News
People & Companies News for Week Ending August 28, 2025
Colliers has appointed Tyer Dolan as its new head of Canadian valuations and advisory services (VAS), effective September 1. Dolan has more than 20 years of commercial real estate and finance experience, most recently serving as senior managing director for Vancouver Island and the Okanagan, and as national debt advisory lead at Colliers. He replaces...
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WNC & Associates, EmberHope Break Ground on Kansas Housing Project
WNC & Associates (WNC) and EmberHope, Inc., in a partnership with Riverstone Platform Partners, have begun construction on Hope Estates, a 38-unit affordable housing community in Newton, Kansas. Located at 900 West Broadway Street on the existing EmberHope Youthville campus, Hope Estates is a $13.58 million development that will deliver affordable housing units across nine...
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Shuttered Houston Hotel Shifting to Apartment Units
A vacant, former hotel at 6780 Southwest Freeway in Houston will soon be converted into apartment units. Dos Lagos Asset is leading the effort to transform the 292-room former Hilton-branded hotel, which closed permanently during the pandemic. The Houston Business Journal reports that the project, known as Altura Residences, is set to be completed in...
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Related Affiliate Purchases Delray Beach Apartments
An affiliate of New York-based Related Cos. paid $116.85 million for the Aura Delray Beach apartments. The South Florida Business Journal reports Trinsic Residential sold the 292-unit Aura Delray Beach apartment complex at 2087 W. Atlantic Ave. Berkadia Commercial Mortgage provided a $59.06 million mortgage to the buyer and then assigned that loan to Freddie...
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Landa to Acquire Burnaby Condo Development Project Via Court Sale
Landa Global has agreed to acquire a fully approved Burnaby, B.C., condominium development project through a court sale for $12 million. The partially constructed, five-storey mixed-use development is located at 4451 Hastings Street, near Willingdon Avenue, in the Heights district, a prominent north Burnaby multi-residential and retail node. Local firm I4 Property Group was the...
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Toronto New-Home Sales Sink to 35-Year Low
A BILD senior executive is calling for government intervention to help boost record-low Greater Toronto Area new-home sales. In July, the region’s new-home sales sank to a low not seen in decades, says a new BILD-commissioned report released Wednesday. The region’s new home-sales remain “exceedingly low,” falling below 1990s downturn levels said BILD. Real estate...
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InterRent Unitholders Back REIT’s $4B Sale to CLV Group, GIC
InterRent unitholders have voted overwhelmingly in favour of the REIT’s proposed sale to CLV Group and GIC for $4 billion. The court overseeing the proposed deal has also approved it. Unitholders holding 98% of the votes support the proposed transaction, clearing a major hurdle to the deal’s completion. The 98% count surpassed the two-thirds required...
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Upper East Side Luxury Condos Secure $73M Construction Loan
Arrow Real Estate Advisors arranged $73,000,000 in construction financing from Madison Realty Capital for the ground-up development of 171 E. 86th St., an 18-story luxury condominium project on Manhattan’s Upper East Side. Founder and managing partner Morris Betesh, SVP Omar Ferreira and associate Jacob Petrovic negotiated the financing on behalf of Z.D. Jasper Realty. “This...
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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