News

Eastern Washington’s Apartment Market Shows Resilience

Seattle & Northwest + Apartment Buildings

Kidder Mathews has released its Q3 2025 Eastern Washington Apartment Market Dynamics report, which includes the latest sales data for 20 counties, including Spokane, Benton, Franklin, Chelan, and Yakima. Compiled by Vice President Max Frame of Kidder Mathews’ Simon | Anderson Multifamily Team, key insights from the study include that the region saw a strong...

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2025 Canadian Women in Real Estate Award Nominations Now Open

Canada + Apartment Buildings

Connect has launched the Third Annual Canadian Women in Real Estate Awards. Do you know a woman in Canadian commercial real estate who stands out for her professional excellence and inspirational leadership? If so, we’d like to hear from you. Nominations are now open, and we welcome your input. CWIRE Awards will honour Canadian women...

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DCHFA Funds New Seniors Housing Project in DC

Washington DC + Apartment Buildings

The District of Columbia Housing Finance Agency (DCHFA) issued $22.6 million in tax-exempt bonds, underwrote $17.2 million in federal and $3.6 million in DC Low Income Housing Tax Credit equity for the construction of Wagner Senior Residences. “DCHFA is proud to invest in the future of the Skyland neighborhood by financing affordable senior housing that...

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OPTrust Acquires Westbank’s 50% Stake in Sen̓áḵw Project

Canada + Apartment Buildings

OPTrust has acquired Westbank’s 50% interest in phases one and two of the Sen̓áḵw development project in Vancouver’s Kitsilano area. The Squamish Nation retains a 50% interest in these phases and will hold 100% ownership of future phases three and four. The major redevelopment project is located at the entrance to False Creek, adjacent to...

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Developer Trades Hanover Apartments for Reported $156M

Boston & New England + Apartment Buildings

A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler closed the sale of Hanover Crossing Residences, a 297-unit apartment community located in Hanover, MA, reportedly for $156 million. CBRE represented the seller, The Hanover Company, a Houston-based real estate developer active nationwide. CBRE also procured AEW Capital Management, which...

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368-Unit Value-Add Property Changes Hands in Tucson

Phoenix & Southwest + Apartment Buildings

TMR Investments sold Circ Tucson Apartments, a 368-unit multifamily community located in the Casa Adobes neighborhood of north Tucson, Arizona. This milestone marks the culmination of an ownership journey beginning in July 2019, when TMR acquired the property. The property was built in 1986. An IPA team marketed the property. Unit sizes range from 633-1,043 square...

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StreetLights Building 635 Apartments Units Within The Mix

Texas + Apartment Buildings

The Mix Frisco and StreetLights Residential have broken ground on the first phase of a multifamily development within The Mix, a 112-acre mixed-use community in Frisco. The multifamily development is scheduled to open in the fall of 2027, and leasing will begin the second quarter of 2027. Amenities include coworking lounges, pet wash stations, game rooms, gathering spaces,...

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FCP Adds 3rd Rental Asset to S. Florida Portfolio

Florida & Gulf Coast + Apartment Buildings

FCP acquired the 427-unit District West Gables from Waterton Associates. This marks FCP’s third investment in South Florida within the past nine months. FCP plans to implement a value-enhancement program focused on modernizing common areas and amenities while renovating unit interiors. The company has engaged Greystar as property manager. Hampton Beebe of Newmark represented the seller...

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