News
MMCC Arranges Financing on Three Boston-Area Multifamily Properties
Marcus & Millichap Capital Corporation (MMCC) has arranged $18,650,000 in financing for three multifamily properties located in Worcester, Framingham and Waltham, MA. Robert Damigella, managing director in MMCC’s Boston office, secured the financing on behalf of three private clients. The first loan, for Heywood Apartments in Worcester, features a fully amortizing 30-year term loan with a...
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Southwestern Ontario Office, Industrial Markets at Different Cycle Points
Southwestern Ontario’s office and industrial real estate owners and tenants are taking different approaches as they start to see long-awaited growth in the post-pandemic era and deal with more market challenges, says a leading executive in the region. “Office and industrial are in quite different stages in the cycles,” said Mitchell Blaine, a JLL executive...
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Global Trade Tensions Cause Canadian CRE Market to Pivot
Global trade tensions and economic uncertainty are prompting a strategic shift in Canada’s commercial real estate (CRE) market, says Re/Max report issued Wednesday. The company’s 2025 Commercial Real Estate report of first-quarter activity in 12 major markets found that investors are targeting assets with strong fundamentals, repositioning portfolios, and favouring adaptive reuse to weather ongoing...
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Charney, Tavros Line Up $525M Financing for Long-Planned LIC Condos
Developers Charney Companies and Tavros, in partnership with Incoco Capital, have lined up $525 million in construction loan financing to develop 24-19 Jackson Ave. and 45-03 23rd St. in Court Square, a 55-story skyscraper soon to begin rising in Long Island City. A formal name for the residential condominium project hasn’t been determined. The project has gotten $425 million...
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Developer Duo Building 389-Unit McKinney Apartment, Townhome Community
Milhaus and FrontRange Capital Partners have started work on Atheria at West Grove, a 389-unit Class-A hybrid apartment and townhome community located in McKinney. Leasing and first move-ins are slated for Spring 2026. Located at 8701 West University Drive, Atheria is within the new West Grove master-planned development, a 52-acre mixed-use development in the city of McKinney. ...
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Scottsdale-Area Apartments to Replace Strip Mall
Fifield Cos. is tearing down a strip mall just outside the Scottsdale city limits and replacing it with a seven-story apartment complex. The project, to be called The Residences at Scottsdale Crossing, is slated to be built on 4.3 acres at 7077 E. Bell Rd. The venture is located near the Southwest corner of North...
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Developer Looking East of Dallas for Master-Planned Community
Main Square Development is looking to develop a 1,531-acre master-planned community along Griffith Road and FM 245 in Terrell, about 30 miles east of Dallas. The Dallas Business Journal reports that the community, called Terra Nova, will feature roughly 1,200 multifamily units, about 112 acres of commercial space and about 145 acres of parks and...
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Miami Developer Obtains $111M Construction Loan
Newmark arranged a $111 million construction loan for The Perrin, a 26-story, 310-unit multifamily development at 901 SW 3rd Avenue in Miami, Florida. Newmark’s Danny Matz secured the financing on behalf of the sponsor, The Empira Group (“Empira”). Goldman Sachs provided the loan. Slated for completion in 2028, The Perrin is Empira’s first high-rise development...
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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