Berkadia announced the sale of Latitude at the Commons, a 288-unit garden-style multifamily property in Myrtle Beach, South Carolina. The sales price was $57 million. Trammell Crow Residential developed the property in 2009. The seller was ApexOne Investment Partners. Located at 2222 Crow Lane and built in 2009, the community offers a variety of units, including one-,...
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Oak Row Equities and Mariposa Real Estate claim to have completed the largest single land acquisition in Florida. The joint venture closed on the $520 million purchase of Aimco’s 4.25-acre waterfront parcel—located at 1001 and 1111 Brickell Bay Drive—with 485 feet of continuous Biscayne Bay frontage. The Brickell assemblage includes The Yacht Club Apartments and the...
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A recent report released by NIC MAP indicated that the senior housing sector is attracting substantial capital. Specifically, transactions in 2025 stood at $16.3 billion. The growing demand for senior housing likely explains why respondents to CBRE’s “U.S. Senior Housing & Care Investor Survey, H2 2025” indicated no change or a decrease in capital rates...
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The Gross Domestic Product (GDP) expanded by 4.3% during Q3 2025. At the same time, personal income experienced a 0.4% increase, while International Trade in Goods and Services and Q2’s International Transactions fell by $52.8 billion and $251.3 billion, respectively. “Gains to real gross domestic product were driven by greater consumer spending, particularly on nondurable...
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A number of big-named companies led the way when it came to the 6-10 most widely read stories in the Atlanta/Southeast region for 2025. Georgia Power spending $94 million on an Atlanta warehouse was the 6th most widely read story in The Atlanta/Southeast area for 2025. ICM Property Group was the seller. Pharmaceutical company Boehringer...
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Significant developments in Flower Mound, Katy and Georgetown (photo) grabbed ConnectCRE readers, making up the 6-10 most widely read stories in the Texas region. Three mixed-use projects, all over 400K-SF, are under construction in the three towns, some of the fastest-growing towns in the country. Other widely read stories included progress being made on the...
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Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management, and controlled affiliates of Starwood Capital have made a £193.5-million (approximately US$261 million) loan to Ballymore Group and Penta Real Estate to finance The Capston, a residential riverside development on the south bank of the River Thames in London’s Nine Elms neighborhood....
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Despite lower pricing and a wider supply selection, buyer sentiment in Canada’s condominium market remained subdued in 2025 as inventory continued to build across major centres, according to a new report from RE/MAX Canada. “Affordability and cost of living pressures weighed heavily on homebuyers nationwide,” said Don Kottick, president of RE/MAX Canada. “However, with two...
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