News
RXR Launches Leasing at Downtown Brooklyn Rentals
RXR has launched leasing at Eighty Nine DeKalb, a 30-story, 324-unit all-electric residential tower at the nexus of Fort Greene and Downtown Brooklyn. Eighty Nine DeKalb will provide a mix of affordable and market-rate housing, 16,400 square feet of amenities and 55,000 square feet of academic and office space for Long Island University (LIU), including...
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32-Story MXU Tower Breaks Ground in Chicago’s Fulton Market
Developer Vista Property and its general contractor, Skender, held a groundbreaking ceremony on a new 32-story mixed-use multifamily tower at 370 N. Morgan Street in Chicago’s Fulton Market Neighborhood. Designed by Antunovich Associates, the 539,000-square-foot residential apartment tower will feature 494 total rental units, with apartments ranging from studios to 2-beds, including 99 on-site affordable...
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Berkadia Facilitates Sale of 110-Unit KC Multifamily Property
Berkadia has completed the sale of The Locarno, a 110-unit, urban core, high-rise multifamily property in Kansas City, Missouri. Senior Director Michael Spero, Director Niko Vrentas, and Associate Director Simon Rodewald of Berkadia Kansas City led the transaction on behalf of the seller, Locarno Partners, LLC. The Locarno was sold to ELKCO Properties, a joint...
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Gelt Venture Partners Makes Second Acquisition in San Diego Region
Gelt Venture Partners, LLC (GVP) has acquired The Commodore, a 92-unit apartment property, for $40 million. Built in 2024 and situated on 2.4 acres, the asset is located at 200 to 250 E. 31st St. in National City. Hunter Combs of Walker & Dunlop represented both GVP and the undisclosed seller. “The Commodore reached a stabilized occupancy...
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BWE Arranges $65M Bond for Luxury Milpitas Senior Living
BWE arranged a $65-million bond financing for Ivy Park at Milpitas, a 199-unit luxury senior living community located in Milpitas. Ryan Stoll, national director of seniors housing and care, and Taylor Mokris, SVP of seniors housing and care at BWE, arranged the financing. The financing was secured on behalf of a joint venture between Blue Mountain...
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Avison Young: Multifamily Absorption on Pace to Exceed 2024
Multifamily deliveries are expected to approach all-time highs in 2025, even as new construction starts have declined by an average of 10.4% in each of the past four quarters, Avison Young said in its Q2 2025 U.S. Multifamily Market Report. However, new supply is expected to drop by 57.3% next year. At the same time,...
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Capital Square Acquires Fredericksburg BTR Community
Capital Square, a sponsor of tax-advantaged real estate investments, acquired Woodland Cottages, a build-to-rent community in Fredericksburg, Texas. The 62-unit active adult community was acquired on behalf of CS1031 Texas Active Adult Living I, DST, which seeks to raise equity from accredited investors. The Carbon Companies developed the project, and Carbon-Shepherd was the seller. Located...
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Cortland Picks Up Third Houston Rental Asset
Cortland added to its Houston portfolio with the acquisition of Wynnewood at Wortham, a 444-unit apartment community in the heart of the Wortham neighborhood. The suburban Harris County community will soon be rebranded Cortland Wortham. This marks Cortland’s third acquisition in Houston within the last year, expanding its portfolio to include 13 assets in Houston, as...
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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