The Mamdani administration has launched public review of the redevelopment of 100 Gold St. in Lower Manhattan, a major step toward transforming a city-owned site into approximately 4,000 new homes, including around 1,000 permanently affordable, rent-stabilized homes. The updated plan adds roughly 300 additional homes to previous estimates. Following a competitive request for proposals process,...
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Amherst CEO Sean Dobson said there are plenty of reasons for caution in today’s housing market. The good news: He isn’t seeing a repeat of the Great Financial Crisis (GFC). Dobson spoke with Walker & Dunlop Chairman and CEO Willy Walker on Sept. 17 during the 2026 Zelman Housing Summit in Boston. The conversation was...
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Two Chartwell Retirement Residences deals have come into sharper focus, identifying a major Brampton acquisition and putting a final price on its required Waterloo divestiture. Chartwell paid $135.5 million for Greenway Retirement Community at 100 Ken Whillans Dr. in Brampton, according to new Altus Group transaction data. The sale works out to about $560K per...
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Canada’s seniors housing recovery is running into a supply problem just as investor interest in the sector surges. National occupancy reached about 94% in the second quarter and is expected to hit 95% by year-end, according to a new Cushman & Wakefield report. That would put occupancy near a record and extend a rebound of...
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Rents are falling considerably faster in Canadian cities most exposed to U.S. tariffs, an early sign that weakening trade and employment could be adding pressure to already soft rental markets. The 10 most tariff exposed markets tracked by Rentals.ca and Urbanation saw average asking rents decline 3% between January 2025 and August 2026, compared with...
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Kennedy Wilson has closed a $175 million senior construction mortgage to finance the development of 1999 Eye Street NW, a 434-unit multifamily community in downtown Washington, D.C. The development is being sponsored by a joint venture between Stonebridge, The Bernstein Companies and Criterion Real Estate Capital, with a separate account advised by MetLife Investment Management...
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Colliers’ Debt & Structured Finance has arranged $69.3 million to refinance Snowfarm Apartments, a 252-unit multifamily property located in Missoula, Montana. The financing was placed through Fannie Mae and marks the first-ever transaction executed utilizing Fannie Mae’s Streamlined Treasury Lock Program. The loan was structured as interest-only with a seven-year term, at a fixed rate...
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Equus Capital Partners, Ltd. announced that an affiliate has completed the acquisition of Ashford at Geneva, a 226-unit garden-style apartment community located in Geneva, Illinois. The property was acquired on behalf of a programmatic joint venture between an affiliate of Equus and a U.S.-based public pension plan. Ashford was approximately 97% occupied at the time...
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