News
People & Companies News for Week Ending July 18, 2025
Joseph Feldman has been promoted to president and chief operating officer at Camrost Felcorp. He takes over daily operations from his father David Feldman, the company’s founder, chairman and CEO. Joseph Feldman joined the company in 2014. He has held the COO role since 2020. Secure Capital, a large commercial real estate mortgage provider investment-fund...
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Multi-Res New Builds More Attractive than Office Conversions: Figler
JLL Canada is calling for governments at all levels to band together and make it more feasible for investors and developers to boost housing supply. The best way to do that is to focus on providing incentives and other benefits for demolitions and redevelopments, rather than fund office-conversion projects, said Scott Figler, the company’s head...
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Walker & Dunlop Secures $91M Loan for Vallejo Apartments
Walker & Dunlop said Thursday it arranged $91.45 million in loan proceeds to refinance Blue Rock Village, a 560-unit, Class-B, garden-style multifamily property located in Vallejo. Walker & Dunlop Multifamily Finance’s Bryan Frazier and Blake Hockenbury arranged the loan on behalf of long-term client Prime Residential. The team secured a 10-year, full-term interest-only loan at a...
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EYA Closes on Land for Rockville Retail-to-Residential Redevelopment
D.C.-based developer EYA has closed on the land at the former Rockshire Village Center in Rockville, Maryland. The closing marks a major milestone in EYA’s plans to rezone and transform the long-vacant shopping center into a vibrant, connected neighborhood featuring a mix of new homes, retail and public open space that puts “life within walking...
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Massive Burnaby Lake Village Project Exits Creditor Protection
The large-scale Burnaby Lake Village mixed-use project has exited creditor protection following the settlement of a dispute between its previous two joint-venture partners. According to court documents, local developer Peterson Group bought Create Properties out of its 49% stake in the project for an undisclosed price. Peterson now holds a 100% interest in the 19-acre...
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SPI, FCP Acquire 600-Unit Lewisville Multifamily Community
SPI Advisory and FCP acquired Crest Manor Apartments, a 600-unit multifamily community located in Lewisville, Texas. Crest Manor was delivered in two phases, in 2010 and 2016. The property offers two swimming pools, a large clubhouse and fitness center, tennis courts, walking and jogging trails, and spacious one-, two-, and three-bedroom layouts averaging 933 square feet. The...
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Centrum, Sorelle Break Ground on $85M Charlotte Apartments
A joint venture hoping to complete three Atlanta-area projects is close to moving forward on its first. Centrum Realty & Development and Sorelle Capital. The Charlotte Business Journal reports the team will soon start work on an $85 million apartment project at 1801 E. Seventh Street. Completion is slated for 2027. The six-story development will...
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Dwight Capital Closes $62M in Financing for Midwest Apartment Properties
Dwight Capital closed a combined $61.9 million in HUD 223(f) financing for Springs at Bettendorf in Bettendorf, Iowa, and The Grove in Saint Paul, Minnesota. Both loans were closed on behalf of a repeat client, Continental Properties, based out of Menomonee Falls, Wisconsin. Springs at Bettendorf is a townhome-style community comprised of 15 two-story apartment...
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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