News
Atlanta Metro Developer Eyeing 1.35M-SF Mixed-Use Project
BBI Developer Group is planning a sizable mixed-use project in the Atlanta Metro area. The new Town Center, called Town Center at Mansa Park, would be on Old National Highway and Pleasant Hill Road in South Fulton and include a condominium tower, apartments, three hotels, six office buildings, two restaurants and two retail spaces. In...
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Connect Midwest Multifamily Recap: Designing for Life and Work (VIDEO)
Multifamily developers are rethinking what it means to create “home” amid continued demand across the multifamily sector. At the recent Connect Midwest Multifamily event in Chicago, industry leaders discussed insights and trends, including how new residential projects are increasingly designed to foster both functionality and well-being. “The suburbs have definitely led the way early in...
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Bond Companies Breaks Ground on MF Development in WI
Bond Companies has started construction on Inspire Prairie Springs in Pleasant Prairie, Wisconsin. The first phase of the project, set to be completed in early 2027, will include 332 units across three residential buildings, as well as an amenity clubhouse. “Due to its business-friendly environment and ideal location, a number of employers have expanded their...
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Portland Apartment Developments Converted to Affordable Housing
The Portland Housing Bureau (PHB) is acquiring three existing apartment buildings with plans to convert the properties into affordable housing, adding 226 income-restricted units. The move includes the acquisition of the Goose Hollow Lofts, Paramount Apartments, and Acqua Apartments as part of an effort to address the city’s housing crisis. Goose Hollow Lofts will be...
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Coronado Apartment Sale Closes Despite Deal Complexities
Marcus & Millichap closed the sale of Del Island Affordable Apartments, a 29-unit multifamily property located at 308 Orange Ave. in Coronado. The sale price was $9,615,000. “Del Island represented a unique challenge in today’s regulatory and market environment,” said Aaron Bove, SVP investments in Marcus & Millichap’s San Diego Del Mar office. “Affordable housing...
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Jersey City Mixed-Use Tops Out First Residential Tower
The development team behind West Side Square (WSS) on Jersey City’s West Side recently topped off the project’s first residential tower, The Residences at West Side Square. The celebration brought together city leaders, creative collaborators and community members. West Side Square is being developed through a partnership between Lanterra Developments, Westdale Properties, Lantree Developments and Altree Developments. Located at 1075 West Side Ave., the 12-story Residences at West...
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55-Plus Easton Apartment Complex Finds Institutional Buyer
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler closed the sale of Zen Easton, a 99-unit, 55-plus apartment community in Easton, MA. Although CBRE did not disclose the sale price, published reports put it at $33 million. CBRE represented the seller, an affiliate of San Francisco-based FPA Multifamily, LLC. CBRE also...
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Berkadia Secures Refinance for Bellevue Multifamily
Berkadia has secured a $73.5 million loan to refinance The Madison Bellevue, a 281-unit garden-style multifamily property in Bellevue, Washington. Senior Managing Director Allan Freedman of Berkadia Los Angeles secured the permanent financing through Freddie Mac on behalf of the sponsor, California-based The Ezralow Company. Situated at 885 154th Pl NE, the property provides easy...
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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