News
Hallandale Beach Okays $70M Condo Project
Kadima Developers announced that its newest development, Seven Park, has secured city approvals and entitlements. The $70 million, mixed-use project is located at 218-220 SE Seventh Street, ideally between Hallandale Beach and Aventura. Seven Park will feature 121 residences and four new ground-floor retail spaces totaling 4,500 square feet. The eight-story, 200,000-square-foot development will be...
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Argyle Picks Up 289-Unit Jacksonville Rental Community
Argyle Real Estate Capital acquired a Jacksonville apartment complex from WRH Realty. Argyle obtained a $31.3 million Freddie Mac-backed loan with a 10-year term, floating rate and 7-year interest-only. Matt Robbins, Mitch Sinberg, Brad Williamson, Scott Wadler, and Hugo Hernandez of Berkadia Boca Raton and Miami lined up financing for the buyers. Berkadia’s Greg Rainey led...
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Vancouver Condo Sales Fall, Project Cancellations Increase
Vancouver condominium sales dropped 37% between mid-2022 and the first quarter of 2025, according to a new report from the Canada Mortgage and Housing Corporation (CMHC). The report attributed the decline to rising interest rates that have reduced affordability for homebuyers and weakened investor returns. The downturn has led to a growing inventory of unsold...
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Investor Demand Exceeds Canadian Multi-Family Supply
Investor appetite for Canadian multi-family rental assets exceeded core-quality availabilities in the first quarter, says a new report from Morguard. Multi-family assets were expected to generate strong yields but supply was limited, according to Morguard’s 2025 Economic Outlook and Fundamentals report. “The multi-suite residential rental sector’s continued resilience was observed in the first quarter, amid...
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Merchants Capital Provides $231M Financing for Eastchester Gardens Rehab
Merchants Capital secured $231 million in total financing for the renovation of Eastchester Gardens, a $391-million New York City Housing Authority Permanent Affordability Commitment Together (PACT) project that spans 10 residential buildings in the Bronx. Eastchester Gardens is one of the oldest public housing developments in New York City and the second oldest in the borough....
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GWLRA Breaks Ground on Calgary Apartment Project
GWL Realty Advisors (GWLRA) has broken ground on a 24-storey rental-apartment tower in Calgary’s Beltline district. Located at 1405 Fourth Street S.W., the project will deliver 219 professionally managed rental units along with nearly 6,000 square of pedestrian-oriented retail space at street level. “This new development represents our continued commitment to building high-quality rental communities...
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Related California, Weingart Center Open LA’s Largest Supportive Housing Project
Weingart Center Association and Related California held the grand opening of 600 San Pedro, a 17-story residential mixed-use building with 302 units of permanent supportive housing on a 1.12-acre site in Downtown Los Angeles. Owned and operated by Weingart Center and co-developed with Related California, 600 San Pedro is reportedly the largest 100% permanent supportive housing development in the City...
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RFP Seeks Mixed-Income Housing for Parcel E at Hunter’s Point South
The New York City Department of Housing Preservation and Development (HPD) said Friday it has issued a Request for Proposals to develop the vacant Parcel E in the Hunter’s Point South neighborhood in Queens. The RFP calls for a multi-building, mixed-use development with affordable and market-rate housing, commercial space, community facility space, and a publicly...
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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