News
USF Breaks Ground on $500M Mixed-Use Venture
The University of South Florida (USF) and its development partners have broken ground on the $500 million first phase of Uptown Landing, a new mixed-use project in Tampa, within walking distance of the planned USF on-campus football stadium. The first phase of the project comprises 30 acres and will include 717 beds of student housing;...
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Downtown Brooklyn Development Site Fetches $84M
JLL Capital Markets arranged the $83.5-million sale of the Bridge & Fulton Development Site, a large-scale mixed-use development opportunity located at 485 Fulton St. and 147 Lawrence St. in Downtown Brooklyn. Borough Developers acquired the property from ICER Real Estate. JLL’s Michael Mazzara, Ethan Stanton and Brendan Maddigan represented the seller and negotiated directly with...
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Marcus & Millichap Closes Multifamily Sale in San Diego’s College East
Marcus & Millichap closed the sale of The Molokai Apartments, a 39-unit multifamily property in San Diego. The property sold for $11.2 million, or $287,179 per unit. “The property received a tremendous amount of attention from the investment community due in part to its spacious floor plans, which average more than 800 square feet and...
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SoCal Family Office Snaps Up Apartments in Competitive Modesto Submarket
The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was a private family office from Southern California, which paid $26.6 million. TMG’s team of EVP Otto Ozen, SVP Brian Nakamura and SVP Nazli...
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JWest Breaks Ground On $400M-Plus Vancouver Mixed-Use Campus
JWest has broken ground on a $400M-plus Vancouver redevelopment that will use income from 630 rental homes to help support a major new non-profit community campus. The 3.3-acre Roadburg Campus, at 950 West 41st Ave., is being developed by JWest Foundation, the non-profit organization created to oversee the project and manage its future revenue. Plans...
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Globe Capital Buys 185-Unit Montreal Apartment Building For $47M
Globe Capital Management has acquired a 185-unit apartment building in Montreal’s Saint-Laurent borough for $47 million. The seven-storey concrete building at 239 Boulevard Deguire includes 158 two-bedroom apartments, accounting for 85% of its suites. The deal works out to about $254,000 per unit. Avison Young’s Quebec Capital Markets team brokered the transaction. “Well-maintained concrete multi-res...
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Essex Realty Group Lists Mixed-Use Property in Chicago’s Old Town
Essex Realty Group is marketing 1628-1630 North Wells Street for sale, a mixed-use property ideally situated in Chicago’s Old Town neighborhood. The offering features four residential apartments, ground-floor retail space, a two-unit coach house, and 12 outdoor parking spaces.Essex Realty Group Principal Jim Darrow, Principal Jordan Gottlieb and Director Brian Keegan exclusively represent the seller...
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New Luxury Multifamily Property Seattle House Launches Pre-Leasing
Seattle House, a new 1,131-home luxury rental community in Seattle’s Denny Triangle, is now actively pre-leasing ahead of its fall opening. Located in the heart of Denny Triangle at 2340 6th Avenue, Seattle House offers residences ranging from studios to two-bedrooms.“Seattle House was designed around how people live in the city today, moving between home,...
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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