Jeffrey Dunne, Eric Apfel, Stuart MacKenzie and Travis Langer of CBRE closed the sale of The Mill, a trophy mixed-use property in Greenwich, CT. CBRE represented the seller, The Mill Owners Company LLC, and procured the purchaser. The $97.5-million sale represents the largest single-asset apartment community sale in Greenwich history since Putnam Green in 2006,...
Learn more
Marcus & Millichap has brokered the sale of River Shore Apartments, a 48-unit multifamily property in South Bend, Indiana, for $4.3 million. “River Shore Apartments is a beautiful property with views overlooking the Saint Joseph River, located just one mile from IU South Bend and Bethel College,” said Jack Friskney, director investments. “With 5.3% rent...
Learn more
United Properties announced that Amira Lake Elmo, its newest 55-plus active adult rental community, received its certificate of occupancy. This achievement marks a significant milestone in the project’s journey, allowing United Properties and Great Lakes Management to welcome their first resident. Located near Woodbury in Lake Elmo, Minnesota, the community offers studios to three-bedroom layouts....
Learn more
Oxford Properties Group and CBRE will make key leadership changes this fall. Eric Plesman will become president and CEO of Oxford on November 3. He will succeed Daniel Fournier, who will step aside from the role but continue providing strategic counsel into 2026 to ensure a smooth transition. Meanwhile, Paul Morassutti, who chairs CBRE’s Canadian...
Learn more
With city and state officials in attendance, Gilbane Development, Blue Sea Development and Artspace Projects, Inc. broke ground Tuesday on the Brownsville Arts Center & Apartments (BACA) project. Located on a city-owned site at 366 Rockaway Ave. in Brooklyn’s Brownsville neighborhood, BACA will create 283 new affordable rental apartments and a 28,000-square-foot cultural arts center...
Learn more
The NRP Group is eyeing a 336-unit affordable multifamily residential community at 1400 N. Promenade Pkwy. in Casa Grande. The project will be financed under the 4% Low-Income Housing Tax Credit program. Final local government approval is expected soon. AZBEX reports that the land, now farmland owned by Walton Global Holdings, is part of a 591-acre master plan....
Learn more
MG Properties acquired Ovation at Galatyn Park, a 361-unit apartment community located at 2323 Plaza Blvd in Richardson, Texas. It opened in March of 2024. The sellers, which included Legacy Partners and an institutional partner, were represented by Daniel Baker, Johnathan Makus, Kevin O’Boyle and Chandler Sims of CBRE. CBRE Capital Markets’ Andrew Behrens, Jesse Weber, and...
Learn more
CI Global Asset Management has agreed to acquire Forge First Asset Management, an alternative-asset manager with about $1 billion in assets under management. Forge First manages funds that invest in North American securities, including those tied to commercial real estate, using a long-short approach. The company will continue to operate under its current name. Terms...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California