News
ORIX Acquires Two Texas Rental Assets
An ORIX Corporation USA affiliate acquired three multifamily properties totaling 1,029 units in Texas (two) and Georgia (one). The transactions, representing approximately $200 million in aggregate value, expand ORIX USA’s multifamily equity portfolio and reflect the firm’s continued investment in residential real estate across the United States. Lookout – Dripping Springs, Texas: ORIX USA acquired Lookout,...
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Pinnacle Secures Financing for Fort Lauderdale Affordable Sr. Housing
Pinnacle secured $40.2 million in financing to develop a new mixed-use, affordable senior housing community in Fort Lauderdale. The financing will support Pinnacle at Cypress Phase I, the first of a two-phase development that will combine senior housing with ground-floor commercial space. Located at 6520 North Andrews Avenue in Fort Lauderdale, Pinnacle at Cypress Phase...
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HMF Americana Developing Charlotte Mixed-Use Community
HMF Americana acquired a development site from Harris Teeter near the border of Stallings and Weddington in Charlotte to build a mixed-use community. The planned development will include 221 rental homes, dedicated 55+ residences, and approximately 10,000 square feet of multi-tenant commercial space. Site work is expected to begin in October, followed by vertical construction in...
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Newmark Arranges $215.8M Loan for 5-Property Florida Multifamily Portfolio
Newmark arranged $215.8 million in bridge refinancing for Waypoint Residential’s five-property, 1,274-unit multifamily portfolio spanning key markets throughout Florida. Newmark’s Matthew Williams and Rob Wright secured the construction takeout bridge financing through Benefit Street Partners, with support from James Maynard and Kyle Schlitt. The portfolio comprises five newly constructed, luxury garden-style multifamily communities in Vero...
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New Apartment Building in Berkeley Heights Live-Work Campus Opens Doors
Move-ins are officially underway at RT500, a new 179-unit luxury community developed by The Connell Company in Berkeley Heights, NJ. The 11-story property is located within The Park, a 185-acre mixed-use campus about 30 minutes from downtown New York City. Greystar is managing leasing and in-person tours at RT500, which offers a mix of studio,...
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SVEC Proposes 55-Storey York Mills Centre Redevelopment
SVEC Group has submitted rezoning applications for the eastern portion of York Mills Centre, an office and retail complex connected to York Mills subway station. The 8,723-square-metre redevelopment site at 20 and 36 York Mills Rd. in Toronto contains two connected buildings ranging from five to seven storeys. They accommodate offices, service-commercial uses and a...
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Gantry Secures $23M for KS Multifamily Near Pittsburg State University
Gantry has secured a $22.75 million permanent loan for the University Digs apartment community located at 1902 S Broadway St in Pittsburg, Kansas, directly adjacent to Pittsburg State University. The three-story, 190-unit property features a mix of studio, one- and two-bedroom floorplans. Originally built in 1960, University Digs has undergone extensive renovations since then. Gantry’s...
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Eastham Capital, Bender Companies Acquire Suburban Chicago Residential Property
Eastham Capital has acquired the Fox Run Apartments, a 220-unit community in St. Charles, Illinois, within Chicago’s western suburban market. South Florida-based Eastham Capital acquired the community through its fund, Eastham Capital Fund VII, LP, with its operating partner, Bender Companies. “We are thrilled to acquire Fox Run as we continue expanding our footprint in...
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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