News
California Awards $239M in Gap Funding to 20 Affordable Projects
Gov. Gavin Newsom announced nearly $239 million in construction-gap funding for 20 affordable multifamily developments across California. The projects underwent a streamlined approval process to keep development on track and cut red tape, according to the governor’s office. With project costs totaling more than $1.2 billion, the development will bring 1,700 affordable units to market....
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L&G, Taurus Partner on Ground-Up Multifamily Project in Greater Boston
L&G’s Asset Management business in the U.S. has acquired a development site at 292-294 Baker Ave. in Concord, MA and plans to begin construction on a two-building, 201-unit multifamily community. The company’s first ground-up development in the U.S., the project continues L&G’s partnership with Taurus Investment Holdings, LLC. The investment is being made on behalf...
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Funding Backs 118-Unit Vancouver Mixed-Use Rental Project
The federal and British Columbia governments are backing an 11-storey mixed-use development in Vancouver’s Downtown Eastside with $96 million in financing. The project at 172 Cordova St. will include 118 rental homes along with retail, educational and cultural space. MAC Development and Housing Society, a partnership involving Lu’ma Native Housing Society, Frog Hollow Neighbourhood House...
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2026 Multifamily Leadership Series: Elie Rieder, Castle Lanterra
The fourth year of Connect CRE’s annual Leadership Series focuses on multifamily. We invited 18 apartment heavyweights to provide their unfiltered views of the current market, its challenges and opportunities. The insights of these power players have been collected in a downloadable report, and we’re also presenting them individually, in alphabetical order. Here are insights from...
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Invesque Sells Two U.S. Seniors-Housing Assets For US$39.8 Million
Toronto-based Invesque has sold two seniors-housing properties in Pennsylvania for US$39.8 million as it continues to reduce its North American real estate portfolio. The company said the properties were sold Aug. 10 but did not identify the assets, buyer or individual sale prices. The transaction was disclosed Wednesday as part of Invesque’s second-quarter financial results....
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After 30-Year Hold, Monarch Offloads Golden Apartment Community
Monarch Investment & Management Group sold Fox Hill Apartments, a 153-unit garden-style community in Golden, Colorado for $32 million. Monarch Investment & Management Group owned Fox Hill for nearly 30 years. Sierra Parkway Communities was the buyer. JLL represented Monarch in the sale of the property. JLL Capital Market’s Sales and Advisory team was led...
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Teeple Adding 312-Unit Student Housing Project to Texas A&M Offering
Teeple Partners started construction on its newest apartment development, Oaks Reserve. The 312-unit community will be situated along the Innovation Corridor in the Bryan-College Station market, midway between Texas A&M University’s RELLIS Research Campus and the Texas A&M Health Science Center. Oaks Reserve is the second phase of a planned three-phase multifamily development encompassing more than 53 acres and...
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Texas Multifamily 2026 Preview: Q&A With Red Oak Capital Holdings’ Nick Jans
As real estate transaction volume gradually returns, underwriting standards have tightened and return thresholds have reset. At the Texas Multifamily 2026 in-person event set for August 13 in Dallas, a panel of lending experts will provide conference attendees with insiders’ perspectives on how deals get done in the current environment. Nick Jans, CCIM – Regional Director, Central U.S. – Red Oak...
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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