News
West Shore Financing Marks 2025’s Third-Largest Multifamily Transaction
Newmark arranged a $600-million total loan package on behalf of West Shore, with proceeds supporting the refinancing of more than $250 million in existing debt across five stabilized properties spanning Florida, Virginia, North Carolina and Kentucky, along with the acquisition of three multifamily assets totaling 1,496 units across South Carolina, Ohio and Florida. Executive vice...
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Ontario Government Receives iPro Audit from Law Firm
The Ontario government has received an auditor’s report on shuttered iPro Realty, but the findings are not yet being made public, The Toronto Star reported. The Real Estate Council of Ontario announced that its board has received a copy of the report compiled by law firm Dentons, and the results were shared with Stephen Crawford,...
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L.A. Beats Toronto in CRE World Series
Before baseball’s World Series was decided on the diamond, Los Angeles prevailed in a different one played off the field, according to CoStar. L.A. beat its northern rival 3-1 in the Commercial Real Estate World Series, said CoStar, which evaluated the two markets according to the four conventional asset classes. Tinseltown outscored Canada’s largest market...
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Kidder Mathews Arranges Sale of Townhomes in Quincy
The Quincy Executive Townhomes, a 20-unit multifamily community at 420–522 F Street NE in Quincy, Washington, has sold for $3.625 million. Vice President Max Frame of the Simon | Anderson Multifamily Team at Kidder Mathews represented the seller in the transaction. Built in 2019, the community comprises five four-plex buildings with large two- and three-bedroom...
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Marcus & Millichap Brokers Sale of 20-Unit Maryland Multifamily
Marcus & Millichap announced the $2 million sale of The Flower House, a 20-unit multifamily asset in Takoma Park, Maryland. The property, part of an eight-property portfolio, was sold through a Chapter 11 bankruptcy process subject to United States Bankruptcy Court approval. “Flower House attracted a tremendous amount of interest due to its location, stable...
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Newmark Arranges Sale of Historic Luxury Apartments in Philadelphia
The Drake, an iconic apartment tower located in Philadelphia’s Rittenhouse Square neighborhood, has traded hands. The buyer, a partnership of Lionheart Realty Group, Lineage Squared, Avery Companies, and AMS Equities, acquired the property. Newmark Multifamily Capital Markets Executive Managing Director Erin Miller, alongside Associate Chris Koehler, brokered the transaction on behalf of the seller. Lument...
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Colliers Appoints SVP to Lead Seattle Multifamily Investment Growth
Colliers announced the return of Sam Wayne, one of the Puget Sound’s multifamily investment advisors, as senior vice president. Wayne will lead Colliers’ multifamily growth across the Puget Sound, bringing together institutional, middle-market and private capital to accelerate investment activity in one of the nation’s most dynamic apartment markets. Over the past 15 years, Wayne...
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Yorkton Equity Group Acquires Edmonton Apartment Complex for $46M
Yorkton Equity Group has agreed to acquire the Chrsytallina apartment complex in Edmonton for $46 million, the company announced. The Chrystallina comprises three condominium-quality buildings totalling184 rental-housing units. Amenities include a freestanding building with a fitness centre, social room and leasing office. The property is located at 17904, 17908, 17912 and 17916 78th Street N.W....
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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