News
Related, Merrimac Close on $160M Pompano Beach Financing
Related Group(Related) and Merrimac Ventures, alongside Hilton, announced the closing on $160 million in construction financing from Bank OZK for Waldorf Astoria Residences Pompano Beach (The Residences). The project marks the Waldorf Astoria’s first-ever standalone residential development. Set on two acres of oceanfront, The Residences will offer 92 condominium homes and a suite of resort-style amenities and personalized services managed directly...
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Miami Land Assemblage Slated for Mixed-Use Project
A fund controlled by David Cohen and Liam Krahe acquired a 35,544-square-foot development site comprising six contiguous parcels in downtown Miami for $20.9 million. The fund is focused on acquiring and developing land in high-growth, high-density submarkets of South Florida for ground-up mixed-use projects. The six-parcel assemblage forms a single development site located in Miami’s...
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Crumbling Atlanta Offices Set for $110M Revamp
Not far from Centennial Yards, a vacant building will be gutted and converted into affordable housing and retail. To be called Folio House, the building was once the home of the Atlanta Constitution. The City of Atlanta owns the structure. Last year, Atlanta picked Gorman & Co. to lead the redevelopment. Gensler is the architect. The...
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High Street Building Sandy Springs Apartment, Townhome Community
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company(TCC), alongside partner Third & Urban, announced plans for Hillcrest, an 8.1-acre mixed-use development in Sandy Springs, Georgia. Scheduled to break ground in June 2025 and complete in 2027, this project, adjacent to City Springs, will deliver 362 apartment units, 30 for-rent townhomes, and over...
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Brookfield Residential, Trez Partner on Florida Master-planned Community Project
Brookfield Residential has formed a joint-venture with Trez Capital to complete a large master-planned residential community in Central Florida. The new community, named Osprey Creek, will be located in Polk County, about 70 kilometres (35 miles) south of Orlando. The community will include more than 900 residential lots and offer single-family homes with a focus...
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Multifamily Fraud Prevention Alliance Launches
Rental application platform 100 has strengthened its commitment to shape industry-wide transformation through the first fraud prevention alliance, uniting innovators in identity, fraud prevention, and real estate. CLEAR will join as a founding member, alongside National Multifamily Housing Council Top 50 leaders including Pauline Houchins (Asset Living), Allison Crawford (Knightvest Residential), Brenda Lindner and Russell Church (RAM Partners) and others. The alliance seeks to enable property managers...
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Seller Divests Brooklyn Apartments After 60-Plus Years
Marcus & Millichap arranged the sale of 275 Linden Blvd., a 101-unit residential building in Brooklyn’s, Prospect-Lefferts Gardens neighborhood, for $10.8 million. The transaction marks the first time the property has changed hands in more than 60 years. Shaun Riney and Daniel Greenblatt, investment specialists in Marcus & Millichap’s Manhattan office, marketed the property and...
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BGO Closes US$5.1B Capital Raise on Asia Value-Add Real Estate Fund
BGO has announced the final close of its flagship Asia-focused value-add real estate strategy, BGO Asia Fund IV, raising more than US$5.1 billion in total capital commitments, including co-investment sidecars. The fund marks the largest closed-end capital raise in the firm’s history, said BGO. The BGO Asia Fund IV targets value-add opportunities in office, hospitality,...
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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