News
AvalonBay, Spectrum Open Lake Norman Apartment/Townhome Venture
AvalonBay Communities Inc. (NYSE: AVB) and The Spectrum Cos. have delivered Avalon Lake Norman, a 345-unit apartment and townhome community at 170 Caspian Place, west of Mooresville. Public records show that AvalonBay acquired the 27.1-acre project site in October 2022 for $5.6 million. The Atlanta Business Chronicle reports Avalon Lake Norman includes 47 townhomes and...
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People & Companies News for Week Ending June 30, 2025
Colliers has promoted Susan Thompson to director of Canadian research. Thompson now oversees research teams across the four western provinces. Based in Vancouver, she had served as associate research director since joining the company in 2022. Avison Young has appointed Hadley Duncan as a principal and senior director of the valuation and advisory services team...
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Pacific Urban Investors Expands Portland Metro Portfolio
Multifamily owner-operator and investment manager Pacific Urban Investors has acquired Meadow Creek, now renamed Ansley Murrayhill, a 304-unit apartment community in Tigard, Oregon. The acquisition of Meadow Creek brings Pacific’s Portland metro portfolio to 2,610 units across 10 properties. Meadow Creek is a two-story, garden-style community with 608 parking spaces. Located in the Murrayhill neighborhood...
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Milhaus Opens Luxury Apartments in Oklahoma
Milhaus and its partner Humphreys Capital celebrated the grand opening of Oxlley, the newest apartment community in Edmond, Oklahoma. Located at 101 West Main Street in the historic downtown area, Milhaus’ development provides easy access to schools, universities, major employers, and hospitals. “Oxlley isn’t just a new apartment community. It’s a journey through time,” said...
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Multifamily Portfolio Near University of Chicago Listed for Sale
Kiser Group announced the exclusive listing of the University of Chicago Portfolio, two multifamily opportunities located adjacent to the University of Chicago campus. The portfolio will officially hit the market with an asking price of $10 million and current occupancy at 95%. The University of Chicago Portfolio is being marketed by Lee Kiser and the...
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Mill Creek MF Part of PGIM Real Estate $347M Acquisition Deal
PGIM Real Estate has completed three property acquisitions, for a total of $346.9 million on behalf of the PGIM Private Real Estate Fund, Inc. The fund closed on a $168.4 million gross investment of a 34-acre, 570-unit residential community in partnership with the Post Real Estate Group. The property is located in Mill Creek, Washington,...
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Groupe HD, Kastello, CPD Launch Montreal MF Mixed-Use Project
Groupe HD, Kastello Immobilier and CPD have launched a $150-million multi-family mixed-use redevelopment project in the Saint-Michel neighbourhood in Montreal. The project will comprise a six-storey residential complex with 380 rental units and about 20,000 square feet of commercial space. The investment is part of the ongoing revitalization of the Saint-Michel area. “By harnessing the...
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Concord Summit Capital Secures $25M for Gold Coast MF Acquisition
Concord Summit Capital has arranged $25.14 million in bridge financing for The Archer, a 68-unit multifamily property located in Chicago’s Gold Coast neighborhood. The funding enabled an existing limited partner to acquire full control of the asset from the general partner and initiate a renovation of the remaining units. Concord Summit’s Managing Director, Daniel Eidson,...
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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