal Apartment Complex Comes onto Market

Canada + Apartment Buildings

The La Cité Apartments site, a major multi-family real estate complex near Montreal’s core has been listed for sale. Avison Young and RBC Capital Markets Real Estate Group are co-ordinating the offering of a 100% freehold interest in the three-tower complex, which is located steps from McGill University and adjacent to downtown Montreal. The two...

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Berkadia Negotiates Sale, $69M Financing for Wisconsin Multifamily Properties

Chicago & Midwest + Apartment Buildings

Berkadia announced the sale of Cobblestone Creek and Fountain Ridge, two multifamily properties located in Pleasant Prairie, Wisconsin. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee led the transaction on behalf of the seller. “The significant recent and expanding investments from ULINE, Lilly, Haribo, Microsoft, retail, and...

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Massachusetts Awards Nearly $150M in Tax Credits to Create 1,300-Plus Apartments

Boston & New England + Apartment Buildings

Massachusetts Gov. Maura Healey announced funding from two programs to jumpstart housing production across the state: approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) to help communities transform empty or rundown commercial buildings into new homes, and nearly $140 million in low-income housing tax credits and subsidies through the Affordable Housing Development grant program.  The CCTCI was created in Healey’s Affordable Homes Act, and the inaugural funding round will award CCTCI tax credits...

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Severe Southern Ontario Winter Storm Hampers Canadian Home Sales

Canada + Apartment Buildings

A harsh winter storm in Southern Ontario pushed Canadian home sales sharply downward in January, with activity down significantly compared with a year earlier. The Canadian Real Estate Association (CREA) reported that actual home sales in January 2026 were 16.2% below the same month in 2025. On a month-over-month basis, sales fell 5.8% from December....

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Port Moody Council Wants Anthem to Revise Mixed-Use Project

Canada + Apartment Buildings

Port Moody city council has declined to fast-track Anthem Properties’ proposed high-density rental development in Moody Centre, The Tri-Cities Dispatch reported. Council advanced the rezoning bylaw only through first reading and required design and unit-size revisions before proceeding further. Councillors rejected staff’s recommendation to grant all three readings in one night — a step that...

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