News
Chartwell to Acquire 950 Quebec Seniors Suites for $315.2M
Chartwell Retirement Residences has agreed to acquire three Quebec seniors homes for $315.2 million as part of its ongoing growth program. The Mississauga, Ont.-based company announced that it has agreed to purchase 950 suites altogether. The assets include: Résidence L’Aubier in Lévis (376 suites for $128.2 million); Résidence Panorama in Laval (238 units for $76...
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Fitness, Apartment Venture Slated for PV
Life Time Living and Keebeck Real Estate are partnering on an upscale, lifestyle multifamily residence in Paradise Valley. The 11-story complex will be going in at the 100-acre transformation of the former Paradise Valley Mall led by Red Development. The PV Life Time Living community will be linked to a new Life Time Fitness by a dedicated...
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Hines Eyes Charlotte for Major Redevelopment Project
Hines has its sights set on a 3.87-acre property in SouthPark to redevelop into something much larger. The site, currently a single-story retail building, could eventually be developed into a mixed-use complex featuring residential and office spaces, as well as above-ground-floor retail and restaurants. Hines will need a rezoning to make that happen. The Charlotte...
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250-Unit Beltline Affordable Rental Project Open to Tenants
Exact Capital and Aleem Construction delivered the Skyline Apartments, an 11-story, 250-unit development along Hank Aaron Drive. All of the apartments will be rented at prices affordable to residents earning at or below 60% of the area median income. Financing was provided by Invest Atlanta, Goldman Sachs, Stonehenge, Local Initiatives Support Corp. and Walker &...
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Walker & Dunlop Arranges $238.4M Financing for Forma Miami
Crescent Heights obtained a refinancing in the amount of $238.4 million for Forma Miami, a newly built, Class-A+ multifamily building located in the Edgewater neighborhood of Miami. Walker & Dunlop Capital Markets, led by Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Michael Stepniewski and Michael Ianno, arranged the permanent refinance. The fixed-rate loan was provided via Freddie Mac’s Lease-Up program....
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Berkadia Arranges Refinancing of St. Louis Apartments
Berkadia arranged a $15.4 million loan to refinance Pure St. Peters, a 143-unit multifamily community located in St. Peters, a suburb northwest of St. Louis, Missouri. Senior Managing Director Charles Foschini, Managing Director Christopher Apone, and Associate Director Shannon Wilson of Berkadia Miami secured the financing on behalf of the sponsor, Tilden Legacy Pure St....
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Invictus Lends $60M on Plainfield Mixed-Use Development
Real estate private equity company Invictus Real Estate Partners and its capital partners closed a $60- million ground-up construction loan for a mixed-use development in Plainfield, NJ. Cushman & Wakefield’s Brian Anderson arranged the financing on behalf of Ramani Group, a leading New Jersey-based developer. Known as The Bishop, the project at 401 E. 3rd St....
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California Forever Team Proposes Building within Expanded Suisun City
California Forever has submitted a formal application to build a new city of 400,000 people as part of the expansion of Suisun City within Solano County. The tech billionaire-backed California Forever initiative has been working with Suisun City’s municipal government, which has expressed interest in annexing land to create more cash flow. The San Francisco...
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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