News
CRG, Shapack Close on Development Site for Michigan Student Housing
CRG and co-developer Shapack Partners have closed on the site and secured full construction financing for Chapter Ann Arbor, a 19-story, 183-unit (625-bed) high-rise student housing development in Ann Arbor, Michigan. Located at 1201-1213 S. University Ave, the property will be situated one block from the University of Michigan’s central campus. Construction is slated to...
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MCB Real Estate Partnership Acquires MF in Ohio for $16.5M
MCB Real Estate, in joint partnership with Abide Capital Group, has acquired Harlow on Main, a 120-unit Class ‘A’ multifamily community situated at 195 East Main Street in downtown Columbus, Ohio, from Homestead Companies for $16.5 million. Newmark’s George Skaff and Carter Stephens represented the seller of the property, which was more than 86 percent...
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Investment Group with Value-Add Focus Acquires Santa Clara Multifamily
Levin Johnston of Marcus & Millichap completed the $18-million sale of a portfolio of three contiguous garden-style multifamily buildings totaling 59 units on Bellomy Street in Santa Clara. The Levin Johnston team procured a local investment group focused on value-add acquisitions as the buyer. “The Bellomy Street portfolio transaction offers investors a rare opportunity to acquire well-situated...
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$135M Tax-Exempt Bond Advances Newton Senior Living Expansion
MassDevelopment has issued a $134,850,000 tax-exempt bond of behalf of nonprofit Lasell Village Inc., which will use a portion of proceeds to renovate and expand the current Lasell Village senior living community on the campus of Lasell University in Newton, MA. The bond was sold through a public offering underwritten by Barclays Capital Inc. Specifically, Lasell Village will acquire 1.37...
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LDG Lands Low Income Housing Tax Credits for $100M DFW Project
LDG Development qualified for low-income housing tax credits for its latest DFW apartment project. The 330-unit development will be designated for households earning at or below 60% of the area median income level. LDG has started work on the Gateway at Trinity Forest at 2200 Dowdy Ferry Road. a $100 million project that is expected to...
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Bell Adds to Denver Apartment Portfolio
A Bell Partners fund spent $133 million to purchase the 400-unit Montane Apartments at 18301 Cottonwood Drive in Parker. Starlight Investments sold the property, which was acquired for $120 million in 2019 from the developer Alliance Residential Co. The Denver Business Journal reports that Bell Partners now owns or manages a portfolio of around 7,400...
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Streetlights Moving Dirt on Phase III of Viridian Project
StreetLights Residential started work on the third phase of its multifamily development within Viridian in Arlington. Situated on 2,000 acres between Dallas and Fort Worth, Viridian offers 500 acres of parks and open space, another 500 acres of protected wetlands and open water, and miles of nature trails. StreetLights completed the first two phases of...
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Texas Renters Staying Put, Raising Demand and Rents
RentCafe.com’s latest Rental Competitiveness Report reveals the tightness in the markets across Texas at the start of the 2025 peak season. With demand up, lease renewals rising, and new construction slowing in most areas, renters are facing stiffer competition this summer. Here’s a closer look at how major Texas metros are shaping up this rental season, and what renters can expect in each market: Houston leads 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