News
Crescent Opens Doors of Dallas’s Tallest Residential Tower
A 31-story luxury residential tower has opened in Uptown Dallas. Crescent Real Estate, the developers, say it’s the tallest residential tower in Dallas. Construction began on the property at 2811 Maple in December of 2022. The Dallas Business Journal reports that ten percent of the building’s 177 apartments have already been leased. The units range...
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Southern Land Obtains Construction Loan for Las Vegas Apartments
Southern Land Company closed on a $50 million construction loan with BHI, the US branch of Bank Hapoalim, Southern Land Company to develop Capella, a 22-story, 272-unit apartment complex in the Symphony Park District of Las Vegas. The subject property, located at the northwest corner of Promenade Place and Symphony Park Avenue, will also feature...
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Codina Closes on $100M Financing for Doral Apartments
Codina Partners, thanks to a $100 million construction loan, has broken ground on Sevilla, a seven-story, 412-unit residential tower in the heart of Downtown Doral, a 250-acre mixed-use community. The loan was financed by Regions Bank, in conjunction with Ocean Bank. Regions Bank will fund 65% of the loan, while Ocean Bank is providing the remaining 35%. ...
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Slate to Acquire Sunbelt Multi-Family Portfolio for US$226.5M
Slate Asset Management has agreed to acquire a six-property, 1,600-unit multi-family portfolio across Florida, Georgia, and Arizona for US$226.5 million. “We are pleased to announce our latest investment in the multi-family real estate sector – a performing portfolio of defensive assets with attractive fundamentals serving essential needs in markets with strong demographics,” said Peter Tsoulogiannis,...
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Bronx Sale Illustrates Demand for Stabilized Housing Stock
Marcus & Millichap finalized the sale of a 97-unit multifamily property at 1154 Ward Ave. in the Bronx for $7.5 million. Built in 1929, the six-story elevator building totals 90,000 square feet and is located in the Soundview neighborhood. “This sale is a prime example of continued demand for clean, well-managed rent-stabilized apartment buildings with healthy...
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Capstone, Tufts University Partner on New Residence Halls
Construction on a project including two new on-campus student residence halls in Medford, MA has begun at Tufts University. Tufts hired Capstone Development Partners as developer. Capstone’s partners on the project include Provident Resources Group, Elkus Manfredi Architects, Erland Construction, Steven Winter & Associates and Barclays. Scheduled to open for the fall 2027 semester and house 664...
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Connect CRE, ApartmentBuildings.com Launch Awards for Multi-Family Excellence
In a first of its kind, Connect CRE and sister website ApartmentBuildings.com have jointly launched The ApartmentBuildings.com 100 from Connect CRE. The awards program will honour advancement and achievement in the multi-family space, from dealmaking and development to technology and finance. The ApartmentBuildings.com 100 from Connect CRE will recognize excellence in multi-family in the U.S....
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JMC Readies First Phase of Stoneham Residential Development
Hard hat leasing tours have begun for the first homes at John M. Corcoran and Company’s (JMC) The Devon at Weiss Farm, a 259-unit multifamily project located on 25 acres in Stoneham, MA. The first phase includes 12 townhomes, a 5,000-square-foot clubhouse and the first rental building with 64 apartments and move-ins beginning in mid-August. Formerly housing the...
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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