News
Essex Closes $16M Wells Street Mixed-Use Deal
Essex Realty Group closed the sale of 1553 North Wells Street, a new construction mixed-use property located in Chicago’s Old Town neighborhood. The 23-unit building with retail, constructed in 2019, sold for $15.7 million. Principals Jim Darrow and Jordan Gottlieb, along with Director Brian Keegan, facilitated the transaction, representing both the seller and buyer. Essex...
Learn more
Boston-Area Residential Permitting Drops by 67% Over Three Years
The number of building permits pulled by residential developers in Greater Boston plunged nearly 67% in three years, from 15,019 in 2021 to just under 9,000 in 2024, Realtor.com reported, citing new data from Boston Indicators, the research arm of The Boston Foundation. Year to date, the pace has been even slower. Specifically, as of...
Learn more
Monadnock Scores $175M Construction Loan for Gowanus Rentals
JLL Capital Markets arranged $175 million in construction financing for 155 Third St., a 22-story, 300-unit mixed-use rental apartment development to be built along the Gowanus Canal in Brooklyn. A JLL team including Christopher Peck, Winfield Clifford, Kellogg Gaines and Nicco Lupo represented Monadnock Development in securing the loan from PCCP, LLC in partnership with...
Learn more
Gantry Secures $18M for Portland Area Multifamily Refinance
Gantry has secured a $17.5 million permanent loan to refinance maturing debt for an apartment community in southwest Portland, Oregon. The three-story, garden-style community comprises 178 units, featuring a mix of one-, two-, and three-bedroom floor plans. The property offers ready access to the concentration of top regional employers in nearby Beaverton as well as...
Learn more
Newmark Announces Two Texas Apartment Deals
Newmark completed the sale and financing of two sizable Texas multifamily properties. First off, was the Jefferson Cedar Ridge; a 360-unit luxury multifamily community located in Southwest Dallas. Newmark’ Richard Furr, Brian Murphy, and Brian O’Boyle, Jr. represented seller TDI in the transaction. A Newmark Finance team, led by Braden Harmon, Hank Glasgow, and Jeff...
Learn more
InTrust Picks Up Mesa Apartments for $59.6M
InTrust acquired the Coral Point Apartments, a 337-unit multifamily community located in the Mesa-Tempe corridor for $59.6 million. The joint venture of Scheiner Group and Living Well Homes was the seller. InTrust secured a $45.5 million acquisition loan through Brightspire Capital. The property will be immediately rebranded and repositioned as Morrison in Mesa. The planned value-add strategy...
Learn more
Meeting Renters’ Expectations in a Changing Environment: Q&A With RCKRBX’s Michael Broder
A topic at the upcoming Connect Southeast Multifamily event in Key Biscayne will cover the significant influx of outsiders moving to Florida and what apartment developers will need to do to meet an ever-changing set of expectations. Event panelist, Michael Broder from RCKRBX, has dug deep into the numbers and has some eye-opening insights as...
Learn more
Feds, Fonds, City Open New Affordable Housing Project in Laval
The federal and provincial governments, city and the Fonds de solidarité FTQ have officially opened Le 605, a 101-unit affordable housing project in Laval, Que. Led by the Société de gestion Querbes, the development is designed to support families and individuals from a wide range of cultural backgrounds. The $45.5-million project was completed under the...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout