News
Equity Residential Sells Seattle Apartment Complex for $132M
An apartment complex in Seattle’s Belltown neighborhood has traded for $132 million. The Centennial Tower and Court Apartments complex comprises a seven-story mid-rise with 187 units and a 26-story tower with 221 units. The seller is Chicago-based Equity Residential, reported the Puget Sound Business Journal. Los Angeles-based real estate investment firm JRK Property Holdings is...
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Nashville-Area Apartment Community Trades for $106M
General Services recently paid $106 million for The Paxton Cool Springs, a 328-unit multifamily project in Cool Springs, south of Nashville. The Nashville Business Journal reports that General Services inked a $63 million acquisition loan from Newmark to accompany the purchase. Starlight Investments was the buyer. The complex, located at 2007 Knoll Top Lane, was...
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PGIM Pays $76M for 290-Unit Decatur Rental Asset
PGIM Real Estate acquired the 290-unit Notion Decatur for $76 million. Toll Brothers, the developer of the project, was the seller. The property is adjacent to a Publix-anchored shopping center in Decatur. The Atlanta Business Chronicle reports the sale aligns with Toll Brothers’ departure from the multifamily business. The company sold its multifamily division, known...
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People and Companies News for Week Ending January 9, 2026
Altus Group has appointed Rich Sarkis as chief marketing officer, effective immediately. Sarkis joined Altus through its acquisition of Reonomy. In 2025, he served as the group’s president of software and data, playing a critical role in bringing Argus Intelligence to market. Shane Stewart has been appointed president and CEO of Priestly Demolition. In other...
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FiDi Development Site Goes for $53M
JLL Capital Markets arranged the $53-million sale of 75–83 Nassau St., a development site located in Downtown Manhattan’s Financial District. JLL’s Andrew Scandalios, Ethan Stanton, Jonathan Hageman and Michael Mazzara represented the seller, New York-based investment firm Lexin Capital, and negotiated directly with the buyer, Fulltime Management and Montgomery Street Partners, which plan to build...
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Berkadia Closes Senior Living Sale in San Mateo
Berkadia arranged the sale of Atria Park of San Mateo, a 135-unit assisted living and memory care community in San Mateo, along the western shores of San Francisco Bay. The seller and sale price were not disclosed. Managing directors Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of Berkadia Seniors Housing & Healthcare closed the sale. Following a review of multiple offers, the seller selected a buyer that...
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PCCP Joint Venture Plans 237-Unit BTR Development in Indianapolis
A joint venture of PCCP, Trinitas Ventures, and Peninsula Investments has announced the ground-up development of Avanza at Hyde Park, a 237-unit community in Noblesville, Indiana. The project is currently under construction with completion anticipated in Fall 2027. Avanza at Hyde Park is Trinitas’ first build-to-rent development project under its AvanzaSM brand. Upon completion, the...
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Essex Realty Completes Sale of Bucktown Multifamily
Essex Realty Group arranged the sale of 2163 North Bell Avenue, an eight-unit multifamily property located in Chicago’s Bucktown neighborhood. The recently renovated asset sold for $2.56 million. The transaction was facilitated by Principals Jim Darrow and Jordan Gottlieb, and Director Brian Keegan.The property is comprised of a six-flat front featuring four one-bedroom, one-bathroom apartments...
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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