News
August NL Wildfire Caused $70M in Commercial, Residential, Infrastructure Damages
An August wildfire in Kingston, NL caused doubt $70 million in insured losses, says the Insurance Bureau of Canada. The fire ignited on August 3 in the Conception Bay North region and spread quickly across at least nine communities on the western side of the bay. Around 3,000 residents were forced to evacuate as homes,...
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Eeyou, JHD to Offer $400M for Downtown Montreal Hudson’s Bay Store
The James Bay Eeyou Corporation and JHD Immobilier plan to bid $400 million to acquire the historic former Hudson’s Bay store building in downtown Montreal, with a vision to transform the landmark into a museum and cultural hub celebrating Cree heritage. The property is located at at 585 Sainte-Catherine Street West. It is held in...
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Mixed Use: Going Beyond the Buildings
Pictured: Avalon, Alpharetta, GA, developed by principals at Toro Development Mention the real estate term “mixed use,” and what might come to mind are storefronts, apartment communities and mid-rise or high-rise office buildings. According to Toro Development Company’s Mark Toro, many mixed-use projects get the buildings right. However, “far fewer get the ‘software’ right—the pedestrian...
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JLL Arranges $114M Financing for Patchogue Multifamily Development
JLL Capital Markets arranged a $114.2-million construction loan for 214 West Main St., a planned multifamily development in Patchogue, NY. Senior managing directors Peter Rotchford and Jose Cruz, managing director Jesse Wright, and senior directors Nicco Lupo, Ryan Robertson and Clayton Ross represented the borrower, a joint venture between Nord Development Group and ACRE. The...
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People & Companies News for Week Ending September 19, 2025
JLL has appointed Jillian Jackson as senior vice-president of investor services. She will oversee the execution of comprehensive capital expenditure programs for landlord clients across Canada, managing all project stages – from initial planning and advisory through completion. Jackson will work closely with JLL’s capital markets and investment management teams. Meanwhile, Nick Radford has joined the company...
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Luxury Apartments in La Jolla Secure Loan Modification
Gantry secured a loan modification with improved loan terms reflecting property stabilization at the boutique luxury 801 Pearl class A apartments located at 801 Pearl St. in La Jolla Village. The modification assignment followed Gantry’s role securing construction financing in 2022 and construction take-out financing in 2024. Principal George Mitsanas and director Doug Tisdale with...
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National Housing Starts Rise Yearly, Fall Monthly
Housing starts in Canada’s largest markets rose 10% in August; however, a monthly decline indicates that the market is slowing down, says the Canada Mortgage and Housing Corporation. Actual housing starts in Canadian centres with populations of 10,000 or more rose 10% year-over-year to 22,156 units in August, CMHC reported. But the total seasonally adjusted annual...
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CBRE Arranges Sale of New BTR Communities in Minnesota
CBRE has arranged the sale of two build-to-rent (BTR) communities totaling 170 units in Woodbury, Canvas at St. Croix and Canvas at Woodbury. The properties were purchased from a joint venture between Watermark and PCCP, LLC, for an undisclosed amount. CBRE’s Ted Abramson, Keith Collins and Abe Appert represented the seller in the transaction. “BTR...
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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