News
Partnership Awarded State Funding to Redevelop Needham Seniors Housing
Affordable Housing and Services Collaborative, Inc. (AHSC) and The Peabody Companies have been awarded funding from the state to redevelop the Linden Street Community in Needham. Built in the 1960s and 1970s and currently comprising 76 studio apartments for lower-income seniors, the Linden Street Community will be completely renovated in two phases to provide larger...
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52-Storey Toronto Tower Will Have Just Three Homes Per Floor
A planned 52-storey Toronto condo tower is being redesigned with just three residences on each floor as its development group makes a sharp move toward larger luxury homes. North Drive has joined Westdale Properties, Originate Developments and Cameron Stephens Equity Capital on 8 Rosehill, near Yonge and St. Clair, bringing its boutique-condo strategy to a...
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HFO Investment Real Estate Closes $27M Sale of Luxury Apartments in Fairview
HFO Investment Real Estate has completed the $27.3 million sale of Fieldstone Luxury Apartments, a 154-unit community at 20650 NE Halsey St. in Fairview, Oregon. Affordable Housing Associates of Irvine, Calif., sold the property to Benedict Canyon Equities of Los Angeles. The transaction closed at a price of $177,272 per unit. The sale price marks...
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Daniel Management Group Lands Mundelein MF Management Assignment
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, announced an extension of our relationship with Hawthorne Management Services (HMS) in Mundelein, Illinois. DMG is awarded Lakeside Village Apartments, a community with 144 newly renovated units. The development is located near Hawthorne Mall and one mile from the METRA...
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Extell Seeks $3.8B Financing for Condos on Former ABC-TV Campus
JPMorgan Chase & Co. is in talks to lead a $3.8-billion financing for Extell Development’s plan to build condominiums on Manhattan’s Upper West Side at a site that formerly housed the headquarters of the ABC television network. Bloomberg News reported that the financing would be among the largest construction loans ever in the U.S. Extell...
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NRP Group Celebrates Grand Opening of Affordable Housing Property in DC
The NRP Group, in partnership with Marshall Heights Community Development Organization, Inc., announced the completion and opening of Emblem Apartments, a 115-unit affordable housing community located in the heart of Washington, D.C.’s NoMa and Union Market neighborhoods. “We call this community ‘Emblem’ for a reason: because it is emblematic of how NRP and our partners...
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IPA Brokers Sale of 50-Acre Bothell Multifamily Asset
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Griffis North Creek, a 524-unit multifamily property in Bothell, Washington. “Griffis North Creek is an institutional-quality asset situated on nearly 50 acres of land in one of the region’s most dynamic employment hubs, a combination that is increasingly difficult to replicate in...
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Austin Developer Greenlit to Build Apartment Units at Former School Site
OHT Partners was recently greenlit by the Austin City Council for a zoning change to build a 435-unit apartment complex on the site of a former Austin school. The site under consideration is where the shuttered Rosedale Elementary is located. The Austin Business Journal reports that currently, the property is owned by the school district. The...
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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