News
Weidner Apartment Homes Sells Seattle Apartments for $106M
Weidner Apartment Homes has sold Arrive Magnolia, a 337-unit apartment complex in Seattle’s Magnolia neighborhood for $106.5 million. The buyer is an entity managed by Sam Eisenman, president of Irvine-based Trinity Property Consultants, a firm focused on multifamily properties across 31 states, reported the Puget Sound Business Journal. The six-acre site at 3520 27th Place...
Learn more
Multifamily Drives June Increase in U.S. Housing Starts
Residential construction starts increased 4.6% in June to a seasonally adjusted annual rate of 1.32 million units, the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reported Friday. A 30% monthly increase in apartment starts to an annualized 438,000 units was responsible for the month-over-month gain, as single-family starts declined 4.6%...
Learn more
Neighborhood Ventures Fund Picks Up Distressed Phoenix Rental Property
Neighborhood Ventures (NV), an online real estate investment company that enables both accredited and non-accredited investors to invest in multifamily properties, announced the launch of Venture on Maryland, a 78‑unit multifamily community in Central Phoenix, into its Arizona Multifamily Opportunistic Fund. Acquired through a pre-foreclosure, forced sale transaction for $10.7 million (down from $17.1 million in 2022), this marks the fund’s...
Learn more
Building Boom Underway at UNF
The University of North Florida unveiled Osprey Ridge, a 165,000-square-foot, four-story building that cost $77.5 million. It has room for 520 beds. The new residence hall, designed by PBK and constructed by Ajax Building Company, will be open to students this fall semester. It includes living areas, study space, a convenience store, outdoor amenities, and more. Osprey...
Learn more
Greystar, Nuveen Link Up on $93.5M Hialeah Apartment Deal
Greystar acquired the Latitudes at the Moors near Hialeah for $93.5 million. The S. Florida Business Journal reports Nuveen sold the 358 apartments at 6290 N.W. 173rd St.. Walker and Dunlop provided the buyer with a $65.45 million mortgage that matures in five years. The price equated to $261,173 per unit. Greystar renamed the complex...
Learn more
Mixed-Use Ministries Project Funded at UGA
CCI Real Estate closed a $67 million construction loan to advance the redevelopment of the Baptist Collegiate Ministries building at the University of Georgia (UGA) in Athens, Georgia. Developed in partnership with the Georgia Baptist Mission Board (GBMB), the project, called 290 Lumpkin, will deliver new multifamily, retail and gathering spaces to a prime location on UGA’s...
Learn more
Leyad Buys Niagara Region’s 1.1MSF Pen Centre Mall for $140M
Leyad has acquired the Pen Centre mall in St. Catharines, Ont., for $140 million, marking one of the Niagara Region’s largest retail real estate transactions in recent years. The 1.1-million-square-foot retail complex sits on 2.8 million square feet of land and is anchored by major tenants including Loblaw Companies, Walmart Supercentre, Sephora, and Lululemon—all backed...
Learn more
Colliers Closes First Waterfront Marina del Rey Apartment Trade Since 2019
Colliers arranged the sale of Villa Del Mar, a 198-unit luxury waterfront multifamily community in Marina del Rey. Vice chair Kitty Wallace represented both the seller—original developer Villa Del Mar Properties and long-time operator Far West Management—and a private buyer. It represents the first waterfront multifamily transaction in Marina del Rey since 2019, and one...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout