News
Marina del Rey’s Shores Apartments Trade to Jackson Square for $170M
Cox, Castle & Nicholson LLP served as counsel to Shores LLC in the sale of Shores, a 544-unit multifamily community in Marina del Rey, for $170 million to Jackson Square Properties affiliates. The transaction is one of the largest commercial real estate transactions in Los Angeles County year to date, according to Cox Castle. Completed in 2013,...
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Newmark Arranges Sale of Luxury Retail Condominium in Chicago
Newmark has arranged the sale of the 51,795-square-foot retail condominium at 919 North Michigan Avenue along Chicago’s Magnificent Mile. The property is anchored by Louis Vuitton and features a collection of luxury retailers. Newmark Senior Managing Director Keely Polczynski and President of Retail Capital Markets Conor Lalor represented the buyer, L3 Capital, in the transaction....
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Nitya Refinances 432-Unit Dallas Rental Property
Nitya Capital refinanced Interlace Apartments, a 432-unit multifamily community in Dallas, Texas, with Morgan Stanley. Nitya secured new institutional financing for the Interlace property at a double-digit debt yield, reflecting the substantial operating income and value created since its acquisition. Recent media reports had identified Interlace as one of three Dallas–Fort Worth properties facing potential...
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Forum Launches Student Housing Fund With $46.7-Million Raise
Forum has acquired interests in five Ontario purpose-built student housing properties through a new investment fund backed by a $46.7-million inaugural capital raise. The portfolio includes three income-producing properties, a preferred interest in one development and a commitment to acquire an interest in another property once construction is complete. Forum confirmed the portfolio details to...
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Landmark Delivers 397-Bed CSU Student Housing Venture
Landmark Properties delivered The Mark Fort Collins, a 397-bed off-campus student housing community at 255 Johnson Drive in Fort Collins, less than half a mile from Colorado State University. The project was developed in partnership with Silverpeak Real Estate Partners and Peninsula Investments. Landmark’s Jason Doornbos added, “Landmark and our joint venture partners took over...
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Public/Private Partnership Could Net Opa-Locka 1,500 Rental Units, Retail, Hotel
DBJ&L and MRK Partners are working with the town of Opa-Locka to redevelop its historic downtown. The plan includes thousands of residential units and 275,000 square feet of retail. The S. Florida Business Journal reports the city’s community redevelopment agency voted in favor of a resolution that authorizes negotiations for a long-term ground lease involving...
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Canadian Apartment Rent Declines Show Signs Of Easing
Average rents across Canada continued to decline annually in July, but a fourth consecutive monthly increase provided evidence that the rental market may have found a bottom. The average asking rent for all property types was $2,037, down four per cent from July 2025, according to the National Rent Report from Rentals.ca and Urbanation. It...
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Shopoff Secures Approval for Buena Park Residential Development
Shopoff Realty Investments has secured unanimous approval from the Buena Park City Council for 5600 Beach Blvd, a 13.76-acre residential development in Buena Park. The property is currently occupied by the Amway Corporation with a corporate sale-leaseback in place until the end of 2026 and consists of two industrial buildings totaling approximately 370,031 square feet. “5600 Beach...
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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