News
Greystar Acquires Site for Needham Rentals Under MBTA Communities Law
Greystar has paid $40 million for the long-vacant Carter property at 100-110 West St. in Needham, MA and has secured $69.5 million in construction financing. The developer plans a 189-unit apartment property in what will be one of the first large projects in the Boston area to be permitted for construction under the state’s MBTA Communities...
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Berkadia Arranges $10M Refinancing of Newly Built DC Apartments
Berkadia has arranged a $9.5 million refinancing for Bonsai Apartments, a newly constructed, 41-unit boutique multifamily community located in Washington, D.C.’s H Street Corridor. Senior Managing Director Mitch Sinberg, and Managing Directors Matt Robbins, Scott Wadler and Brad Williamson of Berkadia Boca Raton and Miami, alongside Managing Director Brian Gould of Berkadia DC Metro, arranged...
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RECO Restructuring Plan, Hires Draw Criticism from Industry
The scandal-plagued Real Estate Council of Ontario’s newly announced restructuring plan and executive hires have drawn criticism from real estate industry leaders, despite the regulator framing the changes as necessary to rebuild trust. RECO said the overhaul includes eight “ambitious transformation initiatives” for 2026, a new corporate structure and a new executive team, all unveiled...
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Marcus & Millichap Closes Suburban Chicago MF Sale for $25M
Marcus & Millichap completed the sale of Mallard Point Apartments, a 173-unit multifamily asset in Channahon, Illinois. The property sold for $24.62 million, which equates to $142,341 per unit. “The closing followed a highly competitive marketing process that generated more than 30 offers,” said Scott Harris, senior managing director of investments in Marcus & Millichap’s...
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Naftali Credit, Madison Realty Capital Close on $125M Loan for Queens Condo Project
Naftali Credit Partners, a subsidiary of Naftali Group, and Madison Realty Capital (MRC) have closed on a $125- million loan, marking the ninth deal of Naftali Credit Partners’ second opportunistic debt fund. The loan went to RJ Capital Holdings for 70-28 Grand Central Pkwy., a 241-unit residential condominium development in Queens’ Forest Hills neighborhood. Consisting of a senior loan from Madison and...
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Apartment Rents Grew in December 2025, Snapping Five-Month Losing Streak
U.S. apartment rents grew in December, with the national average increasing to $1,708, a +0.1% increase from November’s upwardly revised figure of $1,707, CoStar Group’s Apartments.com reported Friday. The uptick marks a reversal of the previous five consecutive months of flat or negative monthly rent change. Annual rent growth eased marginally to 0.66% in December...
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Construction Underway on 376-Unit Lake Pointe Rental Project
Construction is underway on Pearl Lake Pointe, a 376-unit luxury multifamily community that marks Sugar Land’s first new apartment development in more than a decade. The project, developed by The Morgan Group in partnership with Carlyle, is rising on 6.46 acres at 16435 Creekbend Drive on the Lake Pointe peninsula. The five-story development will include five live-work units, a...
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Investor Duo Developing 452-Unit Sunrise Apartment Community
Rockpoint and The Morgan Group formed of a joint venture to develop Caroline at Sunrise, a garden-style apartment community in Sunrise, Florida. Current land owner Humbold Real Estate Ventures will also participate in the joint venture. The S. Florida Business Journal reports Rockpoint Group acquired the site in Sunrise for $26.21 million and obtained a...
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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