News
Orlando Developer Inks $61.3M Financing for 265 Rental Units
Berkadia arranged a $61.3 million loan for the construction of The Yard at Brookhaven, a new 293,000-square-foot mixed-use residential community near downtown Orlando, Florida. Marc Sumner of Berkadia Orlando arranged the financing on behalf of Real Estate Inverlad Development (REID). Commercial Edge reports City National Bank provided a three-year, adjustable-rate loan. The deal closed on September...
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Unicorp Lands $168M Construction Loan for Orlando Apartments
Centennial Bank has closed a $168 million construction loan to launch the next two phases of Glasshouse at O-Town West. Unicorp National Developments is helming the three-building multifamily development located at 11804 Glass House Lane in Orlando. The transaction brought the lender’s cumulative loaning with the developer past the $1 billion mark. Commercial Edge reports that...
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DivcoWest Partnership Acquires Class A San Francisco Multifamily
DivcoWest has acquired a Class A, 137-unit multifamily building located at 830 Eddy in San Francisco’s Cathedral Hill neighborhood. The building was acquired in a partnership with JB Housing Ventures. Although DivcoWest did not disclose the seller or purchase price, the San Francisco Business Times reported that Mitsui Fudosan sold 830 Eddy for $43.3 million. “This...
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DNR Transfers Land to Pierce County for Affordable Housing
The Washington State Board of Natural Resources has approved a transfer of approximately a half-acre of state trust land to Pierce County for future affordable housing. The parcels in Tacoma have been zoned for residential use and will be utilized for future affordable housing. “We continue to innovate and diversify how our lands generate revenue...
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Winter is Coming: Take Care of those Multifamily Outdoor Amenities
Labor Day, the start of meteorological fall and the equinox are firmly in the rear-view mirror. Meanwhile, colder temperatures, ice and snow aren’t too far off in the future. Alexandra LaFlam The good news is there’s still time for multifamily owners and operators to “winterize” outdoor amenity areas (think courtyards, swimming pools, rooftop terraces, fire...
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Newmark Expands Multifamily Team with Portland Addition of Frank Solorzano
Newmark’s Western U.S. multifamily capital markets team has expanded its footprint to Portland with the addition of Frank Solorzano as Managing Director. Solorzano will collaborate closely with Executive Vice Chairman Joseph Smolen and Vice Chairmen Nick Kucha, Geoff Boler and others in advancing the team’s multifamily investment sales and equity placement work across the West....
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MONTICELLOAM Finances $38M Bridge Loan for VA Apartments
MONTICELLOAM, along with a firm affiliate, closed a floating-rate loan of $37.85 million for an apartment complex located in Virginia. The financing was originated by MONTICELLOAM Managing Director Chris Hetzel and was facilitated by Jamie Leachman, Reina Abboud, and Sydney Powell, based in JLL’s D.C. office. “This closing highlights our team’s ability to execute tailored...
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People & Companies News for Week Ending October 10, 2025
Ted Willcocks has joined Skyline as its new executive vice-president of capital raising. In his new position, he will lead Skyline’s growth strategy by uncovering new opportunities, strengthening institutional investor relationships, and driving innovation to deliver long-term value for our investors, said the company. Willcocks has about three decades of real estate asset management and...
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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