News
Interra Realty Brokers Edgewater Apartment Transaction
Interra Realty brokered the $2.135 million sale of 1433 W. Ardmore Ave., a 13-unit multifamily building in Chicago’s Edgewater neighborhood. The transaction equates to $164,230 per unit. Interra Director Joe Braun represented the private seller. Interra Associate Tommy Richard represented the undisclosed local buyer. This is the first time the asset has traded hands in...
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CBRE Arranges Sale of Boutique Bergen County Apartments
A CBRE team led by Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer and Eric Greenberg of CBRE Institutional Properties, in partnership with Charles Berger of CBRE Investment Properties, closed the sale of Lexington Riverview, a Class A multifamily property located in the Bergen County community of Fair Lawn, NJ, for $14.9 million. CBRE represented...
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Kirkland Condominium Project Reaches Construction Milestone
Cordillera Homes announced several significant construction milestones at Central Peak Residences, a boutique collection of 26 condominiums in the heart of downtown Kirkland, including completion of the project’s cast-in-place concrete structure and the start of wood framing. “This is an exciting point in the construction of Central Peak Residences, when people can start to see...
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Michaels Organization Set to Break Ground in Davis
The Michaels Organization, a national leader in residential real estate, and its partners, Kyuden Urban Development America and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), are poised to break ground on a new multifamily housing community featuring ground-floor commercial space in Davis. The $88-million development, branded “The Lumberyard,” will rise on...
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Kingston Pursues Institutional Buyers For 2 Former Schools
The City of Kingston is stepping into the real estate market — though not, it hopes, for long. Kingston has entered into conditional agreements to acquire two former Catholic elementary schools from the Algonquin and Lakeshore Catholic District School Board. It is now looking for institutional partners that can give the properties a second life...
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Medallion Breaks Ground On 3,000-Home Foundry District In Oshawa
Medallion broke ground Thursday on the first phase of the Foundry District at 119 and 151 Bruce St. in downtown Oshawa. Construction has started on two purpose-built rental buildings rising 10 and 23 storeys. Together, they will contain more than 500 homes, with 30 per cent designated affordable. Some additional units will be offered on...
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Four Points Scores Refis on Two Grand Junction Rental Assets
Newmark arranged approximately $45.9 million in FHA-insured financing for two recently developed Class A multifamily communities in Grand Junction, Colorado: Nexus Apartments, a 122-unit property, and The Eddy Apartments, a 96-unit property. Newmark’s Kelley Klobetanz arranged the HUD Section 223(f) financings on behalf of the borrower, Four Points Funding, which also developed the two projects. ...
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SmartCentres Replaces Vaughan Housing With Office Proposal
SmartCentres is replacing a planned residential space with an office building at its SmartVMC community in Vaughan. The company presented the new employment-focused Block A8 project, part of its ArtWalk District, to Vaughan’s Design Review Panel. The site had previously been intended for housing within the seven-building district. The change follows a strategy SmartCentres discussed...
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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