News

Brooklyn Developer Acquires Second Gowanus Site

New York & Tri-State + Apartment Buildings

A company affiliated with Goose Property Management has bought an industrial site at 264 Butler St. in Brooklyn’s Gowanus neighborhood for about $15.3 million, the New York Business Journal reported. The Brooklyn-based residential developer entered a contract to acquire the site in fall 2024. Domal Transportation Inc. had owned the site since 1980. Plans to...

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Subtext Opens Student Housing Community at Purdue University

Chicago & Midwest + Student Housing

Subtext has opened EVER West Lafayette, a new six-story, 449-bed student housing community just steps from Purdue University. The project at 147 West Wood Street is Subtext’s second development in West Lafayette and the first to launch under its new EVER brand. The 245,649-square-foot development includes 143 units ranging from studio to four-bedroom layouts, including...

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BHW Adds 2nd Humble Rental Community

Texas + Apartment Buildings

BHW Capital broke ground on a 288-unit apartment complex next to a golf course in Humble. Clayton at Tour 18 will be the company’s second rental community adjacent to the Tour 18 golf course (photo). The other is The Park at Tour 18, a 241-unit complex BHW finished in 2020. The Houston Business Journal reports...

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Simon | Anderson MF Team Arranges Sale of 108-Unit Apartments in Kent

Seattle & Northwest + Apartment Buildings

Swiss Gables Apartments, a 108-unit property at 4620 S 254th Place in Kent’s Lake Fenwick neighborhood, has sold to a private investor. Dylan Simon, Jerrid Anderson, JD Fuller, and Elijah Piper of the Simon | Anderson Multifamily Team at Kidder Mathews represented the seller, John Stephanus, and sourced the buyer. Built in 1969, Swiss Gables...

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Dana Caudell Joins Continental Realty as EVP, Multifamily Operations

Washington DC + Apartment Buildings

Baltimore-based Continental Realty Corporation (CRC) has appointed Dana Caudell as Executive Vice President and Head of Multifamily Operations. An industry veteran with more than 30 years of diversified real estate experience, Caudell will oversee operations of a multifamily portfolio comprising more than 10,000 apartment homes across 38 communities throughout the Mid-Atlantic and Southeast regions. Caudell’s...

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Cantor Fitzgerald Acquires Orlando Apartment Duo

Florida & Gulf Coast + Apartment Buildings

Starlight Investments offloaded two Orlando rental communities for $108.8 million. Cantor Fitzgerald was the buyer of the two-property portfolio encompassing 539 units in Orlando, Fla. The two properties are adjacent to each other. Multihousing News reports the sale included the 275-unit Hudson at East, which traded for $68.4 million, and the 264-unit Eight at East,...

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BGO, Urban Equation Executives Assess CRE Market

Canada + Apartment Buildings

Connect is holding its Summer 2025 Leadership Series in which top executives from Canadian commercial real estate firms provide insights on the state of the market. Today, Simon Holmes, BGO’s Canadian chief investment officer, and Scott Pickles, managing director of Windmill’s advisory arm Urban Equation, offer their views. Simon Holmes What is BGO’s outlook on the Canadian...

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Feds Investing $326M in B.C. infrastructure

Canada + Apartment Buildings

The federal government will invest $326 million in infrastructure projects across B.C. The funding will enable communities to build new essential and recreational infrastructure, such as a new sports field lighting, and safety improvements at Tamanawis Park in Surrey. “Building a strong Canada starts with building strong communities,” said Housing and Infrastructure Minister Gregor Robertson. “We are...

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