News
GT Capital, Freestone Capital Management Expand Seattle Portfolio with MF Acquisition
GT Capital and Freestone Capital Management have acquired Lock Vista Apartments, a 192-unit multifamily community located in Seattle’s Ballard neighborhood. Lock Vista marks the firms’ second acquisition together, following their 2024 purchase of the Smith Tower and Butler Garage in downtown Seattle. Both firms bring extensive experience investing across commercial and residential real estate in...
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Hoffman & Associates, DeBartolo Secure $144M for VA Mixed-Use Development
Hoffman & Associates and DeBartolo Development announced the closing of financing for a new mixed-use residential community located at 3200 W. Moore Street in Richmond, Virginia. The Hoffman & Associates and DeBartolo Development joint venture will co-develop the mixed-use project located in the Scott’s Addition neighborhood. The financing structure includes a senior construction loan provided...
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Landmark Building 625-Bed Appalachian State Student Housing Project
Landmark Properties, in a joint venture with HC2 Capital, LLC and Peninsula Investments, acquired a 40.05-acre site in Boone, North Carolina, and revealed plans to develop The Retreat at Boone, a new, cottage-style off-campus student housing community with 625 beds near Appalachian State University. Trustmark Bank and First Financial Bank are providing construction financing for...
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Naftali Secures $465M Financing for Miami Condos/Apartments
The Naftali Group secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans. Located within Miami Worldcenter, JEM Private Residences is a 67-story...
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Olcheski Launches New Brokerage in Calgary
Commercial real estate industry veteran Alexi Olcheski has launched a new brokerage in Calgary. Olcheski now serves as president of KPLI Global after departing from Avison Young, where launched his 15-year career. His former Avison Young team members Estelle Tran and Anastasiya Gryshchenko have joined him at KPLI Global and serve as managing director and...
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Starlight Tops Off Toronto Multi-Family Rental Project
Starlight Investments has topped off its 21-storey multi-family rental project in Toronto’s Etobicoke district. The development site is located at 557 The West Mall in Etobicoke and will comprise 249 suites. The development is part of Starlight’s infill strategy, which reimagines underutilized land on existing properties to help meet the growing need for rental housing...
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Mach, Partners Proposing to Invest $600M to Reduce Homelessness
Groupe Mach and two other developers plan to develop 2,500 multi-residential units designed to reduce homelessness in Montreal. The proposed affordable-housing project has an estimated cost of $600 million. Plans call for the investment to be financed by Desjardins, La Presse reported. But Desjardins told La Presse that its discussions with Mach are confidential “for...
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JLL Represents JV in Acquisition, Financing for Midtown East Luxury Development
JLL Capital Markets arranged both the $39-million acquisition of two corner development sites at 1059-1061 Second Ave. and the $38 million in land and pre-development financing for a planned luxury residential development at the southwest corner of East 56th Street and Second Avenue in Midtown East. JLL represented the developer, a joint venture between EJS...
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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