News
A New Angle on Multifamily Amenities: Sustainability. Q&A with PearlX’s Simon Herrmann
Simon Herrmann Multifamily developers, owners, and operators are engaging in an amenity war to attract tenants and boost net operating income. This has meant significant capital investments in rooftop lounges, business centers, self-service bike maintenance shops and dog runs. While such features seem to attract more tenants in theory, Simon Herrmann, Senior Vice President at...
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North Development Lands $220M C-PACE Loan for Miami Residences
North Development secured a combined $220 million in C-PACE (Commercial Property Clean Assessed Energy) and mortgage construction financing for the development of Domus Brickell Center. North says the financing is the largest ground-up C-PACE construction loan in South Florida to date. Bayview PACE structured approximately $180 million in financing, while Core Capital provided an additional $40...
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Miami River Apartments Trade for $108M
Mast Capital and AEW Capital Management have sold The Remi on the River, a year-old apartment complex in Miami. It sold for $108.3 million, or about $317,000 a unit. The 342-unit apartment complex at 999 N.W. 7th St. to Dorado was bought by Valeris Capital. Commercial Edge reports Northwestern Mutual Life Insurance Co. provided a...
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RangeWater Building 7th Atlanta Rental Property
RangeWater Real Estate has broken ground at The Greene, a multifamily development in Lawrenceville, Ga., 30 miles northeast of Atlanta. This development is RangeWater’s seventh project in Atlanta’s suburbs and the company’s 28th in Georgia. RangeWater is developing the community in partnership with Kinea Investimentos, a Latin American investment company. Spanning 21 acres, The Greene marks RangeWater Construction’s (the...
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Duluth, Suwanee Rental Assets Included in $125.5M Refi
JLL Capital Markets arranged $125.5 million in refinancing for the MAG Portfolio, a three-property multifamily collection featuring two Class A garden-style apartment communities in the Atlanta metropolitan area, and one in Austin. JLL worked on behalf of the joint venture between Myers Apartment Group and Torchlight Investors to secure the floating-rate loan through Greystar. Highlands at...
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Greystone Secures $286M Refi on Northern NJ Residential Portfolio
Greystone arranged a $285.7-million bridge loan on behalf of Capodagli Property Company to refinance a four-property Class A multifamily portfolio across Northern New Jersey. The newly built portfolio includes more than 1,000 residential units and 30,000 square feet of retail space in transit-oriented submarkets. The properties include the 106-unit Meridia Village Commons in South Orange,...
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Saroukian Sells Central Parc Laval to Boardwalk for $249M
Boardwalk REIT has completed its acquisition of a large multi-family complex in Laval, Que., from the Saroukian Group for $249 million. According to Avison Young, the transaction is the largest completed multi-family deal in Quebec this year. Avison Young represented Saroukian in the transaction. “This is a terrific investment opportunity because the properties are fully...
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People & Companies News for Week Ending October 3, 2025
Jacob Cohen has been promoted to president at the Daniels Corporation. Mitchell Cohen has relinquished his president role but remains as CEO. In other company moves, Ginette Battika has been appointed as chief operating officer. and Gokul Pisharoty has become chief construction officer. Odyssey Retail Advisors has added four industry veterans as part of the...
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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