News
JEMB’s Herald Towers Secures NYC’s First Multifamily C-PACE Financing
North Bridge ESG LLC, a leading provider of real estate credit solutions, closed on $8.5 million in C-PACE financing to support infrastructure upgrades at Herald Towers, a three-tower apartment complex located at 50 W. 34th St. in Midtown Manhattan. The transaction reportedly marks the first multifamily C-PACE deal completed in New York City. JEMB Realty,...
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Fairfax to Acquire Majority Economic Interest in KW Holdings
Fairfax Financial Holdings has agreed to invest up to US$1.65 billion in the acquisition of U.S. giant Kennedy Wilson Holdings. Toronto-based Fairfax is participating in the take-private acquisition as part of a consortium led by an entity affiliated with KW’s senior company management. Fairfax’s proposed investment of up to US$1.65 billion would cover the full...
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JLL Arranges $83M Financing for Elizabeth Luxury Apartments
JLL Capital Markets secured a $63.2-million construction financing from Bank OZK and $20.15-million mezzanine placement from PGIM for ECCO, a 258-unit luxury multifamily development in Elizabeth, Union County, NJ. ECCO represents phase 2 of the broader Vintage City Development, a nationally recognized redevelopment that received NAIOP’s Mixed-Use Deal of the Year Award in 2025. Located at 250...
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Mill Creek Breaks Ground on Allston Apartments
Mill Creek Residential said Wednesday it has broken ground on Modera Allston, a contemporary midrise community in Boston’s Lower Allston neighborhood. Located at 250 Everett St., Modera Allston will feature 240 units. First move-ins are anticipated for early 2028. “The Allston neighborhood has experienced exciting growth and continues to be a sought-after living destination,” said Tim...
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Sales Launch on Whole-Ownership Residences at Healdsburg Luxury Hotel
Sales launched Wednesday for 12 branded, whole-ownership residences within Alyvia Healdsburg, a forthcoming 53-room luxury hotel by Replay Destinations and Mayacama Hospitality Group, at the gateway to downtown Healdsburg. The residences are scheduled to break ground this spring and open in mid-2028. “Alyvia Healdsburg writes the next chapter for Mill District and underscores our long-term commitment to completing the masterplan,” said Mike McCone,...
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Altus Group Selling Appraisals Business to Newmark
Altus Group has agreed to sell its Canadian appraisals business to an affiliate of Newmark for an undisclosed price. The transaction is expected to close on or about March 1, subject to customary closing conditions. Toronto-based Altus said its Canadian appraisals business will become part of Newmark’s valuation and advisory offering. In addition, Newmark has...
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Associated Bank Completes $55M Construction Loan for Illinois MXU Project
Associated Bank has completed a $55 million construction loan to the Marquette Companies for The Union Villa Park, a mixed-use project in Villa Park, Illinois, 20 minutes west of downtown Chicago. Associated Bank and Wintrust Financial were joint Lead Arrangers, with each financing one-half of the total loan amount. The Union will offer luxury studio,...
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JLL Facilitates Trade of Twin Cities Apartment Complex
JLL has arranged the sale of Lyra at Riverdale Station, a luxury 180-unit multifamily community in the Twin Cities’ north suburbs of Coon Rapids, Minnesota. JLL represented the seller in the transaction and procured the buyer, MLG Capital. Acquisition financing was secured by assuming the property’s existing HUD loan, which was placed and is serviced by...
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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