News
RMK Management Named Property Manager of 20-Unit MF Property
RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for 818 N. Wolcott, a boutique 20-unit rental community in Chicago’s East Village neighborhood. Completed in 2023, the property is the redevelopment of an existing foundry building, with a new addition expanding its original footprint. “This is quite...
Learn more
BlackRock Makes Ventura County’s First Unleveraged Institutional Deal
Newmark arranged the sale of Santal Thousand Oaks, a 142-unit mid-rise multifamily property located in Thousand Oaks. The transaction represents the first unleveraged institutional purchase in Ventura County history, according to Newmark. Vice chairman Jonathan Merhaut, executive vice chairmen Geoff Boler and Joseph Smolen, senior managing director Eugene Chong and director Blake Matsuda advised the...
Learn more
Hyperion, Lawrence Benenson Forge JV to Acquire Multifamily Properties
Hyperion Group, a New York and South Florida-based real estate investment and development firm, has formed a joint venture with Lawrence Benenson, a partner in Benenson Capital. The newly established venture, HyperionMFP Partners, will focus on acquiring value-add and core-plus assets in the Tri-state region, South Florida and other select markets. HyperionMFP Partners intends to collaborate with institutional...
Learn more
JLL Brokers Sale of Renaissance at Carol Stream Property
JLL has closed the sale of Renaissance at Carol Stream, a 293-unit apartment community located in Carol Stream, a western suburb of Chicago, in DuPage County. JLL represented the seller and Chicago-based owner-operator, Bender Companies. The buyer was Highlands Vista Group. JLL Capital Market’s Investment Sales and Advisory team, representing the seller, was led by...
Learn more
City of Vancouver Stays Course on Proposed Market Rental Housing Projects
The City of Vancouver is proceeding with applications to redevelop market-rental housing projects after a proposal to develop a market-residential development corporation failed a political litmus test. The Daily Hive Urbanized reported that three of six proposed mixed-use market-rental projects are still proceeding through the development-approval process. Together, the three proposed projects would include 2,700...
Learn more
Four Factors Bolster CRE Investors’ Near-Term Outlook
Investors have begun taking a more bullish approach to commercial real estate, Marcus & Millichap reported. A quartet of macroeconomic factors bodes well for the investment outlook, the company said in a new Research Brief. One is a reset in pricing. With cap rates up by 80 to 130 basis points year-to-date from 2022 levels,...
Learn more
Waterton, NRP Developing Las Vegas Rental Community
Waterton partnered with The NRP Group to acquire an 8.5-acre site on South Las Vegas Boulevard in Las Vegas, NV. Construction on the 368-unit luxury rental community is scheduled to begin imminently. Delivery of the first residences is estimated for mid-year 2027 with completion targeted for early 2028. Waterton and The NRP Group are providing...
Learn more
Bridge Acquires Lakewood Apartments for $100M
Bridge Investment Group bought the Silver Reef apartments, at 12205 and 12405 W. Second Place, in Lakewood, for $100 million. The Denver Business Journal reports the property last traded hands for $96.7 million in 2018 when it was purchased by Inland Real Estate Group. The 419-unit apartment buildings were constructed in 1984. Situated at 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