News
U.S. Apartment Rent Growth Turns Negative for September
U.S. multifamily advertised rents fell $6 to an average of $1,750 in September in the worst one-month drop since November 2022 and the worst September decline since 2009, Yardi Matrix reported. The September results follow flat rent growth in August and “tepid” gains in July. September also represented a 30-basis-point decline in annual growth to...
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Johnson Capital Obtains Loan for 229-Unit Shenandoah Rental Community
Johnson Capital Multifamily, LLC (JCM) closed an FHA-insured construction-to-permanent loan for The WoodLofts, a 229-unit luxury multifamily community in Shenandoah, Texas. A joint venture between Buckhead Investment Partners, Inc. and Juniper Investment Group is developing the WoodLofts. Financed through FHA’s 221(d)(4) multifamily mortgage insurance program, the non-recourse loan carries a 40-year fully amortizing term with...
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Calgary Multi-Family Market Showing Strong Momentum
Calgary’s multi-family investment market is showing strong momentum in 2025, with year-to-date sales volume already approaching the full-year total for 2024, says a new Avison Young report. Thus far in 2025, investment sales dollar volume has reached approximately $700 million and could surpass the roughly $750 million full-year 2024 investment total. “Calgary’s multi-family market has...
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Canadian Apartment Rents Decline for 12th Straight Month
Canada’s residential average rent dropped year-over-year for the 12th straight month in September, falling to $2.123. The average asking rent for all residential properties declined 3.2% year-over-year, says a new report from Rentals.ca and Urbanation. As a result, average asking rents have reached a two-year low for the first time since January 2022. The declines...
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Material Capital Partners Expands to KC With $78M BTR Project
Material Capital Partners has secured $77.8 million in project financing and started construction on Harmony at Clear Creek, a 188-unit build-to-rent residential community in Shawnee, Kansas, just southwest of Kansas City. The closing marks a major milestone for Material Capital Partners as it expands into the Midwest and completes the final investment from its BTR...
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Pacific Park Advances with Co-Developers Named for Brooklyn Mega-Project
U.S. Immigration Fund (USIF), a leading EB-5 Regional Center, announced a new development team to advance the mixed-use Pacific Park (formerly known as Atlantic Yards) project in Downtown Brooklyn. Cirrus Real Estate Partners and LCOR have been selected as co-developers on the 22-acre project, which was launched in 2003. Empire State Development and the Metropolitan...
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Dinerstein Launches First Apartment Project in Orange County
The Dinerstein Companies (TDC) unveiled development plans for its newest property, Atlas Fullerton, a 329-unit, five-story Class A multifamily development. Houston-based TDC is developing propertiesacross the nation, and Atlas Fullerton is the first of its kind in Orange County. “We are very excited to introduce Atlas Fullerton, primely situated near an abundance of retail,restaurants and...
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CBRE, Compass Tapped to Market DC’s Historic Embassy Row Properties
CBRE and Compass have been retained to market two landmark properties at 2234 and 2232 Massachusetts Avenue NW on D.C.’s Embassy Row. CBRE is leading the sale of 2234 Massachusetts Avenue NW, a Beaux-Arts office building formerly serving as the Irish Embassy. Compass has partnered with CBRE to co-market 2232 Massachusetts Avenue NW, a neighboring...
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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