News

Related Launches Leasing for Tuxedo Luxury Rentals

New York & Tri-State + Apartment Buildings

Related Companies has officially begun its first phase of leasing for residences at The Village at Tuxedo Reserve, the mixed-use town center in the 1,200-acre Tuxedo Reserve community in New York’s Hudson Valley. Located 30 miles from Manhattan in Tuxedo, NY, the 336 luxury rental apartments will be integrated amid retail, dining, public gathering spaces, and...

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Harrison Street, U. of San Diego to Partner for On-Campus Housing

California & West + Student Housing

Harrison Street Asset Management and The Michaels Organization have formed a public-private partnership agreement with the University of San Diego to build the Presidio Terrace Apartments, a planned new $230-million, 321-unit, 700-bed on-campus student housing development. The investment represents the first transaction completed through Harrison Street’s dedicated public-private partnership strategy, as well as USD’s first-ever...

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Burlington Pushes Back On 2,713-Unit Aldershot GO Development

Canada + Apartment Buildings

Burlington is pushing back on Ontario’s proposed 2,713-unit redevelopment beside Aldershot GO, arguing the six-tower project puts too much of the area’s planned housing on a small piece of provincial land without enough jobs, parkland or supporting infrastructure. Infrastructure Ontario’s plan for 119 Masonry Crt. would redevelop Metrolinx-owned land beside the station with six residential...

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Investor Duo Lands Refi for 389-Unit Phoenix Rental Property

Phoenix & Southwest + Apartment Buildings

Bridge Investment Group and Hatteras Sky inked a $130 million bridge refinance for SAIYA, a newly built, 389-home, Class A mixed-use development located in Downtown Phoenix’s Roosevelt Row Arts District. Dwight Investment Management, an affiliate of Dwight Capital originated the financing. Completed in 2025, the 23-story high-rise offers a mix of studios, one-, two-, and three-bedroom units. The...

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M&T Realty Capital Corp. Closes $50M Bridge Acquisition Loan for Foggy Bottom Multifamily

Washington DC + Apartment Buildings

M&T Realty Capital Corporation (M&T RCC) announced the closing of a $49.8 million bridge acquisition loan for Varsity on K, a 197-unit multifamily property located in the Foggy Bottom neighborhood of Washington, D.C., adjacent to George Washington University.  The financing will facilitate the acquisition and stabilization of the property by HH Fund, a repeat M&T...

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Rice Planning 24-Story Multifamily Community

Texas + Apartment Buildings

Rice University revealed plans for a massive 24-story housing project not far from the school’s football stadium. The $170 million project will also include retail space. The project, dubbed Gateway Residences, will be near Rice Village, a popular retail district just off campus. The residential tower will be built by an outside developer. The project...

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Newmark Arranges $55M Refinancing for Seattle Multifamily Property

Seattle & Northwest + Apartment Buildings

Newmark has arranged a $55 million loan on behalf of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald to refinance Swell Apartments, a 200-unit multifamily community in Seattle, Washington. Newmark’s Co-Head of Global Debt & Structured Finance, Jordan Roeschlaub; Vice Chairman, Chris Kramer; Senior Associate, Sam Speciale; and Analyst, Lance Tillman arranged the financing...

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RISE Obtains $101M Bridge Loan for Jacksonville Apartments

Florida & Gulf Coast + Apartment Buildings

BWE secured a $101 million bridge loan with HPS, a part of BlackRock, to refinance RISE at Glen Kernan Park, a newly delivered 308-unit luxury active adult (55+) community in Jacksonville, Florida. BWE’s Andy Effler headed up a team made up of Sam Miller, Conor Lee, Paul Smith, Chad Kiner and AJ Mangan. The non-recourse, floating-rate...

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