News
Greenstone Partners Arranges Sale of Mixed-Use Wicker Park Building
Greenstone Partners announced the sale of 1560 N. Damen Avenue, a three-story, 4,650-square-foot mixed-use property located at the heart of Wicker Park. The property sold for $3.18 million, within approximately 3% of the asking price. The property features ground-floor retail occupied by Stan’s Donuts & Coffee, a regional bakery brand that has operated at the...
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TA Realty Pays $105M for Wellington Rental Community
JPMorgan Investment Management sold The Polo Lakes Apartments in Wellington for more than twice what it paid. The South Florida Business Journal reports JP Morgan paid $47.75 million for the property in 2002. TA Realty paid $105.45 million for the same 366-unit rental community in 2026. Totaling 520,918 square feet, Polo Lakes was built on...
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Swickard Acquires 90% Stake in Portland’s Park Avenue West
Jeff Swickard, president and CEO of Swickard Group, has acquired a 90% interest in Park Avenue West, the fourth-largest building in downtown Portland and the latest prominent high-rise in his nearly $250 million investment in the city over the past year. Swickard’s commitment of more than $100 million for the majority interest in Park Avenue...
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Value-Add Rentals Go for $13M in El Cajon
Marcus & Millichap closed the sale of 229 Shady Ln., a circa-1969, 59-unit multifamily property located in El Cajon. The asset sold for $13.25 million, or $224,576 per unit. “Value-add apartment communities in East County San Diego continue to attract investor interest because of strong renter demand, limited housing supply and opportunities to improve operations...
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Ottawa Office-To-Residential Conversion Hits Receivership
An Ottawa office building already stripped down for conversion into 143 rental units has been placed into receivership, putting an unusually advanced office-to-residential project into court-supervised restructuring. The seven-storey, 106K-SF building at 495 Richmond Rd. is owned by DOV (495 Richmond) Limited. The Ontario Superior Court appointed Goldhar & Associates as receiver Sept. 17 on...
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McCourt and Lincoln Secure Approvals for San Francisco Tower Under Two Distinct Plans
McCourt Partners and Lincoln Property Company said Tuesday that the San Francisco Planning Commission has approved plans for 536 Mission St., with the commission signing off on two distinct plans for the project. Designed by Skidmore Owings & Merrill and among the first new towers in San Francisco to receive approval since the pandemic, the...
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Inland Closes $44M in Non-Recourse Bridge Loans in Q2 2026
Inland Mortgage Capital, LLC, a member company of The Inland Real Estate Group of Companies, Inc., announced that it closed nearly $44 million in non-recourse, first-mortgage bridge loans across four projects in California, Illinois, and Wisconsin. The four projects included a $6.2 million non-recourse acquisition loan for a 44,000-square-foot shallow-bay industrial project in Paramount, California,...
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Onni Group Secures $42M in Financing for Two-Tower MXU Project in Seattle
Canadian developer Onni Group has secured $41.7 million in financing for Block V, a two-tower development in Seattle. The project is located at the site of former parking lots near Seattle’s South Lake Union neighborhood, reported the Puget Sound Business Journal. The $358 million development has been in the planning stages for years. The properties at 2301...
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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