News
TSB Realty Closes Sale of 221-Bed Student Housing Near Oregon State
TSB Realty has completed the sale of The Union Corvallis, a 68-unit, 221-bed luxury student housing property located near the Oregon State University campus in Corvallis, Oregon. Cardinal Group Companies (CGC) purchased the property. “The Union has an exceptional reputation in the market and a strong operational history, including more than 16% rent growth from...
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Landmark Abilene Tower Trades to Studio 168 Productions
Franklin Street brokered the sale of The Windsor Hotel Apartments at 401 Pine Street in Abilene, Texas. Franklin Street represented the seller, North Management LLC, in selling the property to Studio 168 Productions. The 10-story multifamily, mixed-use building was originally a Conrad Hilton Hotel built in 1926 before becoming a senior assisted living facility. North...
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OHT Kicks Off Construction of 360 Katy Apartment Units
OHT Partners, a Texas development, construction and investment company, has broken ground on its 17th apartment community in the Greater Houston metro. The project, located at 23615 Kingsland Blvd., west of Grand Parkway, is on 14.2 acres and is zoned to Katy High School. The new Katy apartments sit close to the Katy Mills Mall...
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Newmark Arranges Refi of 3 Florida Multifamily Communities
Newmark arranged the $230 million recapitalization of a six-property, 1,600-unit multifamily portfolio on behalf of Slate Asset Management and ZMR Capital (“ZMR”). Three properties are in Florida, and the others are in Georgia and Arizona. The transaction includes the introduction of joint venture equity from Slate Asset Management and the placement of $169 million in senior...
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Georgia Rental Properties Included in $230M Refi
Two Georgia properties were included in a refinancing, in which Newmark arranged the $230 million recapitalization of a six-property, 1,600-unit multifamily portfolio on behalf of Slate Asset Management and ZMR Capital. The transaction includes the introduction of joint venture equity from Slate Asset Management and the placement of $169 million in senior financing from Fannie Mae....
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Vanderbilt University Garners NYS Approval of Chelsea Campus Lease
Vanderbilt University said Monday that the New York State Attorney General has granted the approval necessary to close on the lease of its new campus in New York City. The approval is a milestone in the agreement between Nashville-based Vanderbilt and the General Theological Seminary that enables Vanderbilt to operate on the historic block in...
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TruAmerica Multifamily Makes Key Regional Leadership Promotions
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, today announced a series of key leadership promotions as part of its ongoing growth and operational realignment across the Western U.S. “These changes reflect the incredible talent within our organization and our commitment to building and developing a leadership team that will drive long-term performance,” said Bob Hart,...
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Sterling Bay Forms Partnership on Residential Project Near Jackson Hole
Chicago-based Sterling Bay has announced a new strategic partnership with Tributary, a luxury residential community in the Teton Valley outside of Jackson Hole. Tributary joins Sterling Bay’s collection alongside Victory Ranch in Utah, bringing its total portfolio to over 8.6 million square feet and a $15 billion development pipeline. Tributary is a 1,500-acre private residential...
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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