News
Site Work Begins on $125M Mixed-Use Project Steps from Tropicana Field
Demolition is imminent at the future site of Gallery Haus, a $125 million mixed-use multifamily project in downtown St. Petersburg led by Black Salmon and LD&D, with LD&D’s partner IGEQ participating in the venture. The milestone follows the closing of a $6 million site-work loan with Osprey Capital, and KAST Construction appointed as general contractor for the 23-story development. Located at 155...
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Calgary Apartment Project Demonstrates Modular-housing’s Benefits: CBRE
A newly built Calgary apartment building shows the benefits of modular construction if in offsetting Canada’s chronic undersupply of housing, says CBRE. The firm’s newly released Fall 2025 edition of Advantage Magazine features a compelling look at how modular construction — supported by innovative financing — could play a major role in easing Canada’s housing...
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Fordham Landing Developer Files for Chapter 11
Dynamic Star LLC, the owner of Fordham Landing, a major housing development in the Bronx that’s attracted state investment, has filed for Chapter 11 bankruptcy to halt a foreclosure sale, reported Bloomberg News. The filing comes weeks after state officials agreed to commit $55 million to support infrastructure construction in Fordham Landing South, which would include roughly...
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State Agencies Issue RFP for Transit-Oriented Development
A joint venture comprised of the Massachusetts Port Authority, the Massachusetts Department of Transportation and the Massachusetts Bay Transportation Authority has released a Request for Proposals (RFP) seeking a developer for a mixed-use transit-oriented development project at the Anderson Regional Transportation Center (RTC) in Woburn. The RFP follows a strong response to a Request for...
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Greysteel Arranges Multifamily Sale in Iowa
Greysteel announced the sale of Fountain Terrace, a newly constructed 146-unit multifamily community at 655 S 88th Street in West Des Moines, Iowa. The property’s blend of high-quality new construction in a prime location resulted in strong investor interest, ranging from private capital to institutional capital. Completed in 2024, Fountain Terrace was 94% occupied at...
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Walker & Dunlop Arranges $285M Refi on Greenpoint Apartments
Walker & Dunlop, Inc. said Monday it arranged a $285,000,000 bridge loan to an affiliate of Madison Realty Capital to refinance Greenpoint Central, a newly built, 473-unit Class-A multifamily property located at 65-75 DuPont St. in Brooklyn’s Greenpoint neighborhood. Walker & Dunlop Capital Markets Institutional Advisory, led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Ari Hirt, Cole Grims...
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KKR Acquires Two Irving Rental Assets
The two projects total 673 units. Lone Star Funds was the seller of the 286-unit Eastshore on Lake Carolyn and the 387-unit Promenade at Las Colinas. Multihousing News reports that KKR, the buyer, took out a $118 million loan from Rialto Capital Management. Promenade at Las Colinas came online in 2020. The property at 555...
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Former Phoenix Bank Tower Converting to Apartments
Kinella Capital has acquired One Camelback, a 163-unit commercial-to-multifamily conversion project in Phoenix. The project is taking shape at the site of the former BMO Harris Bank tower. Kinella secured financing from Post Road Group to complete construction. Commercial Edge reports Kinella specializes in acquiring and completing complex development efforts, including stalled, lender-owned and distressed...
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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