News

BH, PEBB Secure Land for 500-Unit Boca Raton Apartment Community

Florida & Gulf Coast + Apartment Buildings

BH Group and PEBB Enterprises completed a $50 million property sale at 6600 N. Military Trail in Boca Raton, the site of their mixed-use development. The transaction allows for the start of construction of the project’s residential component, a 500-unit rental community. Related Group is developing the residential project in partnership with BH and PEBB. The...

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Peak Properties Takes Over Management of Lincoln Park MF

Chicago & Midwest + Apartment Buildings

Peak Properties announced the firm’s latest management assignment at 2052 N. Dayton St. in Chicago’s Lincoln Park neighborhood. This classic townhouse features six renovated units with exposed brick walls. The property, just off the Armitage Avenue shopping block, is situated near numerous boutiques, retail stores, and restaurants. The property is located five minutes from the...

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Berkadia Arranges Sale, Financing of Iowa Senior Housing Property

Chicago & Midwest

Berkadia completed the sale and financing of two independent living, assisted living, and memory care communities, including one in Iowa. The pair of senior housing communities consists of a combined total of 337 units. Grand Living at Bridgewater is situated just north of the University of Iowa campus in Iowa City, VA Medical Center, and...

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Value-Add Townhome Complex Goes for $16M in Northern Westchester

New York & Tri-State + Apartment Buildings

Marcus & Millichap arranged the sale of York Farm Estates, a 77-unit townhome community in Yorktown Heights, NY. The asset sold for $15,750,000.  The firm’s Matthew Gault, Seth Glasser, Michael Turkiewicz and Michael Fusco marketed the property on behalf of HVT Realty and procured the buyer, Westchester Management LLC.  “The sale of York Farm Estates...

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Pickard Chilton Completes Skanska-Developed Office Tower in Bellevue

Seattle & Northwest + Apartment Buildings

Architecture studio Pickard Chilton has completed The Eight, a 25-story, 799,933 square foot office tower in Bellevue, Washington. Pickard Chilton served as the project’s design architect. Developed by Skanska Commercial Development, the tower at 10770 NE 8th St. is Pickard Chilton’s second successful project with Skanska; the team also delivered 2+U in downtown Seattle in...

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Cordillera Homes to Break Ground on Downtown Kirkland MF Project

Seattle & Northwest + Apartment Buildings

Cordillera Homes will officially begin construction on Central Peak Residences, a boutique collection of luxury condominiums in the heart of downtown Kirkland. Designed in collaboration with Baylis Architects, the four-story building will transform the former U.S. Bank site into a residential property. Site preparation is underway at the corner of Central Way and Lake Street,...

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Real Realty Brokers Sale of Apartments in West Rogers Park

Chicago & Midwest + Apartment Buildings

Real Realty, a multifamily brokerage and property management firm, announced the closing of the Albany Apartments, a 24-unit building located at 6322 N. Albany Avenue in Chicago, Illinois. The property sold for $2.75 million. James Clough and Cristian Gavriluti represented both the seller and the buyer in the transaction. The property is located between Devon...

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Equiton Acquires Edmonton’s Central Tower Apartments

Canada + Apartment Buildings

Equiton has expanded its Alberta holdings with the acquisition of Central Tower Apartments in south Edmonton. The newly built, purpose-built rental property includes 175 units and is located at 2610 109 Street N.W. The acquisition brings the Equiton Residential Income Fund Trust’s Alberta portfolio to more than 700 units, enhancing the fund’s geographic diversification and...

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