News
Albanese, BXP, CrossHarbor Break Ground on $400M Jersey City Residential
The Albanese Organization, BXP and CrossHarbor Capital Partners broke ground on 290 Coles St., a $400-million residential development in Jersey City. Located in the city’s evolving SoHo West neighborhood, near the Hoboken border, the development will deliver 670 apartments, complemented by 13,000 square feet of street-level retail and more than 60,000 square feet of indoor and outdoor amenity...
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JLL Arranges Sale of Student Housing Property Near Illinois State University
JLL has arranged the sale of The Flats at ISU, a 155-unit, 447-bed student housing community serving Illinois State University in Normal, Illinois. JLL represented the seller, a joint venture between Campus Advantage and Heitman. JLL Capital Market’s Investment Sales and Advisory team was led by Managing Director Scott Clifton, Director Kevin Kazlow and Associate Jack...
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Black Bear Asset Management, Greystone Form JV on $110M MF Development
Black Bear Asset Management (BBAM) and Greystone Capital have formed a new joint venture for a $110 million residential development in Palmer Township, Pennsylvania. The project will consist of 320 multifamily apartments and 92 for-sale townhomes, expanding the partnership between the two companies in the Lehigh Valley. The new JV will involve BBAM focusing on...
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FPA Multifamily Pays $121M for Connecticut Portfolio
Institutional Property Advisors (IPA), a division of Marcus & Millichap, finalized the sale of the Central & Southeast Connecticut Portfolio, a four-property, 693-unit multifamily portfolio spanning New Haven, Hartford and New London counties. The portfolio traded for $121 million. The properties include New Cambridge, 208 units in Bristol; Silvertree, a 180-unit asset in Wallingford; Peppertree, a...
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MainStreet Property Group Opens MXU Project in Woodinville
MainStreet Property Group has opened its Eastrail Flats mixed-use development in Woodinville’s Schoolhouse District. The 207-unit project at 13400 NE 175th St., which was developed in partnership with HAL Real Estate, was announced in 2022 after the partners acquired the property for $12.5 million. The five-story structure is 308,000 square feet, of which nearly 100,000...
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Housing Bonds, Subsidies Will Provide $1B in Financing Across NY State
Gov. Kathy Hochul announced that nearly 3,000 affordable, energy-efficient homes will be created or preserved in communities throughout New York State as a result of $1 billion in housing bonds and subsidies. The 15 projects receiving funding, including six in New York City, are part of the governor’s five-year, $25-billion plan to create or preserve...
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Urbania, FTQ Break Ground on U-Bahn Condos Project in Laval
Urbania and the Fonds immobilier de solidarité FTQ have commenced construction on a new condominium development project in Laval, Que. The U-Bahn Condos development site is located within a short walking distance of the Montmorency metro station. The project is situated at 1801 Rue Jacques-Tétrault, at the intersection of Boulevard Le Corbusier and Rue Jacques-Tétreault....
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New GO Station to Anchor Major Woodbine Mixed-Use Project
The Ontario government has broken ground on a new massive Metrolinx GO station that will anchor a major mixed-use development at Toronto’s Woodbine racetrack. Woodbine Entertainment will contribute $170 million to the project in the city’s Etobicoke area, the province announced. “Bringing mass transit to Woodbine is a transformative step for our racetrack and 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