News
AvalonBay Nears Sale of Sunset Towers in San Francisco
A venture led by Alexander Shalavi with Bridge Capital Partners Inc. has AvalonBay Communities’ Sunset Towers under contract, the San Francisco Business Times reported. Overlooking Golden Gate Park in San Francisco, the 243-unit property was listed earlier this summer, drawing bids above $100 million. The pending sale, expected to close in January, reflects a broader...
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Colliers Stands Out in Volatile Times
For Canada’s commercial real estate industry, 2025 has been marked by economic headwinds, volatile market dynamics and uncertainty. Companies that were strategic and adaptable successfully navigated the unpredictable year. Which is exactly why MSCI Real Assets Management ranked Colliers No. 1 in property sales during the first half of 2025, marking the sixth time the...
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PPR Capital Management Makes First Philadelphia Region MF Investment
PPR Capital Management (PPR) has added Botanica Cottages, a 199-unit garden-style multifamily property in Limerick, Pennsylvania, to its portfolio. The investment is PPR’s first in the Philadelphia metropolitan area. A unique community with build-to-rent features, Botanica Cottages offers private townhomes featuring one-, two-, and three-bedroom units, located near the Route 422 corridor. PPR’s investment in...
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JLL Closes Sale, Financing of Portland Seniors Housing Property
JLL has completed the sale and financing for Morningstar at Happy Valley, an 87-unit assisted living and memory care community in Portland, Oregon. JLL’s Seniors Housing Capital Markets team marketed the property on behalf of the seller, Confluent Development. Harrison Street, in partnership with The Springs Living, purchased the asset and will rebrand it as...
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Cushman & Wakefield Arranges $44M Sale of Ballard MF
Cushman & Wakefield has arranged the sale of Lock Vista Apartments, a 192-unit multifamily apartment community in Seattle’s Ballard neighborhood. Cushman & Wakefield arranged, and Greystone provided acquisition financing for the transaction. Cushman & Wakefield’s Dan Chhan, Tim McKay, Matt Kemper, Jacob Odegard, Dylan Roeter and Byron Rosen brokered the sale of Lock Vista Apartments,...
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Northmarq Brokers Contribution of KS Multifamily Portfolio to MLG Legacy Fund
Northmarq’s Kansas City Investment Sales team of Jeff Lamott, Casey Wilhm and David Belpedio completed the contribution of Camson Properties, a three-property apartment portfolio in the West Lawrence submarket in Kansas. Northmarq represented the contributor, Orozco Capital Trust, which elected to contribute the portfolio to the MLG Capital Legacy Fund. Existing Fannie Mae financing was...
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Naftali Closes on $525M Construction Loan for Phase II of Williamsburg Wharf
Naftali Group and Access Industries have closed on a $525-million construction loan for Phase II of Williamsburg Wharf, Naftali’s 3.75-acre master-planned development on Williamsburg’s East River shoreline. The financing package fully capitalizes the construction of 80 Wharf Way. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. The team, led by Keith Kurland, Aaron Appel, Dustin Stolly, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Ari Hirt, and Stanley Cayre, secured a floating-rate,...
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Castle Rock Townhome Community Sells for Nearly $25M
McWhinney purchased Red Hawk Crossings, at 1457 Red Hawk Drive, in Castle Rock, a 60-unit townhome community for $24.7 million. It’s located to the northeast of the Wolfensberger Road and Prairie Hawk Drive intersection. The seller was Red Hawk Crossing, which developed the property. The Denver Business Journal reports that McWhinney will partner with Asset...
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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