News
Industrial Construction Gains Ground As Commercial Building Slows
Canada’s construction market delivered a split picture in the second quarter, with industrial building gaining ground as commercial investment declined. Investment in industrial construction rose 4.9 per cent after adjusting for inflation, Statistics Canada reported Wednesday. The gain was nearly enough to offset weaker spending on commercial and institutional projects, leaving overall non-residential investment slightly...
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PCCP, RPM Pick Up 358-Unit Arlington Multifamily Community
A joint venture between PCCP and RPM Living Investments has acquired Truman at Arlington Commons, a four-story multifamily community located at 505 E Lamar Boulevard in Arlington, TX. The property was developed and owned by The Nehemiah Company. Built in 2021, the property features 358 units with an average size of 807 square feet (sf), across floorplans...
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Knightvest Capital Acquires 1,027-Unit Round Rock Apartment Portfolio
Knightvest Capital acquired the Silicon Hills portfolio, three communities totaling 1,027 units in Round Rock, Texas. Lynd Living was the seller of the three properties. The acquired portfolio includes Enclave at La Frontera, a 411-unit community built in 2004; Lakeside at La Frontera, a 366-unit community built in 2001; and Legends Lake Creek, a 250-unit...
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Vancouver Housing Starts Plunge 42% In July
Vancouver homebuilding took a sharp step back in July, with housing starts falling 42 per cent from the same month last year. Canada Mortgage and Housing Corporation counted 1,810 housing starts across the Vancouver region, down from 3,108 in July 2025. Most of that decline came from apartments, townhouses and other multi-unit housing. Builders started...
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Developer Duo Pursuing S. Nashville Hotel, Apartments
The proposal, which is weaving its way through Nashville’s approval process, includes a hotel, apartments, and an ice rink in the middle. The Nashville Business Journal reports the entities tied to Darshan Patel and Richard Epperson will go before the Metro Planning Department for approval on Sept. 24. The project, slated to rise at 4311...
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Aventon Moving Ahead on 384-Unit Wesley Chapel Rental Community
Aventon paid $16.25 million for nearly 20 acres in Wesley Chapel with plans to build a 384-unit apartment community. Clearwater Bay Associates was the seller of the parcel at State Road 56 and Meadow Pointe Boulevard. Steve Lannon and Lee Arnold of Colliers represented Clearwater Bay Associates in the transaction. Eric Joseph with Coldwell Banker...
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Prism Partners Trades Two-Building Edison Lofts for $131M
Cushman & Wakefield arranged the $131-million investment sale of Edison Lofts, a 334-unit luxury multifamily community with nearly 19,000 square feet of retail space at 33 Ashland Ave. in West Orange, NJ. The Cushman & Wakefield team of Niko Nicolaou, Ryan Dowd, JP Hohl, Michael Guerra, Kelly Kellett and Alexandria Russo Ebers represented both the seller, Prism...
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$67M Refinancing Secured by JLL for Seniors Housing Property in Kansas
JLL arranged a $66.875 million refinancing for The Fieldston, a 209-unit luxury active adult multifamily community in Fairway, Kansas. JLL worked on behalf of the borrower, a partnership between EPC Real Estate Group and Platform Ventures, to secure the five-year construction take-out loan. The JLL Capital Markets Debt Advisory team representing the borrower was led...
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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