News
Trumark Acquires 195 Lots for Two New Bishop Ranch Neighborhoods
Trumark Homes is adding to the residential component of Sunset Development’s Bishop Ranch mixed-use megaproject in San Ramon, acquiring 195 lots for The Trails in Bishop Ranch. Located on the northwestern land of Bishop Ranch, the project’s two new neighborhoods include Promenade at The Trails, with 67 three-story single-family homes; and Paseo at The Trails,...
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Southern Land Co. Inks $165.9M Construction Loan for Upper Kirby Mixed-Use Project
Southern Land Co. has secured $165.9 million in financing for a mixed-use development underway in Houston’s Upper Kirby area. The Houston Business Journal reports that Bank OZK issued the loan to support the construction of the 2811 Kirby development. The project broke ground in April. The 2-acre, 953,000-square-foot development at 2811 Kirby Drive, near the intersection...
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Manulife Pays $48M For North Vancouver Townhouses
Manulife Financial has bought a North Vancouver rental-townhouse complex from KingSett Capital for $48 million, paying less than the property sold for four years ago. The insurer acquired Twin Lakes by purchasing the company that owned the property. The deal for the 57-unit community, comprising seven buildings at 3701–3817 Princess Ave., closed July 30. The...
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OLT Hands Rare Rejection To 2,180-Unit Long Branch Project
The Ontario Land Tribunal has rejected plans to replace five seven-storey rental buildings in Toronto’s Long Branch neighbourhood with seven towers containing 2,180 homes. The ruling represents a rare setback for a developer at the tribunal. An Ontario auditor general review found the OLT allowed 90% of 116 proposed developments decided in 2023-24 to proceed,...
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Saint John Backs 267-Unit Lansdowne Plaza Development
Saint John council has advanced a 267-unit residential development beside Lansdowne Plaza that could become the first housing project under the city’s North End Plan. Council gave first and second readings to a rezoning and development agreement for a 3.79-acre site at 145 Lansdowne Ave., Saint John, N.B., encompassing lots along Sears and Harrington streets....
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FRP, Woodfield Begin Work on Expansive Estero Development
FRP Development Corp, in partnership with Woodfield Development, has started construction on the first phase of its Coconut Road mixed-use development in the Village of Estero, Florida. At 23281 Lyden Drive, across from Coconut Point, the development is planned to include approximately 600 apartment homes, 80,000 square feet of retail space, 20,000 square feet of...
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Thompson Thrift Pursuing 319-Unit Powder Springs Rental Community
Thompson Thrift is moving ahead on Avira at Silver Comet Trail, a 319-unit multifamily community in the Atlanta suburb of Powder Springs. Construction is underway with resident move-ins expected to begin in October 2027. Located at the southeast corner of Highway 278 and Isley Stamper Road, the community will offer convenient access to downtown Powder...
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Marcus & Millichap Brokers Sale of 490-Unit Multifamily in St. Louis
Marcus & Millichap announced the sale of Trinity Park Apartments, a 490-unit multifamily property in North St. Louis. The property was sold through an online live bid auction sale conducted by Marcus & Millichap. “Trinity Park Apartments offered investors a significant value-add opportunity,” said Ryan D. Engle, senior managing director investments. “The property’s below-market occupancy...
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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