News
CRE Execs Identify the Key Opportunities in 2025 (VIDEO)
“We’re really focused on sectors where we see strong tailwinds to demographics coupled with limited future supply in the near term and strong demand generally. So that’s putting us into the housing sectors.” That’s Jonathan Watson, managing director at AEW Capital Management, responding to the question of what opportunities industry leaders are hoping to see...
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Latest Capilano Mall Redev Plan Calls for 11 MF Towers
A new redevelopment proposal for Capilano Mall in North Vancouver, B.C., calls for the construction of 11 multi-family residential towers as part of a large-scale, mixed-use transformation of the site. The revised master plan application was submitted by QuadReal Property Group to the City of North Vancouver. The plan outlines a total of about 3,400...
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Essex Closes Multifamily Sale in Grayslake
Essex Realty Group has completed the sale of the Glen Street Apartments at 145-185 Glen Street, located in the village of Grayslake, approximately 50 miles north of downtown Chicago. Brian Karmowski, Principal at Essex represented both the buyer and seller of the transaction. The property attracted significant interest from prospective buyers, ultimately selling for $5.82...
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CBRE Arranges Fee Interest Sale for Apartments on CT/NY Border
A CBRE team led by Jeffrey Dunne, Eric Apfel and Travis Langer closed the sale of Putnam Green, a multifamily apartment community totaling 66 units in Greenwich, CT. The $20.7-million sale represents the largest multifamily transaction in Greenwich since the 2012 sale of Millbank Commons, also brokered by CBRE. CBRE represented the seller of Putnam...
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Ionic Development Promotes Briana Pinheiro to Partner
Ionic Development Company has promoted Briana Pinheiro to partner, marking a significant expansion of the Boston-based firm’s women-led leadership team. With more than 15 years of experience leading complex commercial real estate projects, Pinheiro brings a rare combination of technical expertise, strategic vision and community-first values to Ionic’s continued growth across New England, the company...
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Walker & Dunlop Secures $106M for DC Luxury Apartments
Walker & Dunlop has provided $106.3 million in financing for Agora, a 334-unit high-rise multifamily asset in Washington, D.C. Walker & Dunlop multifamily finance, led by Brendan Coleman and Connor Locke, arranged the financing on behalf of the longtime W&D client and Fannie Mae priority borrower, WC Smith. The team secured a rate lock, providing...
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Legacy Apartments Change Hands in Supply Constrained Salinas
Levin Johnston of Marcus and Millichap finalized the sale of Archer Gardens Apartments, a circa-1972, 32-unit multifamily building located at 633 Archer St. in Salinas, which currently has some of the fastest-growing apartment rents in the country. The sale price was $8.25 million. “The buyer of Archer Gardens Apartments recognized the value of a legacy asset...
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Harvard Square Apartments to Undergo Condo Conversion Following Sale
The Griffith Pepdjonovic Group at Marcus & Millichap closed the sale of Ellery Apartments, a 14-unit multifamily property located at 84-86 Ellery St. in Cambridge, MA, for $6,650,000. The property is within walking distance of Harvard University and the Harvard MBTA station. “Situated in the heart of Harvard Square, this trophy asset sold for the first...
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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