Leading Canadian multi-family real estate executives are among the first winners of the ApartmenBuildings.com 100 Awards. The awards are presented by Connect CRE, Connect Canada CRE, and ApartmentBuildings.com to leading professionals across the U.S. and Canada. This year marked the first time that the awards were distributed. The ApartmentBuildings.com 100, honour advancement and achievement in the broadly...
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Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has sold its land-lease interest in International Plaza, a mixed-use property in North Vancouver, B.C., to Nch’ḵay̓ Development Corporation for $54.2 million. Built in 1975, the unencumbered International Plaza includes 471 residential suites and 11 commercial units totalling more than 65,000 square feet of leasable space. Nch’ḵay̓...
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Northmarq’s Newport Beach Debt + Equity team secured $50.121 million in financing for River House Apartment Homes, a 240-unit garden-style apartment community built in 1987 and located in Santa Ana. The team led by Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao arranged financing on behalf of Advanced Real Estate, which acquired the property in November 2020 and executed a...
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Northmarq’s Midwest Multifamily Investment Sales team completed the sale of Stoney Pines Apartments, a newly constructed 128-unit multifamily community located in Barnhart, Missouri, within the St. Louis MSA for more than $20 million. Northmarq’s Parker Stewart, Dominic Martinez, Alex Malzone and Charlie McKee represented the seller, a local developer. The buyer was Storyboard Living. “Stoney...
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Volumetric Building Companies, a Philadelphia based provider of modular design and construction, is nearing completion of The Astir Callowhill. The project is VBC’s largest self-developed project to date in Philadelphia. The Astir Callowhill is located at 1314 Spring Garden Street. It is seven-story and includes 149 units with retail space on the ground level. VBC...
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The City of Boston and the Fenway Community Development Corporation (CDC) commemorated the opening of Burbank Terrace Apartments. The project created 27 new income-restricted apartments in the East Fens neighborhood and is the nonprofit Fenway CDC’s first ground-up construction in two decades. In 2021, with support from the city and state, Fenway CDC purchased the...
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Lee & Associates arranged the sale of the Dover Apartments, a 59-unit multifamily property located at 901 6th Avenue in downtown Seattle. Originally constructed in the early 1900s, the building offers a rare combination of vintage architectural character and a walkable urban location. This transaction was brokered by Candice Chevaillier, Daniel Lim, Dea Sumantri, and...
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Lionheart Strategic Management, an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, and Schroders Capital, has provided acquisition and pre-development financing, in partnership with Forbright Bank, to Stonebridge, The Bernstein Companies, and Criterion Capital, for the redevelopment of 1990 K Street NW. The 14-story, 297,000-square-foot office building is located in Washington,...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California