News
Segal Receives Apartment Buildings.com 100 Innovator Award
Sarah Segal, founder of Toronto-based simplydbs, is among the first winners of the Apartment Buildings.com 100 Awards. She was honoured in the Innovators of the Year category. Read about how she stands out among her peers in the Canadian multi-family sector. By Amy Wolff Sorter Sarah Segal co-founded simplydbs, which provides circular feedback solutions and surveys...
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Beacon Communities Names New SVP. Development
Beacon Communities promoted LeAnn Hanfield Curtin to SVP, development. Curtin will lead the development team in Beacon’s Boston corporate office and oversee the company’s affordable and mixed-income residential projects in Massachusetts and Connecticut. She will also join the company’s senior leadership team. With more than 15 years of experience in real estate and affordable housing, Curtin has...
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Northmarq Arranges $54M Refi on Folsom Apartments
Northmarq’s Newport Beach Debt + Equity team arranged $53.72 million in financing for Fairmont at Willow Creek, a 260-unit garden-style apartment community located at 200 S. Lexington Dr. in Folsom. Led by Joe Giordani, Alex Kane, Brendan Golding and Alvin Cao, the team arranged financing on behalf of the borrower, CWS Capital Partners LLC, through Northmarq’s in-house Fannie Mae DUS team. The transaction was...
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Legacy, PGIM Acquire Former Student Housing from Azusa Pacific U.
Legacy Partners and venture partner PGIM have acquired University Village, a 320-residence garden-style apartment community at 801 E. Alosta Ave. in Azusa, for $92 million. The seller was Azusa Pacific University, which used the property as residence halls for students. The community will be rebranded as Citrus Place Apartments and be available for leasing by the end of...
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Canada Lands Company Plans 8,500 New Residential Units in Greater Montreal
Canada Lands Company has announced plans for three new major residential communities totalling 8,500 units in the Greater Montreal Area. The redevelopment projects are intended to meet pressing demand for housing and drive development of inclusive well-integrated neighbourhoods, said CLC. “Transforming three exceptional sites into mixed, sustainable, and accessible neighbourhoods will help build the Montreal of tomorrow,”...
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NRP-Led JV Launching $133M Las Vegas Rental Community
The NRP Group announced the financial closing and groundbreaking of a $133 million, 390-unit luxury residential community in Las Vegas, developed in partnership with Haseko North America. Located at the northeast corner of West Maule Ave. and Gagnier Blvd., the site is directly across from the Durango Casino & Resort and adjacent to The UnCommons,...
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Developer Duo Breaks Ground on $1B Telluride Residence/Resort Venture
Merrimac Ventures and Fort Partners have broken ground on a $1 billion project and closed a landmark construction financing package. The project, developing the Four Seasons Resort and Residences Telluride, is on a premier 4.4-acre site in Mountain Village. The developers successfully closed on the land and obtained a $417 million construction loan from J.P. Morgan with additional...
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Buckhead Apartments Converting to Condos
Crescent Heights is converting a high-rise apartment building at 2460 Peachtree Road into condominiums. The Atlanta Business Chronicle reports the property has changed hands several times over the years. Crescent Heights’ purchased the development last November for just over $55 million. It was built in 1984 The redeveloped property, called Panorama, will feature 236 one-...
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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