News

White House Pushes to Take Fannie and Freddie Public

Apartment Buildings

President Trump has reiterated his intention to list Fannie Mae and Freddie Mac on a major stock exchange, potentially ending the conservatorship in effect since the 2008 global financial crisis. However, Trump said the GSEs would retain federal guarantees as a backstop. “I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to...

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CBRE Arranges Sale and Financing of 180-Unit MF in Missouri

Chicago & Midwest + Apartment Buildings

CBRE has arranged the sale and acquisition financing for The Station St. Peters, a 180-unit multifamily property in St. Peters, Missouri. Salem, Oregon-based Bonaventure purchased the property from Mia Rose Holdings LLC for an undisclosed amount. CBRE’s Matt Bukhshtaber represented the seller in the transaction. CBRE’s Nick Santangelo, Bruce Francis, Shaun Moothart, Bob Ybarra, Doug...

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Carbon Companies Starts Work on Next Stage of Frisco Apartments

Texas + Apartment Buildings

Carbon Companies announced the groundbreaking of the final two phases of The Links on PGA Parkway, a multifamily development in the heart of Frisco’s Urban Village. The groundbreaking follows the closing of an approximate $125 million loan in April, arranged by the Carbon Companies team to finance the remaining phases of the 38-acre development. Completion is slated...

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McKinney’s West Grove Moving to Next Phase

Texas + Apartment Buildings

West Grove is still a work in progress, but is moving toward fulfilling its promise. Five years in the making, the 52-acre mixed-use development has its first tenants up and operating. With the first two phases already open to the public, construction is continuing on the project, which will feature 500,000 square feet of retail...

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Rental Home Leader Buying Up Wake County Townhomes

Atlanta & Southeast + Apartment Buildings

Home rental company Invitation Homes has bought 152 townhomes in the Glennon at Wendell development in Wake County. The Triangle Business Journal reports that the company paid $41.4 million for the individual units. That comes out to about $272,000 a unit. Meritage Homes built the townhomes at Glennon and has been selling them in lots...

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Florida People & Companies, May 30, 2025

Florida & Gulf Coast + Apartment Buildings

ANF and McDowell Housing Partners are developing Southpointe Vista Phase II, a 208-unit affordable housing development in Goulds, Florida. Phase I was recently completed earlier this year. Southpointe Vista Phase II will introduce an additional 208 units within a 12-story building. It’s for households earning between 30–70% of the Area Median Income. Cushman & Wakefield represented Elion...

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Graycliff Picks Up Asheville Rental Community

Atlanta & Southeast + Apartment Buildings

Carlisle Residential has unloaded Highline North, a 168-unit multifamily property in Asheville. Graycliff paid $43.75 million for the property. Berkadia’s Caleb Troop, Thomas Colaiezzi, and Matt Robertson brokered the deal. Berkadia’s Jeremy Lynch and Jake Adoni secured acquisition financing through Freddie Mac on behalf of Graycliff. Located at 602 Highline Drive and built in 2023,...

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CRE Leaders Weigh in on State of Canadian Market

Canada + Apartment Buildings

Canada’s commercial real estate market will get through the tumult and uncertainty now affecting it without having suffered permanent damage. That was a prevailing sentiment as industry leaders weighed in on the state of the market Wednesday at the Connect Canada conference in downtown Toronto. “These are clearly changing times in real estate,” said Peter...

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