Greystone provided a $36.6 million Freddie Mac loan to refinance a 476-unit garden-style multifamily community located in Houston, Texas. Located at 4010 Linkwood Drive, Houston, The Stratford House was developed in 1966. The property offers renovated apartments and townhomes with one-, two- and three-bedroom layouts. The Freddie Mac loan carries a fixed 5-year term and features...
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Multifamily starts were relatively unchanged compared to three months ago, according to the National Multifamily Housing Council’s December 2025 NMHC Quarterly Survey of Apartment Construction & Development Activity. Twenty-five percent of respondents reported that their companies started fewer projects than three months ago, 26% said they started a greater number of projects and 43% reported that...
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The San Antonio Historic and Design Review Commission okayed a tax break for a developer looking to convert a historic underperforming healthcare facility into apartments with ground-floor retail. Innjoy acquired the building in 2019, a year after the hospital that occupied it shut down. Innjoy Hospitality wants to redevelop the Nix building at 414 Navarro...
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Bainbridge sold the 322-unit Soloya apartment complex in Orlando for $65.9 million, just over $200,000 a unit. Bainbridge delivered the project in 2018. Camden Property Trust was the buyer. Commercial Edge reports that following the purchase, the company rebranded the asset as Camden Lake Buena Vista. Camden Lake Buena Vista consists of eight four-story residential...
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The Real Estate Council of Ontario’s top executive has resigned in wake of the iPro Realty scandal and dismissal of the regulator’s board. Brenda Buchanan’s resignation will take effect December 31, Jean Lépine, the administrator appointed by the province to oversee RECO, announced Thursday. Lépine will assume the responsibilities of CEO with Buchanan providing support...
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David Fletcher Following the pandemic’s aftermath, the multifamily sector experienced significant shifts, including record-breaking rent growth, plunging vacancies, expanding construction starts, and an increase in household formation. These days, things are different. Rents are declining. So are construction starts, while vacancies creep upward. All in all, a correctional shift is underway. Industry experts told Connect...
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Real Estate Council of Ontario CEO Brenda Buchanan has resigned, effective December 31, in wake of the $10.5-mllion iPro Realty scandal and dismissal of the regulator’s board. Jean Lépine, the administrator appointed by the province to oversee RECO, will assume the duties of CEO. Alberta Investment Management Corporation has appointed Ray Gilmour as permanent CEO...
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JLL Capital Markets arranged a $23-million senior financing for 1008 Mass Ave, a 65-unit luxury multifamily property in Cambridge, MA. With support from Boston Residential Group, LLC, JLL managing director Anthony Cutone, director Madeline Joyce and associate Michael Schwarze represented the undisclosed borrower in securing the loan through Manulife / John Hancock Life Insurance Co. Constructed in 1999 and...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California