News
BWE Arranges Refi for Goodyear Apartment Developer
BWE arranged $31.25 million to refinance Cabana Bullard, a multifamily community completed in 2023 and located at the corner of North Bullard Avenue and West Van Buren Street in Goodyear, Arizona. The financing was arranged on behalf of Greenlight Communities, LLC, a Scottsdale-based developer. Based out of the BWE Phoenix office, Charlie Williams and Matt...
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Charlotte Developer Ready to Go on $160M Apartment Project
Panorama Holdings says they are just days away from starting work on a 434-unit rental community in Charlotte. Construction will take about two-and-a-half years. The Charlotte Business Journal reports the Panorama Falcon is projected to cost about $160 million and will consist of two midrise buildings with studio, one-, and two-bedroom market-rate units. The project...
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People & Companies News for Week Ending June 13, 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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Lower Calgary Housing Sales Outperform Long-term Trends
Calgary home sales declined in May, largely due to a steep drop in apartment-condominium transactions. Sales in the sector fell 36.2% to 579 units from 907 a year earlier, pushing overall residential sales down 17% compared to May 2024, said the Calgary Real Estate Board in its monthly report. Despite the sharp year-over-year decline, the...
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Evergreen Impact Housing Fund, DevCo to Open 275-Unit Residential Project in Renton
Evergreen Impact Housing Fund (EIHF), DevCo, and local credit unions are set to open the Astra apartments, a 275-unit residential development in Renton, Washington. Located at 2950 NE 11th St, Renton, WA 98056 Partners include the Washington State Housing Finance Commission, DevCo, BECU, Salal Credit Union, Sound Credit Union, Verity Credit Union, and WSECU. This...
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L+M Partners with Sixth Street, Forms Holding Company
L+M Companies, one of the country’s leading affordable and mixed-income housing developers, on Wednesday announced a strategic partnership and significant investment from Sixth Street, a leading global investment firm. The partnership will support L+M’s 40-year track record of development and preservation work in New York and 14 other states and expand its work to additional areas of the country. L+M...
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Berkadia Completes Sale, Secures Financing for Multifamily Property in Tukwila
Berkadia has completed the sale of Foster Creek, a 179-unit garden-style multifamily property in Tukwila, Washington. Located at 15110 Macadam Rd S, the property affords convenient access to the Link Light Rail Station and Westfield Southcenter Mall. Managing Directors Benjamin Johnson and David Sorensen, Director George Pallis, Associate Director Peter Dudunakis, along with Senior Managing...
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Lument Arranges FHA Loan on Brooklyn Senior Housing
Lument closed a $26.8-million U.S. Department of Housing and Urban Development (HUD)/Federal Housing Administration (FHA) Section 223(f) loan to refinance Tri-Senior Housing for sponsor HDF Companies. The 203-unit affordable housing property consists of income-restricted apartments for seniors and mobility-impaired individuals located across three non-contiguous sites in Brooklyn. West End Gardens I and II are 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