News
Midtown Capital Closes $57M Refi on Lake Worth Rental Community
Midtown Capital Advisors closed on a $57 million pre-TCO loan to refinance the existing construction loan on Astor Sound at Lake Worth, a 230-unit, garden-style apartment community in Lake Worth, Florida that is nearing completion. Berkadia’s Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins, and Patrick Johnson secured the financing on behalf of Midtown. Infinity...
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Related Obtains $92.6M Loan for Riviera Beach Apartments
The Related Group is moving ahead on the Residences at Marina Village, the first “Class-A” mixed-income development in Riviera Beach. The eight-story public-private development represents a concerted effort by the town, Related Urban, and Tezral Partners to ease Riviera Beach’s workforce housing shortfall. The project will anchor Riviera Beach’s new Marina Village Master Plan, a...
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Thousands of Ontario Civil Servants Request RTO Exemptions
Thousands of Ontario government employees are seeking to avoid having to return to work in the office. The Globe and Mail reported that more than 9,000 provincial employees want to keep working from home as Premier Doug Ford’s government invokes a return-to-office mandate, including those who have already been granted exemptions and those who are...
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Century Group Scales Back Tsawwassen Town Centre Project
Century Group has unveiled a significantly scaled-back plan for its proposed Tsawwassen Town Centre redevelopment project in Delta, B.C. The revised proposal reduces building heights by 25% and cuts the number of homes by 57%, to about 600 from 1,433. The changes reflect community feedback while still aligning with Delta’s Official Community Plan and provincial...
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G2S2 Enlarges Calgary Footprint with Class A Office Tower Acquisition
G2S2 Capital through its Armco Group of Companies affiliates, has acquired First Tower, a 28-storey Class A office building in downtown Calgary. The 729,760-square-foot property is located at 411 1st Street S.E. The site includes 688,106 square feet of office space and 41,654 square feet of retail and amenity space. Originally built in 1982, it...
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Goodman Among First ApartmentBuildings.com 100 Award Winners
Mark Goodman, co-founder of Goodman Commercial, is among the first winners of the Apartment Buildings.com 100 Awards. He was honoured in the Dealmakers of the Year category. Read about how he stands out among his peers in the Canadian multi-family sector. By Amy Wolff Sorter Mark Goodman has specialized in multi-family sales in Vancouver for more...
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Attleboro Apartments Trade as “Unique Value-Add Opportunity”
Marcus & Millichap closed the $5.6-million sale of the Elizabeth Court Apartments, a 26-unit multifamily property located in Attleboro, MA. Senior managing directors Evan Griffith and Tony Pepdjonovic represented the seller and procured the buyer. “Elizabeth Court was a unique value-add opportunity, as the apartments and property were well maintained by the sellers, yet their rents...
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Carpenters and Joiners, Fiera Launch $800M Investment Platform
Fiera Capital and the Canadian District of the United Brotherhood of Carpenters and Joiners of America have launched an $800-million infrastructure and real estate investment platform. The initial funding commitments will be split evenly between infrastructure and real estate, with a goal of surpassing $1 billion in assets within three years. The platform is designed...
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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