News

Centrum, Sorelle Break Ground on $85M Charlotte Apartments

Atlanta & Southeast + Apartment Buildings

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

Chicago & Midwest + Apartment Buildings

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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Private Investor Pays $18M for Brentwood Luxury Multifamily

California & West + Apartment Buildings

CBRE arranged the sale of 818 Gretna Green Way, a 27-unit luxury multifamily property located in the Brentwood section of Los Angeles, for $18 million to an undisclosed private investor. The firm’s Adam Peterson and Emil Gurfinkel represented both the seller and the buyer. “This was a highly competitive process with five offers generated,” said Peterson. “The property ultimately...

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Arrow Real Estate Secures $30M Refi for Suburban Chicago MF

Chicago & Midwest + Apartment Buildings

Arrow Real Estate Advisors has arranged a $30.3 million refinance for The Prospect Place Apartments, an 80-unit multifamily property located at 11 W Prospect Avenue in Mt. Prospect, Illinois. The new financing was provided by Walker & Dunlop Investment Partners. Arrow Real Estate Advisors’ Morris Betesh, Founder and Managing Partner, Omar Ferreira, Senior Vice President,...

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Sage Completes Sale of Warren County Luxury Apartments for Woodmont

New York & Tri-State + Apartment Buildings

Sage Investment Real Estate Advisors finalized the $42.95-million sale of Woodmont Liberty Apartments, located at 2000 Woodmont Dr. in the Warren County community of Independence Township, NJ. Co-founding partners Steve Tragash and Greg Pine represented the seller, Woodmont Properties, and procured the unnamed buyer, a longtime client. This marks the fourth disposition on behalf of Woodmont Properties handled by...

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Simmons U., Skanska Top Out Living and Learning Center

Boston & New England + Student Housing

Simmons University in Boston held a topping off ceremony for its new Living and Learning Center, the centerpiece of its landmark One Simmons project, alongside construction and development partner Skanska. Slated to open in January 2027, the 385,000-square-foot Living and Learning Center will serve as a hub for health, wellness and community engagement. Developed and...

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Industry Leaders Foresee Many Investment Opportunities (Video)

Canada + Apartment Buildings

Canadian commercial real estate industry leaders anticipate that plenty of new investment opportunities will emerge, particularly in the multi-family sector, during the rest of 2025 and beyond. They made the comments as the Connect Canada conference in Toronto wrapped up, answering the question: Where do you see the opportunity in the market for the rest...

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Yusyp Supports 1,000 Skyline Employees Across Canada

Canada + Apartment Buildings

(Sarah Yusyp is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how she stands out among her peers. Read about all of the award winners.) By Amy Wolff Sorter As Skyline’s director of human resources, Sarah Yusyp leads all human resources operations for Skyline’s $9-billion-plus real estate and renewable...

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