News
Pandemic-Era First-Time Homebuyers Face Highest Mortgage-Arrears Risk
Pandemic-era first-time homebuyers are emerging as the borrower group most likely to fall into mortgage arrears as higher interest rates collide with elevated debt levels, according to the Canada Mortgage and Housing Corporation. Borrowers who bought homes during the pandemic or shortly afterward are particularly vulnerable because many purchased at peak prices, took on large...
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Murphy Development Acquires Land in Idaho for Mixed-Use Project
Murphy Development Company Idaho (MDCI) has acquired two properties totaling 77 acres located in Nampa, Idaho. Murphy Development received approval for a mixed-use master planned community totaling 1,492 multifamily units. The properties were fully entitled in June 2025 for the development and are strategically positioned adjacent to the new Highway 16 Corridor. “These acquisitions position...
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Community Investment Corporation Receives $10M Loan from JPMorganChase
Community Investment Corporation (CIC), a Chicago nonprofit lender, announced a $10 million loan from JPMorganChase. The loan will increase CIC’s in-house lending capacity, enabling the nonprofit to originate more loans for local, small developers focused on affordable housing. “This transformational loan from JPMorganChase is a great vote of confidence in the work that CIC does...
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NewQuest Breaks Ground on $250M Kyle Mixed-Use Development
NewQuest recently began work on Kyle Park, a 101-acre mixed-use project in Kyle. Community Impact reports the development will bring approximately 450,000 square feet of commercial space to the east side of Kyle, with over 20 confirmed tenants. Tenants include: Dick’s Sporting Goods Barnes & Noble HomeGoods Chili’s BJ’s Brewhouse Dave’s Hot Chicken EōS Fitness...
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CBRE Arranges Sale of Vintage Multifamily Property in Indiana
CBRE has arranged the sale of Reserve at William’s Glen, a 268-unit multifamily property in Zionsville, Indiana. Birge & Held purchased the property from Buckingham Companies for an undisclosed amount. CBRE’s Hannah Ott, George Tikijian, Cam Benz and Claire Hassfurther represented the seller in the transaction. “This transaction represented a unique opportunity to facilitate a...
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Sunbelt Pays $62.5M for Buckeye Land, Adds to Extensive Holdings
Sunbelt Investment Holdings (SIHI) was the winning bidder of 272 acres of Arizona State Land in Buckeye. Bidding started at $42 million and was driven up to $62.5 million with Sunbelt coming out on top. Sunbelt also owns two adjacent land sites on the north and south sides of the property, totaling about 375 acres....
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Dallas Hotel Group Replacing St. Germain with $250M Hotel, Condos, Retail
Ivy P3 Group and Horizon Capital Partners are a step closer to building a $250 million hotel development that will include residences, retail and restaurants at 2516 Maple Ave. in Uptown Dallas. Pending approval from the full city council later this month, construction on the high-rise could begin in May 2027 with an opening planned...
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Boomtown Buckeye Adding 901 New Rental Units
The town is booming, and Buckeye shows no signs of slowing down. The population in Buckeye spiked by nearly 80% from 2010 to 2020, growing from about 50,000 residents to 91,500 within that time. The Phoenix Business Journal reports Ward Real Estate & Development is developing a $270 million community called Coyote Crest. The plan...
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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