News
Development Team Pursuing 376-Unit Tempe Apartment Venture
Widewaters and Trammell Crow are seeking a permit for a 376-unit apartment complex development. The Phoenix Business Journal reports the 12-acre vacant parcel will be on a parking lot adjacent to the 25-acre Emerald City mixed-use project. Among the businesses already within the Emerald City project are IKEA, LifeTime Fitness and White Castle. There will...
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Fairstead Wraps Up $26M Makeover of Houston Rental Community
Fairstead completed a $26 million rehabilitation of Coppertree Village, a 324-unit fully affordable housing community in Houston’s Acres Homes neighborhood. The rehabilitation included significant upgrades to apartment interiors and building exteriors, enhancements to community amenities and security features, and the redevelopment of the property’s outdoor playground. Located at 1415 West Gulf Bank Road, Coppertree Village...
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NMHC Survey Highlights Challenging Environment for Apartment Development
The National Multifamily Housing Council (NMHC) said its Quarterly Survey of Apartment Construction & Development Activity for the third quarter of 2026 points to a challenging development environment characterized by increasing construction costs, economic uncertainty and low rent growth. However, even as fewer projects break ground, builders and developers remain optimistic in their 6-12-month outlook on...
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302-Unit Charlotte Rental Asset Hits the Market
Avison Young has been retained to market Savoy Apartments, a 302-unit, Class A multifamily community located at 650 E. Brooklyn Village Ave. The six-story property also features four ground-floor retail suites. An Avison Young team comprised of James Nelson, Erik Edeen, James Hanson, Steven Peden and Kim Troeller is leading marketing efforts. Savoy Apartments features a...
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JSB Capital Lands $238M Refi on Doral Apartment Community
JSB Capital inked a $238 million refinancing of The Landmark South, a 631-unit, Class A multifamily community in Doral, Florida. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. Aaron Appel, Michael Stepniewski, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Sean Bastian, and Stanley Cayre arranged the floating-rate, interest-only bridge loan from Torchlight Investors. Completed in two phases in 2017 and...
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Legion, SMA Equities Partner on Upper East Side Residential
Legion Investment Group, alongside SMA Equities as co-developer, completed the recapitalization of three parcels on the Upper East Side. Demolition of the existing structures on the site is already underway. “We’re closing on 201 E. 84th St., a corner assemblage that will become a new residential development on the Upper East Side,” said Victor Sigoura, founder...
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At Connect Apartments 2026, Experts See “Generational Buying Opportunities”
Against a backdrop of high interest rates, inflation and the conflict in Iran, the “tale of two markets” scenario that began in the post-pandemic office sector now encompasses multifamily, Trepp’s Lonnie Hendry told the audience at Connect Apartments 2026 in Los Angeles. Not only is the have/have-not dichotomy market-specific, he added, “you could have two...
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First Phase of Jersey City Multifamily Secures $310M Financing
Newmark has arranged a $310-million construction loan on behalf of Namdar Group for 555 Summit Ave., an 873-unit multifamily development in Jersey City. The property represents the first phase of a planned two-tower development totaling 1,542 units across 555 and 547 Summit Ave. The financing was provided by TYKO. Co-head of Global Debt & Structured...
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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