News
City Realty Buys Brookline Multifamily Portfolio for $23M
City Realty has acquired a nine-building multifamily portfolio in Brookline, MA for $23.15 million. Colliers facilitated the sale on behalf of Ramon Realty. The portfolio, which features a 95% occupancy rate, totals 65,262 square feet across 49 residential units and three commercial spaces. Colliers noted that the properties attracted nationwide interest from private and institutional...
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Greystone Provides Fannie Mae Refi on San Diego Mixed-Income
Greystone provided a $46.79-million Fannie Mae loan to refinance The Nash, a 190-unit multifamily property located at 4135 Park Boulevard in San Diego’s North Park neighborhood. Greystone’s Clint Darby and Andrew Remenschneider originated the financing, with BMO serving as correspondent. The property is owned by an affiliate of CEDARst. Completed in 2024, the property features 190...
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SVN Chicago Commercial Facilitates Sale of Property in Chicago’s Noble Square Neighborhood
SVN | Chicago Commercial facilitated the $1.56 million sale of a six-unit Greystone and coach house property at 950–952 N. Noble Street in Chicago’s Noble Square neighborhood. Wayne Caplan, Senior Vice President with SVN | Chicago Commercial, represented the seller. The value-add property drew immediate buyer interest, before ultimately selling above asking price. The building’s...
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Vivmark Merger Triggers $742M in Bay Area Apartment Acquisitions
The mega-merger of AvalonBay Communities and Equity Residential triggered the purchases of at least seven apartment complexes in the South Bay and East Bay, the Mercury News reported. Affiliates of Vivmark Residential have acquired properties with a combined 1,843 units in Mountain View, Fremont, Campbell, Union City and Dublin for a total of $741.8 million. The largest of the properties by unit count and price was Avalon Campbell...
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Laramar Group Acquires 656-Unit High-Rise Apartment Building in Chicago
The Laramar Group has completed the acquisition of Eleven Thirty, a 656-unit high-rise apartment community at 1130 S. Michigan Ave. in Chicago. Originally constructed in 1967, Eleven Thirty is an iconic 43-story building on Chicago’s Michigan Avenue that offers amenities and views of Grant Park and Lake Michigan. The property is in the South Loop...
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Sekisui Launches Modular Manufacturing Hub In Burlington
Sekisui has opened its first Canadian modular manufacturing factory in Burlington, Ont., following a $15-million investment. Sekisui’s investment comes as developers and governments search for ways to increase housing supply amid persistent affordability pressures. Ontario has encouraged factory-built construction as the province works to accelerate homebuilding and address skilled-trade shortages. The company has leased a...
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Asia Standard Seeks Vancouver Hotel-To-Residential Redevelopment
Asia Standard Americas is seeking approval for a 19-storey tower on the former Robsonstrasse Hotel site, extending its investment along downtown Vancouver’s Robson Street corridor. The proposal for 1394 Robson St., at Broughton Street, would contain 72 homes: 57 strata condominiums and 15 social housing units. A two-storey podium would provide about 10,400 square feet...
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Cortland Offloads 812 West Palm Beach Apartment Units for $208M
The Portofino Place east and west apartment community in West Palm Beach sold for a combined $208 million in two deeds. Cortland Partners sold the 812 apartments at 4400 and 4600 Portofino Way to Fairfield Residential. It comes out to $246,000 a unit. The S. Florida Business Journal reports the individual properties were valued at...
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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