News
Harris Mentors C&W Capital Markets Associates
(Patrick Harris is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how she stands out among his peers. Read about all of the award winners.) By Amy Wolff Sorter Patrick Harris is a Cushman & Wakefield senior vice-president based in Toronto. He is part of the firm’s capital...
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Blackstone, PSP, Crestpoint Looking to Acquire H&R Assets
U.S. investment giant Blackstone, the Public Sector Plan Investment Board (PSP) and Crestpoint Real Estate Investments are in talks to acquire H&R REIT assets, The Globe and Mail reported. Toronto-based H&R recently announced that it has received several proposals since February to buy all or part of the REIT, which owns multi-residential, industrial, office and...
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Formativ Lands Construction Loan for 310-Unit Denver Development
Formativ has obtained a $65.5 million construction loan for 3850 Blake, a 310-unit multifamily development in Denver. Construction began in June, with completion slated for the third quarter of 2027. A JLL Capital Markets Debt Advisory team, led by Rob Bova and Ellie Savage, represented the borrower in the deal. At opening, 3850 Blake will offer...
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Fortune, Blue Road Snag Loan to Build N. Miami Beach Condos
Berkadia secured a $73.3 million construction loan on behalf of Fortune International Group and Blue Road to complete the construction of Nexo Residences, a 16-story, short-term rental condominium tower with 254 residences in North Miami Beach, Florida. Scott Wadler, Michael Basinski, Bobby Dockerty, Mitch Sinberg, Brad Williamson and Matt Robbins of Berkadia Miami and Boca Raton arranged the financing....
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200-Unit Affordable Housing Development on Way in Charlotte
Coldwell Banker Commercial Realty brokered the $3.4 million sale of 3.5 acres of multi-family-zoned land (TOD zoning) in Charlotte, North Carolina, that will be used to develop an affordable apartment complex of 200 units. Ryan Pilsy of Coldwell Banker Commercial Realty represented the seller, Kilbros3 LLC, for the property at 5703-5707 North Tryon Street. The Annex...
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ATCO Lands Refi for Camp North End Rental Community
ATCO Properties & Management closed on a $66 million refinancing for Kinship, the first multifamily buildings to rise at Camp North End, a 76-acre adaptive reuse development located just north of Uptown Charlotte. ATCO secured a three-year bridge loan from Benefit Street Partners. Mark Gallinaro of WelcomeLend sourced and secured the financing. Partners within the...
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Thousand Oaks Multifamily Sells Above Asking Price at 3.8% Cap Rate
Berkadia arranged the sale and financing of Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks. Senior managing director Adrienne Barr and director of transaction services Nancy Badzey of Berkadia Los Angeles led the $27.4-million sale on behalf of the seller, Woodland Hills-based Lynn Villas, LLC. Managing directors George Spadier and Keith Rosso and associate director Jeremy Kanter of Berkadia Los Angeles secured...
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Interra Brokers Sale of North Side Multifamily Portfolio
Interra Realty has brokered the $10.8 million sale of a seven-building multifamily portfolio in Chicago’s West Ridge neighborhood. The garden-style buildings include 94 units, equating to $114,894 per unit. Interra Senior Managing Partner Joe Smazal represented the confidential local buyer and the seller, a West Coast-based private investor. As part of the transaction, the buyer...
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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