News
JLL Arranges Sale, Financing of Houston Apartment Sale
JLL Capital Markets arranged the sale and financing of the community formerly known as Camden Midtown, a 337-unit, three-story apartment community in Houston. JLL worked on behalf of the seller, Camden Property Trust. JLL also represented the buyer, Bow River Capital, in securing a loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC,...
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Innovations in Senior Housing: Expanding the Reach
Senior housing presents an interesting dichotomy. On the one hand, this asset type is specifically developed for aging individuals, located in communities with the right amenities, and can be near (or actually provide) medical care. On the other hand, McKinsey & Company said that “only 5% of seniors move in,” internationally, prompting the question about...
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Steep Multifamily Drop Brings May Housing Starts Down
A 29.7% month-over-month decline in multifamily production pushed overall housing starts down 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. May’s annualized pace of 332,000 apartment units was the lowest in six months....
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JV Teaming Up on Scottsdale Apartments
Legacy Partners (“Legacy”), with joint venture partner DWS, started construction on Olea Scottsdale, a 433-residence apartment community in Scottsdale. The project is located north of Loop 101 and east of Scottsdale Road, at the northwest corner of Legacy Boulevard and Miller Road, in Scottsdale’s fastest-growing neighborhood. Olea Scottsdale will consist of 325 garden-style homes and 108...
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Repeat Austin Project Developers Joining Forces on Apartment Venture
JLB Partners and Trinsic Residential are teaming up to convert an Austin lumber yard into a 309-unit apartment complex. The plan is to build on the former site of Eastside Lumber & Decking near the intersection of East Cesar Chavez Street and North Pleasant Valley Road. The Austin Business Journal reports the multifamily project, which...
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Biscayne Bay Mixed-Use Project Greenlighted
Continuum Company unveiled Phase II of the Continuum Waterfront District, a mixed-use development spanning over three acres along Biscayne Bay. The North Bay Planning Commission unanimously approved the most recent plan. In 2024, Continuum paid $75 million for the land that currently has a Best Western Inn and the former Shucker’s restaurant. They will make way for...
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Florida People & Companies, June 20, 2025
Ethan Krauss has joined Marcus & Millichap’s Fort Lauderdale office as Vice President Investments. He joins The Thomas Team of Marcus & Millichap where he will focus on advising clients in the acquisition and disposition of multifamily properties across South Florida. Prior to joining the firm, Krauss served as Director at Franklin Street, specializing in multifamily...
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City Planning Commission Okays Midtown South Rezoning Proposal
The City Planning Commission (CPC) on Wednesday voted in favor of the Midtown South Mixed-Use (MSMX) Plan, a proposal to bring approximately 9,700 new homes across 42 blocks of Midtown South where housing is largely not allowed today. By mapping Mandatory Inclusionary Housing onto the neighborhood for the first time, and requiring new developments to...
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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