News
Eby Rebuffs Housing Developers’ Call for Looser Foreign-investment Rules
B.C. Premier David Eby has rejected calls from property developers to loosen restrictions on foreign investment in housing. Responding to an open letter sent this week by B.C. developers to himself, Prime Minister Mark Carney and federal Housing Minister Gregor Robertson, Eby told reporters at an LNG-related news conference in northern B.C. that he doesn’t...
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Core Launching 720-Unit South Carolina Housing Venture
Core Spaces is bringing a 2,350-bed mixed-use development to Columbia, SC, near the University of South Carolina. Branded ōLiv Columbia, Core expects to invest up to $225 million on the project. Located at 1401 Main St., the project will bring 720 new apartments, both market-rate and student housing, to Columbia’s Main Street District. The development will...
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Essex Facilitates Sale of Villa Park Apartment Buildings
Essex Realty Group has arranged the sale of two neighboring apartment buildings at 329 & 331 N. Ardmore Ave., located in the village of Villa Park in Illinois. Essex Director Anthony Citriglia brokered the transaction. Built in 1979, the two adjacent 8-unit buildings feature 16 total one-bedroom/one-bathroom units, as well as 28-car parking spaces and...
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Greystone Provides $34M in Financing for Virginia Nursing Facility
Greystone has provided a $33.9 million bridge-to-HUD loan to acquire a 210-bed skilled nursing facility in Virginia. The financing was originated by Christopher Clare, Managing Director, along with David Young, Ryan Harkins, Ben Rubin, Parker Nielsen, and Liam Gallagher. The interest-only bridge financing carries a 24-month term, with two 6-month extension options, and features a...
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Pacific Development, PGIM Secure Financing for Santa Rosa Mixed-Use
Pacific Development and its institutional investment partner PGIM Real Estate have secured a $97-million construction loan from Comerica Bank, California Bank & Trust and First Hawaiian Bank on a multifamily and mixed-housing project in Santa Rosa. The 396-unit apartment community, Madrone, will be the flagship of a three-phase master plan that will bring nearly 800 units...
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Ventas Acquires $54M Senior Living in Everett
MorningStar Senior Living announced a new relationship with Ventas, Inc., with Ventas acquiring a 148-unit complex in Everett for $54.7 million. “We are thrilled to launch our relationship with Ventas through their acquisition of our beautiful Silver Lake community,” said Jamie Ranzan, President & Chief Investment Officer of MorningStar. When MorningStar assumed management of this...
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Operational Intelligence at Scale: How Ballast Is Using AI to Manage—and Own—What Others Can’t
In a real estate market defined by operational complexity, outdated systems, and growing performance pressure, San Francisco–based Ballast is taking a different path. The firm isn’t just managing multifamily and scattered-site portfolios—it’s owning them. And to do it at scale, Ballast has partnered with Palantir to build one of the industry’s most advanced AI-integrated operations...
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The Talent Wars: Finding – and Keeping – the Best Multifamily Staff
The multifamily sector consists of tangible assets, ranging from smaller properties of 20 or 30 units to 100 or more units housed within mid-rises or high-rises. Ryan Perez But no matter the size of the property, people are involved. People rent the apartments. On the other hand, people also manage the operations and processes that...
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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