News
Bader Picks Up 228-Unit Dallas Apartment Community
After holding onto the property for more than a decade, Minnesota-based Bader Cos. acquired a 228-unit multifamily community in Dallas from GF Properties Group. Multihousing News reports that New York Life Insurance Co. issued a $39 million acquisition loan on behalf of Bader. Completed in 2010, The Arts encompasses one- to three-bedroom units averaging 894...
Learn more
Apartment Investors Face $757B of Loan Maturities
In a rising interest rate environment, apartment owners face $757 billion of loans coming due between 2026 and 2028, the Wall Street Journal reported, citing Mortgage Bankers Association data. Nearly $300 billion of these loans mature in 2026 alone, at borrowing rates that are roughly twice the level of 2021, when many of the loans...
Learn more
Mondev Gets More Selective On Montreal Multifamily Sites As Costs Tighten
Montreal may be building rental housing at a record pace, but Mondev is already becoming far more selective about what it will build next. Jordan Owen, who oversees Mondev projects from acquisition through construction and stabilization, said the company has started about 1,500 units annually in 2025 and 2026. Much of that activity, however, is...
Learn more
Morgan Properties Buys 500-Unit Memphis Rental Asset
A Morgan Properties affiliate bought a 500-unit apartment complex at 9135 Morning Ridge Road for $56.5 million. Independence Realty Trust was the seller. The Memphis Business Journal reports that Independence Realty purchased the property for $29.8 million in 2014. Morgan Properties currently owns two local apartment communities in the Memphis area: Crescent at Wolfchase and...
Learn more
Clear Blue Helming $88M Dickson Affordable Housing Venture
The Clear Blue Company broke ground on Honeywood Dickson, a 228-unit, nine-building affordable housing community located at 841 Cowan Road in Dickson, Tennessee. Located on 16.14 acres, Honeywood Dickson will be reserved for households earning up to 30% of the area median income (AMI), 114 for households earning up to 60% of AMI and 57 for...
Learn more
JLL Arranges JV Equity, Acquisition Debt on Jersey City Multifamily
JLL Capital Markets arranged joint venture equity and acquisition financing for Jasmin Terrace II, a 56-unit, newly built, luxury apartment building in Jersey City. Senior managing directors Thomas R. Didio and Thomas E. Didio Jr., senior director Gerard Quinn, associate Michael Mataras and senior analyst Joseph Gruber worked on behalf of the borrower, Tower Management Service...
Learn more
Devens Site Will Yield 65 Affordable Apartments
MassDevelopment has signed a letter of intent with Metro West Collaborative Development, a nonprofit affordable housing developer, for the sale of a 6.6-acre site at Adams Cir. in Devens. Metro West Collaborative Development intends to build 65 new apartments on the site. The proposal is among the first housing developments made possible by the Mass...
Learn more
High Art Pays $22.3M For 43 Unsold Condos At Toronto’s Line 5
A provincially backed investment fund has made its first move into Toronto’s battered condo market, paying $22.3M for 43 unsold units and shifting them into long-term rentals. High Art Capital acquired the condos at Line 5, the 1,005-unit, two-tower development at 117-127 Broadway Ave. near Yonge and Eglinton, The Globe and Mail reported, citing CoStar’s...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout