News
Report: Residential Construction Driving Seattle Development Activity
Construction and investment activity continue to reshape downtown Seattle, with the urban core maintaining its position as the city’s primary residential hub and a key driver of economic recovery, according to the Downtown Seattle Association’s 2025 Year-End Development Guide. The report, presented by Mortenson, highlights that nearly 8,500 residential units were under construction citywide at...
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Free-Market Buildings Led NYC Apartment Sales in 2025
New York City’s multifamily market in 2025 saw the number of sale transactions climb 4% year-over-year to 1,188 trades while total dollar volume eased slightly to $8.91 billion, down from $9.1 billion in 2024, according to Ariel Property Advisors’ Multifamily Year In Review New York City 2025. Free market buildings led multifamily sales citywide last year, accounting...
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Penzance Expands MF Portfolio with $200M in Acquisitions
Penzance has acquired approximately $200 million in multifamily and residential assets totaling 1,100 units and over 1.2 million square feet during the fourth quarter of 2025, significantly expanding its footprint across Virginia and the Carolinas. The acquisitions include stabilized communities purchased well below replacement value, along with a build-to-rent development, deploying capital across a range...
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Roanoke Lands First Sr. Independent Living Facility
Work on Roanoke’s first independent living facility got underway at Oak Street and Dorman Road. The $81 million project, called Watermere on Oak, will feature 208 units that include a fitness center, meal options and housekeeping. The development will focus on independent living, assisted living, short-term care, and memory care. Integrated Real Estate Group, the...
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OHT Launching 400-Unit Austin Multifamily Community
OHT Partners is building a 400-unit apartment project in East Austin. The project construction should wrap up in 2028. The seven-story building will be at 2730 E. Seventh St. Community Impact reports that, of the project’s 400 units, 37 will be reserved for residents making up to 50% of the local median family income (MFI)....
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Garrett Secures Land for 368-Unit Centennial Apartment Venture
The Garrett Cos. bought three parcels of property for $22.7 million in Centennial for a 368-unit apartment complex. The site at 6901 S. Havana St., in Centennial, was home to a 130,000-square-foot office building that will be demolished (shown). The proposed Garrett Centennial Apartments project includes 14 buildings situated on nearly 19 acres. A health...
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Related Group Greenlit for $202M Southbank Rental Community
Related Group has received a green light from Jacksonville city staff to build a $202 million apartment project along the Southbank. The 25-story riverfront tower will have a ground-floor restaurant, and a 1,000-square-foot ship’s store to service a 29-slip marina and boat ramp that the city will finance. The development will have 390 units and...
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Housing Starts Rose 6% in Large Markets in 2025
Housing starts in Canada’s large population centres rose 25% year over year in December and finished 2025 up 6% compared with 2024, according to new data from Canada Mortgage and Housing Corporation (CMHC). Actual housing starts increased to 241,171 in 2025 from 227,697 in 2024. Large markets are defined as those with populations of 10,000...
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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