News
$84M Arranged by Berkadia for Residential High-Rise in Alexandria
Berkadia arranged the refinancing of Meridian at Eisenhower, a 369-unit residential high-rise and 10,000 square feet of commercial space located in Alexandria, Virginia. Senior Managing Director Patrick McGlohn and Vice President Patrick Cunningham of Berkadia DC Metro led the financing efforts, along with Managing Director Brian Gould, Senior Director Hunter Wood, and Associate Director Natalie...
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LA Commissioners Okay $2B Fourth & Central Mega-Project
The Los Angeles Planning Commission signed off on Fourth & Central, a $2-billion mixed-use proposal that would add apartments, offices, shops and restaurants on a 7.6-acre parcel in the Skid Row neighborhood. The City Council will consider final approval later this year, reported the Los Angeles Times. The project, which would be built near the...
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Kidder Mathews Arranges Sale of Apartment Portfolio in Spokane
Oak Apartments and Elm Apartments, two historic multifamily properties totaling 52 units in Spokane’s highly sought-after Brownes Addition neighborhood, have sold for a combined $4.3 million. Max Frame, Vice President with the Simon | Anderson Multifamily Team at Kidder Mathews, represented the sellers in the transaction. Built in 1907, both buildings feature classic brick architecture...
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NYC Multifamily Investment Sales Rise 17% Y-O-Y in Q3
New York City’s multifamily investment sales market gained momentum in the third quarter, rising to $2.55 billion in dollar volume, up 14% quarter-over-quarter and 17% year-over-year, according to Ariel Property Advisors’ Q3 2025 Multifamily Quarter in Review New York City. Transactions totaled 331, up 7% from Q2 2025 and up 23% from Q3 2024. Nearly half the...
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Denver Apartment Owner Offering Free Rent, Cash Prize to Attract Tenants
Citing stiff nearby competition, a team of developers is offering one lucky tenant free rent for a year and another a $50,000 prize if the prospective renter agrees to sign a lease to live in the building by January 15, 2026. The Denver Business Journal reports the development, Akin Golden Triangle, is a partnership between Revesco...
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SFR Operating Margins Challenged by Slowing Rent Growth
Slowing rent growth due to oversupply and softening demand are weighing on single-family rental (SFR) operating margins and smaller landlords are more vulnerable to margin pressure, Fitch Ratings reported. Mounting revenue and cost challenges underscore the importance of operating efficiency and cost control for institutional SFR platform credit quality. The rating agency noted that U.S....
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Hotel, Residential Highrise Planned for Uptown Dallas
Proper Hospitality and Lincoln Property Co. are joining forces on a 34-story tower that will include 200 hotel rooms and 80 residences on the upper floors. The Dallas Business Journal reports the project, Dallas Proper Hotel & Residences, is to be built on a 4-acre site just off Cedar Springs Road. A 15,000-square-foot wellness center will also...
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Dallas Apartment Developers Eye City Loan
Hoque Global is awaiting a final vote on a $50 million loan that would enable the company to construct a 360-unit affordable housing project in southern Dallas. Hoque Global, along with Streamline Advisory Partners, aims to develop the first multifamily venture in the University Hills development. The Dallas Housing Financial Corporation recently approved the $50...
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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