News
Montrose Wants Court to Reopen Cowichan Decision
Montrose Properties is seeking to reopen the controversial Cowichan Tribes court decision that has raised questions about land-ownership rights in southwestern B.C. Richmond, B.C.-based Montrose announced that it will apply to be a party in the litigation and ask the B.C. Supreme Court to reopen the decision. “As one of many private landowners surprised by...
Learn more
Chartwell Completes Two Quebec Acquisitions for $204.2M
Chartwell Retirement Residences has completed the acquisitions two Quebec seniors homes in Quebec. Chartwell purchased a 100% interest in Résidence L’Aubier (376 suites) in Lévis, Que., from development partner Batimo for $128.2 million. Lévis is part of the Quebec City region. “The purchase price was settled in cash and the repayment of a $10.0 million...
Learn more
Arden Secures $161M to Refinance Construction Debt on Inwood Luxury Rentals
Arden Living has secured a $161-million loan from Starwood Property Trust for the construction debt refinancing of Forty-Six Fifty, a 22-story luxury rental building in the Inwood neighborhood of Northern Manhattan. Located at 4650 Broadway, the building offers 222 residences ranging from studios to two-bedroom units. “Forty-Six Fifty represents a high-caliber asset delivering Manhattan-quality living that has become...
Learn more
Interra Realty Brokers Multifamily Deals in Chicago for $11M
Interra Realty has brokered the sale of two apartment buildings in Chicago. The 14-unit 5069 N. Northwest Highway in the Jefferson Park neighborhood sold for $5.65 million, and the eight-unit 2034 N. Avondale Ave. in the Bucktown neighborhood traded for $4.9 million. Interra Senior Managing Partner Brad Feldman represented the seller in both transactions, a...
Learn more
Homestead Community Land Trust Acquires Former Rite Aid for Housing Project
Seattle-based Homestead Community Land is planning an affordable housing project at a former Rite Aid property in Tacoma. In January, Homestead acquired the 2-acre site at 1105 Martin Luther King Jr. Way for $4.2 million. The Washington State Housing Finance Commission provided a loan to Homestead to cover the purchase, reported the Puget Sound Business...
Learn more
SoCal’s First Builder’s Remedy Project Wins Final Approval
The La Cañada Flintridge (LCF) City Council has approved Cedar Street Partners’ 600 Foothill Blvd. mixed-use development, clearing the final local hurdle for an 80-home project that includes 13% affordable units, 16 short-term stay suites, new office space and two levels of underground parking. The vote follows a series of landmark court rulings establishing the...
Learn more
Boston-Area Affordable and Workforce Housing Veterans Launch JV
Norton Point Development, HallKeen Management and Douglass Park Asset Management have launched HallKeen, a joint venture that will acquire a majority stake in the HallKeen Management platform. The JV marks a new era for HallKeen Management, a respected leader in affordable and workforce housing across Massachusetts and the Eastern Seaboard. It aims to scale HallKeen’s...
Learn more
Recently Delivered Scottsdale Rental Property Trades for $32.75M
55 Resort Scottsdale, a recently completed 104-unit luxury adult apartment property in Scottsdale, has been sold for $32.75 million. The development, located at 9449 N. 90th St., is situated within the McCormick Ranch master plan community. DEM purchased the property from Velocis Edison McCormick. Matt Roach, Chris Roach, Brad Cooke and Cindy Cooke of 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