News
Laurentian Bank Shareholders Approve Takeover By Fairstone
Laurentian Bank shareholders have approved its proposed $1.9-billion acquisition by Fairstone Bank of Canada. Laurentian Bank of Canada announced that shareholders voted in favour of a special resolution at a special meeting, approving the previously announced proposed transaction. Under the terms of the agreement, Fairstone will acquire all of Laurentian’s issued and outstanding common shares...
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Northcrest Making Considerable Progress on YZD Project
Northcrest Developments is making significant early progress on its massive $30-billion redevelopment of the former Downsview Airport lands in the Greater Toronto Area, says the company. Northcrest has released its first progress report, Responsible Development in Action (2020–2025), detailing early achievements at the property now known as YZD. The 370-acre parcel ranks as the largest...
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Affinius Loan Will Finance Completion of Murray Hill Apartments
Affinius Capital LLC closed on a $115-million loan to refinance 162 E. 36th St., a 22-story, Class A multifamily project in Manhattan’s Murray Hill neighborhood. The loan was made to Ranco Capital and the Gilardian Family, and the proceeds will be used to complete the remaining construction and stabilize occupancy. The financing was arranged by Henry Bodek of...
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New Owners Unveil Rebranded San Jose Condo Towers
Machine Investment Group and Centurion Real Estate Partners have unveiled the reimagined and rebranded 188 West Saint James, their two-tower residential development in downtown San Jose. After acquiring the property in mid-2025, 188 West Saint James’ new ownership group began investing in capital improvements and operations. Located adjacent to San Pedro Square, the dual residential towers with 640 residences now...
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Hudson Valley Property Group Expands Affordable Platform into Boston
Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, acquired Boston Bay and Hope Bay, two adjacent affordable housing properties comprising 133 family units located in the Dorchester neighborhood of Boston. The acquisition marks HVPG’s entry into the Massachusetts affordable housing market and expands its footprint across New England. The properties, located at 205 Magnolia...
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Edgewater Apartments Sell as Part of Larger Portfolio Deal
Chicago-based multifamily brokerage firm Essex Realty Group completed the sale of a 42-unit apartment building located at 5710 N. Winthrop Avenue, in the heart of Chicago’s Edgewater neighborhood. The transaction led by Essex Realty Group Principals Steven Livaditis and Matt Feo, along with Managing Director Rick Ofman, represented the final disposition of a multi-property portfolio....
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McLean Apartment Towers Sell in Deal Brokered by Berkadia
Berkadia has completed the sale of Kingston at McLean Crossing, a 2018-built, 319-unit multifamily apartment community located in the McLean submarket of Northern Virginia. Senior Managing Director Brian Crivella, Managing Directors Yalda Ghamarian and Bill Gribbin, and Associate Director Jack Canepa of Berkadia DC Metro completed the transaction on behalf of the seller, LCOR and...
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Newmark Secures $64M in Financing for DC Residential Conversion
Newmark has arranged $64 million in permanent financing for Elle, a newly reimagined high-rise residential development located in Washington, D.C.’s Golden Triangle. Newmark Vice Chairman Brian Kochan, Director John Chobanian and Associate Ned Engelbride represented property owner Willco in the transaction. Formerly the Peace Corps headquarters, the 11-story property has been transformed into a residential...
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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