News
Orlando Apartment Investors Can Expect 9% Vacancy Rates Through 2026
Fundamentals regarding the Orlando apartment sector remain strong for investors and developers. In-migration is spurring demand, and absorption rates are keeping up, according to a recent Northmarq survey. Orlando fundamentals remain mixed as new supply expands, but strong population growth of 12.7% over five years has supported roughly 8,000 units of net absorption over the...
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Former Aurora Stables Converting to Affordable Apartments
Grovewood Community Development is set to transform a 4.79-acre infill site that was formerly home to the historic Aurora Horse Boarding Stables into affordable housing. The $66 million project will include 134 affordable housing units — one-, two-, and three-bedroom — on a site successfully rezoned from R1 to R4 in 2024 and located within...
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Crescent Building 21-Story Buckhead Office Tower, Apartments
Crescent Communities, alongside the Church at Wieuca, is building 3600 Peachtree, a mixed-use development positioned at the apex of Peachtree Road in the heart of Buckhead. The office tower will go up at the corner of Peachtree and Wieuca Roads adjacent to Phipps Plaza and Lenox Square. The development plans call for a 375,000-square-foot, 21-story...
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Don’t Count on “Inherited Homes” to Boost Housing Supply
Matt Delventhal The Great Financial Crisis led to a plethora of vacant single-family homes. It also meant a cut-off in new home supply, especially for entry-level homes. While more homes have come to the market in recent years, there remains a lack of supply. According to Cotality, analysts have hoped that aging Baby Boomers would...
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Hackensack Luxury Rentals Refinanced for $96M
CBRE secured $96 million in financing for Prospect Place, a 360-unit, two-building luxury residential complex located at 300-310 Prospect Ave. in Hackensack, NJ. The refinancing was provided through a Freddie Mac loan. The CBRE Capital Markets team of Judah Hammer, Jason Gaccione, Shawn Rosenthal, Jake Salkovitz and Lauren Weinstein arranged the financing on behalf of...
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People and Companies News for Week Ending February 6
Carbon Upcycling has hired Markus Kritzler to lead the Calgary-based company’s expansion across North America and Europe. Kritzler joined the firm in 2025 as chief revenue officer. Carbon Upcycling develops recycled-cement manufacturing plants that develop products for use in construction. Connor Teskey has been appointed CEO of alternative-investment giant Brookfield Asset Management. He succeeds Bruce...
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Waterton Adds San Jose Apartments to Bay Area Portfolio
(Updated with additional information) Waterton, a national real estate investor and operator, has acquired Misora, a 212-unit mid-rise apartment community located at 388 Santana Row in San Jose. Separately, Federal Realty Investment Trust said it was the seller and that the sale price was $148.5 million. Waterton will institute a broad value-add program to upgrade...
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Northmarq Sale Illustrates Demand for Southern New Hampshire Multifamily
Northmarq’s Multifamily Investment Sales team led by Brett Curtis, Chris Doerr, Alix Curtin and Chris Norton, in collaboration with its Boston Debt + Equity team led by Kevin Sykes, Jeffrey Munoz and Ed Riekstins, completed the $24.05-million sale and $17.745-million acquisition financing of The Meridian at Bedford, an 85-unit apartment community located at 66 Hawthorne Ave. in Bedford, NH. The Northmarq team represented the seller, a private investor...
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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