News
Vintage Athens Hotel to be Razed, Student Housing on Way
Core Spaces is converting the site of Hotel Abacus, a 122-room inn built in the 1970’s into a midrise student housing development. The project is within a half mile of the University of Georgia. The venture could house over 1,200 students. The redevelopment is expected to cost over $150 million. The Atlanta Business Journal reports...
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Oak Row, LNDMRK Start Work on Edgewater Apartments
Oak Row Equities and LNDMRK Development broke ground on 2900 Terrace, a multifamily tower in Miami’s Edgewater submarket. This milestone follows the closing of $210.5 million in construction financing, including a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate. 2900 Terrace was designed by...
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HIC Starts Phase I of $300M, 2,600-Acre Savannah-Area Development
HIC Land broke ground on Carolina Station, a $300 million, 2,600-acre master-planned community on the Morgan Tract in Hardeeville, just north of Savannah. The community will include over 650 multifamily units and more than 95 acres of commercial property, which HIC Land owns and intends to develop into a mix of retail, dining and lifestyle...
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Video Highlights from Connect New York Apartments Investment & Finance 2025
Any conference devoted to the multifamily sector in New York City needs to be comprehensive and packed with insights to succeed, and Connect New York Apartments Investment & Finance 2025 delivered. The afternoon conference in Midtown Manhattan provided discussions of transit-oriented development, opportunities in distressed debt and real estate, the capital stack, the investment outlook,...
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Kingsbridge Armory Redevelopment Wins City Council Approval
The New York City Council voted to approve a redevelopment proposal and 500 units of affordable housing for the Kingsbridge Armory and surrounding neighborhood in the Bronx. The project is expected to generate $2.6 billion of economic activity. “The Council is proud to have approved the redevelopment of Kingsbridge Armory, so the historic site can better serve the Bronx...
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Sentinel Real Estate Acquires Newly Built West Orange Apartments
BlueGate Partners arranged the sale of Stonehill at West Orange, a newly completed, mid-rise multifamily community in West Orange, NJ, approximately 16 miles west of Manhattan. BlueGate brokered the sale on behalf of the seller. The transaction was led by Mark DeLillo, with Marc Schulder, Lee Spiegelman, Felipe Marin, Eli Zaoutis, and Jeremy Silber on...
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West Sacramento Apartments Change Ownership After 30 Years
Newmark arranged the sale of Rivergate Apartments, a 126-unit, value-add apartment community located at 900 Simon Terr. in West Sacramento. The property sold for an undisclosed amount. Managing director Will Blucher and associate Wills Vlasek represented the seller, McCarty Sacramento Property LLC, in the disposition to a private buyer, IMG II, LLC. “This transaction marks...
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National Median Condo Price Falls 1.6%
The Canadian median condominium price fell 1.6% year-over-year in the third quarter amid a rise in sales activity, says a new report from Royal LePage. The national median condo price dropped to $580,700, while those in the country’s largest markets fluctuated considerably. “Canada’s housing market is shifting toward balance, as easing prices, rising listings and...
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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