News
Approved Islington Condo Project Reworked as 685-Unit Rental
An approved condominium development near Toronto’s Islington subway station is being reworked as a substantially larger purpose-built rental project. North Edge Properties and its partners have taken over the development at 35 Mabelle Ave., where Tribute Communities had previously advanced plans for a 49-storey, 580-unit condominium tower. The new ownership group is now proposing a...
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Cushman & Wakefield Brokers Sale of 280-Unit Oswego Apartment Property
Cushman & Wakefield has brokered the sale of Springs at Oswego, a 280-unit apartment community in Oswego, Illinois, one of Chicago’s fastest-growing western suburbs. Cushman & Wakefield’s Brad Smith and Jack Maloney represented the seller, Continental Properties, a national developer and operator of multifamily, retail and hospitality properties. The buyer was Oak Brook, Illinois-based JVM...
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Castle Lanterra Completes Sale of 224-Unit Residential Property in Suffolk
Castle Lanterra announced the sale of Meridian Obici, a 224-unit multifamily community located in Suffolk, Virginia, within the Hampton Roads metropolitan area. Completed in 2016, Meridian Obici is a highly amenitized multifamily community featuring a resort-style saltwater swimming pool, fitness and business centers, resident entertainment spaces, outdoor kitchens, detached garages, storage units, and a dog...
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EYA, Armed Forces Mutual Secure Entitlement for MF Project at Historic Reston Site
EYA and Armed Forces Mutual have secured entitlement for the redevelopment of Armed Forces Mutual’s Reston Campus at 1850 Old Reston Avenue into a 57-townhome community centered around the historic Bowman House. The milestone marks a significant step toward transforming the underutilized office campus into a residential neighborhood. Located adjacent to the W&OD Trail and...
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Timberlane Partners Acquires 91-Unit Issaquah Apartments for $37M
Seattle-based real estate investment firm Timberlane Partners has acquired the Vista Ridge, a 91-unit apartment complex in Issaquah, for $37 million. The 91-unit apartment complex at 201 Mountain Park Blvd. SW sold in a deal, with the sale price coming out to around $406,600 per unit, reported the Puget Sound Business Journal. The seller was...
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Townhome Project Slated for Transforming Denver Mall
BB Living has plans to take over an underutilized stretch of parking lot at the Avenues at Northfield retail center and build 217 townhomes. The retail center, formerly known as The Shops at Northfield, is being converted into a mixed-use development that includes retail, housing and a fitness center. Luxury athletic club Life Time is...
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Leston Buys Edmonton’s Pinnacle Tower For $61M
Edmonton-based Leston Holdings has acquired the Pinnacle, a 26-storey apartment tower at 10127 121 Street NW, for $61 million. The Jasper Avenue property contains 249 rental apartments and a 25,000-square-foot retail podium. Leston said it plans to revitalize the commercial space, though it did not disclose a budget, construction schedule or details about the proposed...
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Sam Moon Group Advancing 397-Unit Shenandoah Apartment Project
The Sam Moon Group (SMG) is developing the Residences at Metropark, a 307-unit Class A luxury apartment project located in Shenandoah, Texas. The housing development is set to open for leasing in the summer of 2027, with move-ins beginning in late 2027. The development will feature a pool, outdoor courtyards, a fitness center and 6,000 square feet...
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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