News
Report: Seattle’s Buying Premium Surges 70% Since Pandemic
Approximately 1.8 million U.S. renter households can no longer afford the median-priced home in their market due to the less affordability of homeownership over the past five and a half years, according to a recent report from CBRE. With more renter households unable to afford homeownership, CBRE forecasts that multifamily occupancy rates will remain higher...
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JPI Helming Bond-Funded Denton Housing Deal
JPI announced the recent groundbreaking of Jefferson Bonnie Brae, a 461-unit workforce housing community located at N Bonnie Brae St & Bronco Wy, Denton (photo). The $132 million project marks the second-ever bond-funded deal completed in Texas’ history, setting a precedent for innovative financing structures that increase housing supply for essential workers like teachers, nurses and public...
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This Week, Nadji Tells Apartment Executives: Ten-Year Market Fundamentals Remain Strong. Watch Now. (VIDEO)
At a Connect Apartments event 10 years from now, the industry will be able to look back on a decade of growth, predicted Hessam Nadji, president and CEO of Marcus & Millichap. In a presentation on investment strategies at Connect Apartments 2025 in Los Angeles, Nadji advised the audience, “Keep the eye on the long term” while acknowledging near-term issues,...
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Hanover Debuts 40-Story Autry Park High-Rise
Hanover Company, along with its partner Mitsui Fudosan America, completed work on and opened Hanover Buffalo Bayou, a 40-story high-rise apartment complex at the 14-acre mixed-use development Autry Park. It consists of 317 luxury units with an average square footage of 1,276 and nearly 5,000 square feet of ground-floor retail space. Autry Park already boasts...
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Hillpointe Inks Financing for 276-Unit Macon Rental Community
Hillpointe has closed on a $37.17 million loan to refinance Pointe Grand Macon, a two-year-old 276-unit multifamily community in Macon. Mitch Sinberg of Berkadia Boca Raton and Wesley Moczul of Berkadia Orlando, along with Brad Williamson, Scott Wadler, and Matthew Robbins, secured the financing on behalf of Hillpointe. Berkadia originated the Freddie Mac-backed seven-year,...
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Grupo T&C Approved for 56-Story Miami Home-Sharing Project
Edge House Miami, a 56-story luxury home-sharing tower, received approval from the City of Miami’s Urban Development Review Board. The decision paves the way for the unique project at 1825 NE 4th Avenue in Miami’s Edgewater neighborhood. Grupo T&C is developing the project. Edge House allows owners to engage in short-term rentals. Edge House Miami...
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Related Delivers 118-Unit Pompano Beach Condo Community
Related Group completed Casamar, a boutique, oceanfront condominium at 900 N. Ocean Boulevard in Pompano Beach. The 118-residence property marks Related’s second condominium delivery in Pompano Beach, following the Solemar, completed in 2023. The project is designed by Arquitectonica with interiors by Rockwell Group. Nearly all residences are now occupied. With 300 feet of shoreline, Casamar’s residences span 1,000 to...
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Ontario Judge Freezes iPro Assets Amid Misappropriated Funds Scandal
An Ontario court judge froze shuttered brokerage firm iPro Realty’s assets on Monday. Judge Peter Black granted the Real Estate Council of Ontario’s request to do so after the brokerage was closed in August after admitting that it mishandled $10.5 million worth of client and realtor funds. The company has paid back $3 million. RECO...
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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