News
Atlas Closes $63.4M Nashville Apartment Refi
Atlas Real Estate Partners refinanced Standard Assembly, a 310-unit mixed-use community in Nashville’s Wedgewood-Houston neighborhood. The financing amount was $63.4 million. The refinancing transitions the Opportunity Zone project from a construction loan with Principal Life Insurance to a five-year, fixed-rate Fannie Mae loan with full-term interest-only payments, positioning the asset for long-term stability. At the time...
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Iconic Downtown Toronto Bus Terminal to Be Torn Down
Toronto’s long-closed Coach Terminal is set to be demolished, clearing the way for a major mixed-use redevelopment in the city’s downtown core, BlogTO reported. Crews have mobilized at the former terminal sites at 610 Bay St and 130 Elizabeth St. following the approval of demolition permits in late 2025. The western terminal will be fully...
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RentCafe Report: Finding Apartment Units Remains Challenging
Veronica Grecu Even with the increase in multifamily supply, households continued to face challenges in finding rental units over the past year. RentCafe’s year-end report stated that its Rental Competitiveness Index (RCI) score was 75.2, an increase from 74.4 the previous year. “One of the biggest factors driving rental competitiveness this year is the rise...
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JLL Closes $80M Sale of Northern NJ Apartments
JLL Capital Markets secured the $80-million sale and $56-million acquisition financing for SilverLake Apartments, a 232-unit Class A market-rate community in Belleville, NJ. The firm worked on behalf of the seller, Klein Enterprises. JLL also represented buyer, Sym Investments, to secure the five-year, fixed-rate loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital,...
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Enterprise Community Development Secures Solar Financing for MD Housing Properties
Enterprise Community Development has closed on a $4.5 million revolving credit facility to expand solar energy and battery storage projects across 25 affordable housing communities in Maryland. The financing is provided by the Maryland Clean Energy Center through its Sustainable Energy Investment Fund in partnership with the Maryland Energy Administration. The facility will support Enterprise’s...
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Capstone Development to Build Student Housing at the University of Virginia
The University of Virginia (UVA) has selected Capstone Development Partners to build new upper-class student housing on the campus. Capstone’s partners for the project are Elkus Manfredi Architects and a joint-venture construction team of Hoar Construction and Hourigan. Scheduled to be completed for the fall 2027 term and housing approximately 780 students, the new residence...
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Chicago Awards $33M in Grants for 58 Commercial Projects
A South Shore intergenerational housing complex, a new headquarters for a West Garfield Park gun violence prevention organization and a Roseland coffee shop are among 58 neighborhood improvement projects to be supported through $33 million in Chicago city development grants. The projects collectively represent $90 million in public-private investments. Nine projects were selected to receive...
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Boardwalk Selling Three Edmonton Apartment Properties for $56.5M
Boardwalk is in the process of selling three Edmonton apartment properties for $56.5 million, the REIT announced in an update. Boardwalk said it has closed on the sale of Terrace Garden Estates for $19.5 million, or $171,000 per suite, after releasing its third-quarter 2025 results. Built in 1977, the 114-unit property sold at a 5.9%...
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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