News
Marcus & Millichap Brokers Sale of 48-Unit Multifamily in Wisconsin
Marcus & Millichap completed the sale of West Side Apartments, a 48-unit multifamily property in Mauston, Wisconsin. “West Side Apartments offered investors a rare opportunity to acquire a high-quality, newly built asset with strong lease-up momentum,” said Matthew Whiteside, senior managing director investments. “Its proximity to the Wisconsin Dells market and two of the state’s...
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Dallas Ranks High in Office-to-Apartment Conversions
In 2024, Dallas created the 4th highest number of new apartments through building conversions, according to RentCafe.com’s Adaptive Reuse Report. Almost 25,000 apartments were created from converted buildings across the country in 2024. That’s the strongest year on record and 50% more than in 2023. Dallas narrowly missed the top spot for office-to-apartment conversions in 2024, delivering 584 new units — just 4 shy of Manhattan’s total. Dallas created the 4th highest number of apartments...
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Interra Realty Brokers Sale of New-Build Lakeview Apartment Building
Interra Realty brokered the sale of Low-Line Commons, a 95-unit apartment building in Chicago’s Lakeview neighborhood. Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the buyer, Highland Real Estate Partners. Smazal and Dykstra also represented the seller, a joint venture between Wildwood Investments and Contemporary Concepts. The building was 98% occupied at...
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Greystar Advancing Sarasota Apartment Plans
Greystar is moving ahead with a 336-unit apartment complex near Sarasota-Bradenton International Airport. The Tampa Bay Business Journal reports Greystar closed on the land for $12.9 million earlier this year. Called Birchway Sarasota, the project is expected to be built in three phases. The first phase will consist of a nearly 7,000-square-foot clubhouse, a pool deck and...
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CCI Wrapping Up Construction on Rome Mixed-Use Project
CCI Real Estate opened the Nova River District, a 250-residence, mixed-use community in downtown Rome, Georgia. Construction on the project is 90% complete. 60% of currently available units have been leased. Nova River District is located on the AdventHealth ECO Greenway, between West 3rd Street and the Oostanaula River across from Broad Street. As a complex...
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Third & Urban, HighBrook Moving Ahead on $605M Brookhaven Venture
Third & Urban and its capital partner, HighBrook Investors, have completed the assembly of 30 acres from four buyers, paving the way for the mixed-use redevelopment of Corporate Square. The project, now named Northbend has received rezoning as a Master-Planned Development, and Third & Urban is now finalizing partnerships on vertical construction for the initial phases of...
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Changing NIMBY Opinions About Affordable Housing: Q&A with CHOC’s Joy Silver
Joy Silver One solution to America’s housing crisis is to build more affordable housing units for lower-income populations. However, even when knowledgeable developers slice through the bureaucratic red tape and obtain the necessary tax credits and funding to build, they must also work with community residents who don’t want “those types of apartments” in their...
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City Council Passes Adams’ Jamaica Neighborhood Plan
The New York City Council has officially signed off on the Adams administration’s Jamaica Neighborhood Plan. Covering nearly 230 blocks in this Queens neighborhood, the plan calls for the development of 12,000 new residential units, including 4,000 affordable units. “With the historic passage of our administration’s ‘Jamaica Neighborhood Plan,’ we have opened the door to...
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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