News
GTHA New Condo Sales Continue to Break 30-Year Lows
New condominium-apartment sales in the Greater Toronto and Hamilton Area (GTHA) continued to break 30-year lows in the second quarter, says a new report from Urbanation. A total of just 502 units were sold during the second quarter, marking a 10% drop from the previous quarter and a 69% year-over-year decline, according to the report....
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WNC & Associates, KG Development Group Acquire Milwaukee MF
WNC & Associates and KG Development Group have announced the acquisition and planned renovation of Phoenix Residential in Milwaukee’s Uptown neighborhood. Phoenix Residential is located at 2436 N. 50th Street, on the historic site once known as the Milwaukee Jewish Home for the Aged. The four-story building, originally constructed in 1929 and renovated in 1949,...
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Chicago-Based 29th Street Invests Preferred Equity into Texas Multifamily
29th Street Finance has completed a $4.5 million preferred equity investment at Milo on Westheimer, a 230-unit multifamily property in Houston, Texas. This preferred equity investment is subordinate to a Freddie Mac senior loan secured by the sponsor, Brem Group. Located just minutes from the Energy Corridor and Westchase District, Milo on Westheimer offers one-...
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NY-Based PRC Acquires Apartments in Suburban Philadelphia
PRC, a real estate development firm based in New York, has acquired the Paulsboro Gardens Apartments, an affordable housing apartment complex in Paulsboro, New Jersey, within the Philadelphia metropolitan area. With plans for a future substantial rehabilitation that will maintain the development as affordable housing, Paulsboro Gardens Apartments marks PRC’s first acquisition outside of New...
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SCALE Lending Issues $305M Loan for Mott Haven Multifamily
SCALE Lending, the debt financing arm of Slate Property Group, issued a $305-million construction loan for a new multifamily project located at 355 Exterior St. in the South Bronx’s Mott Haven neighborhood. The Beitel Group will utilize the funds for the ground-up construction of connected 40-story and 26-story residential towers totaling 755 rental units. Landstone Capital...
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Slatt Capital Arranges 147 Financings in H1 2025
Slatt Capital, a national commercial mortgage banking firm, arranged more than $636 million in financings across 147 transactions during the first half of 2025. Driving the activity were strong showings in multifamily, retail and industrial, the top three asset classes by volume and making up more than 76% of the total transaction value. Unsurprisingly, multifamily...
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JLL Secures $124M in Equity, Financing for Wheaton MF Project
JLL has arranged joint venture equity and secured construction financing to develop The Faywell, a 334-unit luxury multi-housing development in downtown Wheaton, Illinois. JLL worked on behalf of Banner Real Estate Group to identify their institutional joint venture partner, and also represented the partnership in the arrangement of a non-recourse $84 million construction financing with PNC...
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Jonathan Rose Cos. Closes $660M Impact Fund
New York-based Jonathan Rose Companies, a leading mission-driven real estate investment and development firm, has reached final close of Rose Affordable Housing Preservation Fund VI, a $660-million impact fund dedicated to acquiring, preserving, and enhancing affordable and mixed-income multifamily in urban markets nationwide. The closing brings the total equity raised across Jonathan Rose Companies’ Preservation Fund series to more than $1.5 billion. “Affordable housing...
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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