News
North Providence Apartments Trade to FPA Multifamily
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler completed the $52.5-million sale of Residences at Brentwood, a 240-unit apartment community in North Providence, RI. CBRE represented the seller, TMI The Residences at North Brentwood, an affiliate of Wellesley-based Taymil Partners, and procured the buyer, FPA Multifamily, LLC. Residences...
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TruAmerica Multifamily Acquires Seattle Metro Apartments
TruAmerica Multifamily has acquired two apartment communities, including the Archstone Redmond Lakeview property in the Seattle metro area. CBRE’s Eli Hanacek, Kyle Yamamoto, and Mark Washington facilitated the transaction. TruAmerica also bought the Park Tower Apartments & Townhomes in the Phoenix metro. Together, these acquisitions total 423 units and expand TruAmerica’s Pacific Northwest and Southwest...
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JV Breaks Ground on Townhouse-Style Apartments in Central Morris County
A joint venture between CrownPoint Group Inc. and Crossroads Companies has broken ground on a townhouse-style apartment development located in Randolph, NJ, which will feature 125 luxury homes. The community, known as Liberty Village, is located along an emerging town center at the intersection of West Hanover Avenue and Sussex Turnpike in central Morris County. Liberty Village will include 100 market-rate homes and 25 age-restricted affordable apartments, all with luxury appointments, according to the JV. The majority of units will feature bi-level living, coffered ceilings...
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Kidder Mathews Completes Exchange of MF Portfolio in Shoreline
The Simon | Anderson Multifamily Team at Kidder Mathews completed an exchange on behalf of longtime client John Stephanus, selling four legacy properties in the Seattle area and purchasing The Postmark Apartments, a 243-unit contemporary community in Shoreline, Washington. Dylan Simon, Jerrid Anderson, Matt Laird, and JD Fuller represented John Stephanus as the buyer in...
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Homes for America Breaks Ground on Baltimore Housing Development
Homes for America recently celebrated the official groundbreaking of Clare Court II, an 83-unit affordable housing development at 3725 Ellerslie Avenue in Baltimore’s Waverly/Ednor Gardens-Lakeside neighborhood. Clare Court II is among the first projects in Baltimore supported by the City’s Housing Accelerator Fund and HOME-ARP resources. Additional financing comes from the Maryland Department of Housing...
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Essex Realty Facilitates $18M Sale of Uptown Mixed-Use Property
Chicago-based Essex Realty Group has completed the sale of The Maynard at 1325 West Wilson Avenue, a 121-unit mixed-use building located in Chicago’s Sheridan Park neighborhood. The asset sold for $18.5 million, marking one of the largest multifamily transactions in Uptown in 2025. Essex Managing Director Matt Feo and Principal Jordan Gottlieb exclusively listed the...
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Douglas Emmett Secures $941M in Loans on Apartment Properties
(Updated with additional information) Office and apartment REIT Douglas Emmett, Inc. said Monday it had obtained a total of $941 million in new loans covering eight residential properties in Southern California. The new secured, non-recourse, interest-only loans mature in September 2030 and bear interest at a fixed rate of 4.80%. The Santa Monica-based REIT did...
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Clarke Obtains New $250M Credit Facility for Talisman Project’s Construction
Clarke has secured a new $250-million credit facility to refinance, and advance construction at, its Talisman multi-family development project in Ottawa. Clarke has also refinanced an unidentified residential investment property in St. John’s, N.L. The Talisman financing includes a $115-million term loan, partially used to repay the existing $85-million construction loan from the completed first...
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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