News
Category Five Acquires Four Vintage Sunrise Multifamily Communities
Category Five Real Estate (CFRE), led by brothers Mike and Leon Peisach, obtained financing to purchase the Sunrise Portfolio: four vintage multifamily communities totaling 185 units located in Sunrise, Florida. Jomy Zacharias was the seller of the group. Brad Williamson, along with Mitch Sinberg, Matt Robbins and Kyle Ryan of Berkadia Miami, arranged a $21...
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People & Companies News for Week Ending August 8, 2025
Colliers has hired two retail specialists in its Edmonton office. Paul Raimundo was appointed as a local senior vice-president, while Bruce Peters joined the firm as a local VP. Both Raimundo and Peters have experience in tenant and landlord representation. They moved to Colliers from Avison Young. Both Raimundo and Peters have also held seniors...
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QPAREB Calls for Changes to Quebec’s New Condo-Transaction Rules
The Quebec Professional Association of Real Estate Brokers (QPAREB) has welcomed the final regulation completing the province’s new condominium-transaction rules, but is calling for revisions. QPAREB warns that that some elements may compromise transparency in the sales process and affect homeownership in the province. The reform, which comes into effect on August 14, will require...
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GWLRA’s College Park Tower to Go Above and Beyond
If all goes according to plan, a GWL Realty Advisors tower proposed for Toronto’s College Park will be one of the tallest in the city. The proposed 96-storey structure is part of a long-term major heritage-building redevelopment project designed to revitalize the urban area. “The plans have been [evolving] over several years,” said Daniel Fama,...
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Carney Provides $1.2B for Softwood Lumber Producers
The federal government will provide $1.2 billion in financial supports to help Canadian softwood lumber producers counter increased U.S. tariffs, Prime Minister Mark Carney announced. The move has large implications for Canada’s commercial real estate industry as well as the lumber sector. The package includes $700 million in loan guarantees to help forestry companies secure...
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Cascade Obtains $110M Refi for Water Street Tampa Apartment/Hotel Hybrid
PGIM Real Estate has provided $110 million in 5-year interest-only fixed-rate financing to Cascade Investment for the financing of Asher Residences in Tampa. The 22-story apartment building is a part of the Water Street development in downtown Tampa and was completed in December 2021. It contains 490 units, including 97 furnished residences operated as part of the...
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EOM Realty Sells Newly Developed Old Bridge Apartments
CBRE closed the sale of Oak Tree Plaza Apartments, a 36-unit, newly constructed, Class A residential property located at 600 Rte. 34 in Old Bridge, NJ. The asset was acquired by REVL Holdings, a first-time buyer in the market, for $12.13 million. The CBRE team of Fahri Ozturk, Richard Gatto, and Zach McHale spearheaded the...
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Spring Valley Townhome Sale Sets Local Pricing Record
Marcus & Millichap closed the sale of a five-townhome community in Spring Valley. With a sale price of $3,395,000, or $679,000 per unit, this represents the highest price ever paid in Spring Valley as well as the surrounding submarkets, according to Marcus & Millichap. Additionally, the property sold at 100% of list price with no...
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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