News
NCC Agrees to Sell Land to Senators for Arena Project
The National Capital Commission and Ottawa Senators finalized an agreement that sets the stage for the development of a long-sought new arena just west of the city’s downtown. The NCC and National Hockey League club announced that the Sens have acquired an approximately 11-acre federally owned site in the LeBreton Flats. In addition an arena,...
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Innovative Housing Opportunities Breaks Ground in Anaheim
Furthering Anaheim’s Rebuild Beach initiative, Innovative Housing Opportunities (IHO) launched construction on an intergenerational 47-unit affordable housing community located at 208 So. Beach Blvd. The 28,327-square-foot property, called Lincoln Beach, will house low-income seniors with 10% of the apartments dedicated to youth transitioning out of foster care. Construction is set for completion by the third quarter of 2026....
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Woodmont Breaks Ground on Luxury Rentals in Metropark
Woodmont Properties, a leading owner, developer and manager of multifamily and commercial properties throughout the U.S., has broken ground on Woodmont Rail at Metropark, a luxury rental community bringing 300 residences to Woodbridge, NJ. Located at 186 Wood Ave. So. in the city’s Metropark submarket, Woodmont Rail is expected to deliver in 2028. “Breaking ground on...
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LRT Launches DST for Rhode Island Seniors Housing
LRT Company, a land entitlement and ground lease finance company, has launched LRT Coventry RI DST. The all-cash, Regulation D private placement Delaware statutory trust offering seeks to raise $20.55 million in equity from accredited investors. LRT Coventry RI DST consists of 14 acres of undeveloped land in Coventry, a suburb of Providence, RI, that is ground leased for...
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CBRE Arranges Sale of 1,610-Unit MF Portfolio in Iowa
CBRE has arranged the sale of the Wings 914 Portfolio, a six-property, 1,610-unit multifamily portfolio in the Des Moines metropolitan area. The transaction marks the largest multifamily deal ever recorded in the state of Iowa. CBRE’s Cy Fox, Matt Bukhshtaber, Ray Hamilton and Clark Matthews represented the seller in the transaction. The sellers intentionally directed...
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South Lake Tahoe Townhomes Line Up Financing
Gantry secured an $11.75-million construction loan for the development of 14 for-sale townhomes in South Lake Tahoe. Located at 3708 Lake Tahoe Blvd. and 3709 Osgood Ave. on two parcels totaling .72-acres, construction is now underway. Currently branded as South Lake Tahoe Townhomes, the project fronts Lake Tahoe Boulevard and is within walking distance of...
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M&T RCC Provides Financing for Dorchester Mixed-Income Project
M&T Realty Capital Corporation (M&T RCC) arranged the financing for 247 Hancock, a 47-unit mixed-income multifamily development located in Boston’s Dorchester neighborhood. The project is being developed by Arx Urban and Boston Communities and will deliver 35 affordable housing units, including 15 affordable units supported by project-based vouchers. The financing was originated by Matt Newton, managing director...
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Monrovia Mixed-Use Development Secures $76M Construction Loan
IPA Capital Markets, a division of Marcus & Millichap, arranged $76 million in construction financing for The Monroe, a Class A mixed-use multifamily and retail development at 127 W. Pomona Ave. in Monrovia. The transit-oriented project is under construction and scheduled for completion in September. Stefen Chraghchian, senior director in IPA Capital Markets’ Encino office, secured the financing...
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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