News
Greysteel Arranges $18M Deal for 142-Unit Milwaukee Multifamily
Greysteel arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Avenue in Cudahy, Wisconsin, a Milwaukee submarket. Greysteel represented the seller, a private investor. Peak Capital acquired the asset. The assignment was led by BJ Connolly, Senior Managing Director and head of the Midwest Multifamily team, with Doug...
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Fourth Avenue Capital Acquires 87-Unit Apartments in Bend
CBRE arranged the sale of Steppe, an 87-unit multifamily community located at 2365 NE Conners Ave. in Bend, Oregon. The property sold for just over $20 million. CBRE’s Sam Lawhead, Joe Nydahl, Matt Dodd and Josh McDonald represented both the seller, National Real Estate Advisors and the buyer, Fourth Avenue Capital, in the transaction. Completed...
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Pier 4 Buys 141 Halifax Apartments For $22.6M
Pier 4 REIT has acquired three Halifax apartment buildings containing 141 units for $22.56 million, expanding its Atlantic Canadian portfolio. The transaction, which closed Aug. 31, values the portfolio at about $160,000 per apartment. The three-storey buildings, all constructed in the 1970s, are located at 2–18 Foxwood Terr., 46 River Rd. and 15 Sylvia Ave....
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Panelists from Connect Texas Multifamily Discuss Where We Are in “The Cycle”
The apartment investor, developer and renter are all affected by cycles endemic in the industry. Where are we now? A handful of panelists at the Connect Texas Multifamily conference at The Joule weighed in on where we are when it comes to cycles. Greg Willett from Leaseback believes we just crested, “Midyear was the pivot...
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CIM Group, Hulic Pick Up White Plains Apartment Building for $64M
CIM Group has made its first foray into Westchester County by acquiring a new 135-unit apartment building in White Plains, NY, in partnership with Japan’s Hulic Co., Ltd. The asset sold for $63.4 million, with a CBRE Institutional Properties team of Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer, and Eric Greenberg representing the seller,...
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NIC MAP Sees $1T Gap Between Seniors Housing Demand and Construction
The supply-demand imbalance in U.S. senior housing creates a $1-trillion investment opportunity, NIC MAP reported. NIC MAP’s updated Senior Housing Market Outlook shows that the nation’s 80+ population is entering a period of historic growth just as existing communities are filling up and new construction remains near historically low levels. With the first Baby Boomers turning 80 throughout 2026, the...
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Namdar Group Lands $390M Construction Loan in Jersey City
Namdar Group has scored $390 million in construction financing for Park Tower, a 47-story multifamily project in the Journal Square neighborhood of Jersey City, NJ. Walker & Dunlop Capital Markets Institutional Advisory arranged the financing package, which includes a floating-rate, interest-only senior construction loan from Affinius Capital provided and a floating-rate, interest-only mezzanine loan from...
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Evergreen Building Mesa Apartments, Retail
Evergreen Development acquired an 11.7-acre parcel north of Signal Butte and Warner in Mesa’s Eastmark submarket to build a mixed-use community that pairs multifamily housing with new retail. The property was purchased from Brookfield. The development combines apartment homes with a retail center. The multifamily portion will include 261 units across nine three-story buildings. Residents will have access...
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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