Positive fundamentals are driving the success of single-family rental and build-to-rent properties. As a result, more investors are considering entering the space. ConnectCRE recently gathered information about SFR investments and other considerations from Charles Goodman, VP of Bridge and DSCR Lending at Kiavi. Charles Goodwin Q. What’s currently going on in the SFR and BTR...
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Luc Jolicoeur has joined CIMA’s board as a director. He succeeds Richard Régimbald, who had served on board since 2019. Jolicoeur has also held executive positions, on of Canada’s largest private consulting engineering firms. Sandro Muzzo has been promoted to chief legal officer at Fiera Capital. He moved up from his position vice-president and general...
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Mesa West Capital provided $52 million in short-term debt to an affiliate of Crow Holdings to refinance Canyon Reserve at the Ranch, a 256-unit multifamily property in Westminster, Colo. Crow bought the property in 2022 from Continental Reality Group for $93.5 million. The garden-style apartment development was completed in 1984. It encompasses 17 two-story buildings...
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As housing costs soar across Central Texas, area food banks and community organizations are making strides in an unprecedented initiative to address the region’s affordable housing crisis. The Apple Seeds Apartments project may help. The San Antonio and New Braunfels Food Banks, the McKenna Foundation, and NB Housing Partners are spearheading the $12 million project....
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MBK Rental Living is leading a project to add 578 apartment units in northeast Denver. Tokyo Tatemono Co. is partnering with MBK, which helped with an equity investment in the project. MBK will also partner with Trammell Crow on Alexan Pena Station. The community, not far from the Gaylord Rockies Resort, will span 12 residential...
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Berkadia secured a $32.41 million loan on behalf of Robbins Property Associates and Hartford Investment Management Company (HIMCO) to refinance Lakeside Central Apartments, a 228-unit garden-style apartment in the Tampa suburb of Brandon, Florida. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler and Brad Williamson, and Vice President Hugo Hernandez of Berkadia Miami and Boca Raton...
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Granite Properties and Highwoods Properties announced the opening of 23Springs in Uptown, a mixed-use neighborhood in Dallas. At 63 percent leased pre-opening, the 641,563-square-foot development features a Class-AA, 26-story, 625,215-square-foot office tower, two freestanding restaurant buildings totaling approximately 16,348 square feet and a half-acre park. The project is at the corner of Maple Avenue and Cedar Springs Road. 23Springs...
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Marcus & Millichap (NYSE: MMI) announced today the sale of a 57-room Comfort Suites hotel property in Galveston, Texas. Skyler Cooper, investment specialist in Marcus & Millichap’s Dallas office, exclusively marketed the property on behalf of the seller. Built in 2007, the property offers amenities such as a lounge/bar, outdoor pool, whirlpool, meeting space, fitness center and...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California