News

InterRent’s Go-Shop Period Ends with No Offers Received

Canada + Apartment Buildings

InterRent REIT announced the conclusion of its 40-day go-shop period without receiving any alternative acquisition proposals. The period, part of an arrangement agreement with Carriage Hill Properties Acquisition Corp., expired Sunday. Under the agreement, Carriage Hill — a newly formed entity owned by CLV Group and Singapore-based GIC — will acquire InterRent in an all-cash...

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Hunneman Arranges Financing for Lowell Multifamily Redevelopment

Boston & New England + Apartment Buildings

Hunneman closed financing for Isobel Lofts, a 26-unit multifamily redevelopment currently under construction at 78 Middlesex St. in downtown Lowell, MA. The firm worked to facilitate financing on behalf of the project’s developer, Nine Zero Two Development. The project’s financing was supported by both public and private investments from sources such as  Massachusetts’ Housing Development Incentive Program (HDIP)....

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Colliers’ Hooper Represents Fiera on Two Vancouver Projects

Canada + Apartment Buildings

(Clare Hooper is among the 2025 Canadian Next Generation Awards 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 Clare Hooper is Colliers’ Strategy & Consulting’s Development Manager. She provides oversight and project management support for municipal entitlements,...

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Mei Sources, Underwrites Projects in Emerging East Coast Markets

Canada + Apartment Buildings

(Hub City’s Martin Jia Yu Mei is among the 2025 Canadian Next Generation Awards recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. (Read about all of the award winners.) Martin Jia Yu Mei is a real estate investor, strategist and founder of multiple property-focused ventures. His core duties...

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CEP Multifamily Acquires Apartments in Bellingham for $50M

Seattle & Northwest + Apartment Buildings

Everett-based CEP Multifamily, a private equity real estate firm, has acquired the 196-unit Kerf Apartments at 208 N. Samish Way from Seattle-based developer One Trent. The company acquired the property with private equity from CEP Multifamily Fund II and a $36.3 million loan from Fannie Mae, reported the Puget Sound Business Journal. The sale worked...

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Developer Planning Casa Grande Mixed-Use Project

Phoenix & Southwest

The developer has not received full approval from the town, but Mary-T Inc. is planning a mixed-use development at the northeast corner of Cottonwood Lane and Peart Road in Casa Grande. AZBEX reports the development will combine 77 age-restricted apartments and more than 30,000 square feet of retail. Plans for the Mary-T Marketplace and Senior...

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KKR Makes Second Residential Foray into Stockholm

Apartment Buildings

KKR has reached an agreement with leading Swedish developer Reliwe for the forward funding of a new multifamily development in Täby, one of Stockholm’s most sought-after municipalities. The transaction through KKR’s European Real Estate strategy marks the investment firm’s second residential investment in Sweden’s capital region since the beginning of 2025. The project in Täby...

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Landmark Properties Names Development Managing Director for Europe

Student Housing

Global real estate investment manager Landmark Properties, headquartered in Athens, GA, has appointed Ioannis Verdelis as managing director of development and investment for its European operations. He will co-lead Landmark’s efforts alongside Alex Katsnelson and Tom Banning to build and scale a pan-European student accommodation and residential investment platform. “We are excited to welcome Ioannis to...

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