News
Luxury Rentals Planned for Vacant Lot Across from Empire State Building
Slate Property Group and Pi Capital Partners formed a partnership to develop a ground-up, luxury apartment building at 335-339 Fifth Ave. in Midtown Manhattan. Located at the corner of 33rd Street and Fifth Avenue, directly across from the Empire State Building, the site will contain an 18-story building with approximately 95 rental units. 335-339 Fifth Ave....
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Continuum Closes Sale of NJ Continuing Care Retirement Community
Continuum Advisors, a national senior housing investment sales and advisory firm, recently closed the sale of Laurel Circle, a luxury 270-unit continuing care retirement community (CCRC) situated on 25 acres in the Somerset County community of Bridgewater Township, NJ. Co-founders David Kliewer and Jay Jordan represented a joint venture including LCS in marketing the property,...
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Arrow Real Estate Advisors Arranges $50M Refinance for Illinois Apartments
Arrow Real Estate Advisors, a real estate finance advisory firm, has arranged a $50 million bridge refinance on behalf of Noah Properties for the Novú Apartments, a newly completed 192,000-square-foot, 180-unit luxury multifamily community located at 6633 N. Milwaukee Avenue in Niles, Illinois. The financing, provided by Walker & Dunlop Investment Partners, replaces the project’s...
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Affordable Housing Redevelopment Opens in Baltimore’s Johnston Square
Baltimore Mayor Brandon Scott recently attended the grand opening of The Hammond at Greenmount Park, a transformational project that turned an entire block of vacant lots into a new four-story building containing 109 affordable apartments and a new branch of the Enoch Pratt Free Library. The Hammond at Greenmount Park was spearheaded by a redevelopment...
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Eagle Partners Closes on $107M Market-to-Affordable Conversion in Hacienda Heights
Eagle Partners has closed on a $107-million affordable housing preservation acquisition, The Hills at Hacienda Heights, a 1970-vintage, 350-unit apartment community in the San Gabriel Valley. A vertically integrated multifamily real estate investor and operator, Eagle Partners partnered with Red Stone Equity Partners, JPMorgan Chase, California Housing Finance Agency (CalHFA) and Affordable Housing Access to execute upon the market-to-affordable conversion. ...
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InterRent’s $4B Sale to CLV Pushed Back to 2026
InterRent’s proposed $4-billion friendly takeover has pushed back until the first half of 2026, the REIT said Tuesday in its quarterly report. The proposed deal was originally expected to close by year-end 2025. Plans call for Carriage Hill — a newly formed entity owned by Ottawa-based CLV Group and Singapore-based GIC — to acquire InterRent...
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East Boston Sees Flurry of New Apartment Projects
A 41-unit, five-story apartment building has launched construction on Maverick Street in East Boston, one of a cluster of smaller multifamily projects underway in the area, the Boston Business Journal reported. The development under construction at 9 McKay Pl., about four blocks from the middle of Maverick Square, is expected to include a 2,200-square-foot public...
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Work Underway on $250M FW Mixed-Use Project
Copper Ranch, a $250 million mixed-use project in Fort Worth, has started moving dirt. The 40-acre mixed-use development will include retail, apartments and a new school. Direct Retail Partners is helming the retail component. Located at 311 E. Bonds Ranch Road, in far north Fort Worth, the development will feature retailers such as Chick-fil-A, Chipotle, Great Clips,...
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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