News
Mississauga Cuts Development Fees In $401.4M Infrastructure Deal
Mississauga is eligible for up to $401.4 million in federal and Ontario infrastructure funding after committing to maintain steep cuts to residential development charges through March 31, 2029. The city reduced charges by 50% beginning Jan. 29, 2025, and will eliminate them for rental units with one bedroom plus den, two bedrooms or three bedrooms....
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Camden Pays $88.6M for Nashville Apartment Highrise
Camden Property Trust acquired the Harlowe multifamily community in Nashville’s Gulch neighborhood. The price was $88.6 milion or nearly $300,000 a unit. The apartment complex will be redubbed Camden Gulch. The Nashville Business Journal reports that Greystar was the seller and the developer, having bought the property at 908 Division St. in 2019. The 16-story...
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Wood Partners Breaks Ground on All-Electric Community Near Boston
National multifamily developer Wood Partners is expanding its presence in Massachusetts with the construction of a sustainable 237-unit community in Concord, about 20 miles northwest of Boston. The company has broken ground on the property and expects to wrap up construction in February 2028. Alta Thoreau will offer one-, two- and three-bedroom units across two...
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Gwinnett County Rental Asset Trades for $67.2M
A 352-unit multifamily development in the Gwinnett County town of Lawrenceville has sold for $67.2 million. The Atlanta Business Chronicle reports that Oxford Properties was the seller and Sherman Residential was the buyer. The rental community is on land on the site of the former Northwoods County Club golf course. Lawrenceville is 30 miles NE...
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Morgan Stanley Fund Pays $93.1M for Florida Senior Housing Portfolio
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), acquired a Class A seniors housing portfolio located in the Orlando and Tampa metropolitan areas. The portfolio includes two communities comprising 300 independent living, assisted living and memory care units serving residents in Central Florida. The portfolio comprises the 193-unit...
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Joint Venture Lands $44M Refi for Tampa-Area Apartments
Mast Capital and Rockpoint obtained $44 million in refinancing for The Harlow, a 248-unit, Class A, garden-style multifamily community in Wesley Chapel, Florida. Berkadia’s Mitch Sinberg, Scott Wadler, Matthew Robbins, Brad Williamson, and Bryan Brown of Berkadia’s Miami and Boca Raton offices arranged the financing on behalf of the joint venture. Walton Street Capital provided...
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CEDARst Snags $80M Construction Loan for San Diego Apartments
CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arranging the three-year, floating-rate loan through CrossHarbor Capital Partners. The Samuel will be located at 2821 Adams Ave. in North Park. The eight-story development...
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City Opens Housing Lottery for 227 South Bronx Apartments
New York City has launched a housing lottery for 227 units at One River Park, a major two-tower development under construction alongside the Harlem River in the South Bronx. The lottery, which ends September 24, is open to people earning between 70% and 130% of the area median income (AMI), according to the city’s Housing...
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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