News
Vancouver Housing Corporation Plan Fails to Pass
The City of Vancouver’s planned entry into the market-rental housing development business has hit a roadblock. It remains to be seen whether the stoppage is temporary or permanent. Mayor Ken Sim’s plan to develop market-rental properties on municipally-owned land failed to pass a city council vote. Although council voted 7-4 in favour of the motion,...
Learn more
Court Approves Dream Residential’s Sale to Morgan
The Ontario Superior Court of Justice (Commercial List) has approved Dream Residential REIT’s proposed US$354-million sale to Morgan Properties. Pending final approval of the all-cash deal, Morgan will take the Toronto-based REIT private. The court’s approval came after Dream Residential unitholders almost unanimously endorsed the friendly takeover when two-thirds support was required. Under the terms...
Learn more
Closer Properties Snaps Up UES Parcels for Condo Development
Closer Properties has acquired five adjacent parcels on Manhattan’s Upper East Side in an all-cash deal for $62.5 million. The firm purchased 150 E. 79th St., 152 E. 79th St., 154 E. 79th St., 1135 Lexington Ave. and 1131 Lexington Ave. from W Financial. A sixth parcel, located at 1133 Lexington Ave., will complete the assemblage when it closes...
Learn more
Enclave Launches $200M Fund Focused on Multifamily, Industrial Assets
Minneapolis-based Enclave has launched a $200 million investment fund designed to expand access to alternative real estate investments while offering significant tax advantages and risk-mitigated opportunities for investors. Enclave’s Real Income Plus Fund is a core, open-ended fund that focuses on stabilized multifamily assets in the Midwest and Mountain West, as well as Industrial assets...
Learn more
Newmark Arranges $68M Refinancing for Maryland MF Community
Newmark has arranged a $67.5 million loan on behalf of Sentinel Real Estate Corporation to refinance Rockwell at Crown, a recently developed 335-unit multifamily community in Gaithersburg, Maryland. Newmark Multifamily Capital Markets Executive Managing Director Jim Badolato, Managing Director Rob Cantazano, Vice Presidents Greg Primiano and Deric Obeldobel and Elias Sulpizio, represented the sponsor and...
Learn more
Greystone Provides $42M Loan for Boise Multifamily Property
Greystone has provided a $42.4 million Freddie Mac loan to refinance Cortland on the River, a 237-unit multifamily community in Boise, Idaho. The transaction was originated by Clint Darby and Andrew Remenschneider of Greystone, in conjunction with BMO Bank as correspondent. Located in Ada County, Cortland on the River is a mid-rise apartment community built...
Learn more
Standard, The Vistria Group Acquire Aurora Multifamily for $93M
Standard Real Estate Investments and The Vistria Group have acquired Fox Valley Villages, a 420-unit residential rental community located in the Naperville/Aurora submarket within the Chicago MSA. Standard and Vistria acquired Fox Valley for $93.2 million and plan to preserve long-term affordability for more than half of the apartments in this community. With the acquisition...
Learn more
Eaton Vance Pays $157M for Newly Built Worcester Apartments
Morgan Stanley’s Eaton Vance Real Estate Investment Group has acquired Alta on the Row, a 370-unit apartment complex in Worcester, MA that opened in 2024, for $157 million. The Boston Business Journal reported that the property is the largest of a recent series of new apartment buildings to open in and around Worcester’s downtown. Alta...
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