News
People and Companies News for Week Ending August 7, 2026
Leyad appointed Juan Calixto Tria as senior vice-president of financial reporting and compliance and Alex Ratté as vice-president of construction. Tria joined Leyad from Agellan Commercial REIT, while Ratté previously held senior project-management positions at Cominar and First Capital REIT. Sienna Senior Living formed a 50-50 joint venture with Fiera Infrastructure to accelerate long-term-care redevelopment...
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Rockwell Pays $42M for 182-Unit Scottsdale Rental Community
Rockwell Property Company purchased the Hayden Park, a 182-unit apartment community at 3015 North Hayden Road in Scottsdale, Arizona, for $42 million. It’s just outside of Old Town Scottsdale. The Hayden Park purchase marks Rockwell’s seventh acquisition in Arizona. Built in 1985 on 8.7 acres, Hayden Park comprises 21 buildings, with 186 units and 46...
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United Group Obtains $52M Refi on Sarasota 55+ Rental Community
The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson arranged the floating-rate, interest-only bridge loan provided by Bridge Investment Group on...
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CBL, Greystar Adding Mixed-Use Project to Franklin Mall
CBL Properties and Greystar broke ground on a mixed-use development at CoolSprings Galleria in Franklin, Tennessee. The project will bring 361 residences and approximately 15,000 square feet of new retail and restaurants to the CoolSprings Galleria campus. In June, CBL announced it had sold a 5.35-acre parcel of underutilized parking to Greystar to make way...
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Ottawa And Toronto Commit $2.7 Billion To 5,600 Rental Homes
The federal government and the City of Toronto are assembling more than $2.7 billion in financing, capital funding, public land and municipal incentives to move 18 stalled rental housing projects into construction. The projects will deliver more than 5,600 rental homes across Toronto. Construction on more than 4,500 units is expected to begin before the...
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2026 Multifamily Leadership Series: Gregory MacDonald, Ballast
Multifamily is the focus in the fourth year of Connect CRE’s annual Leadership Series. 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...
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Hawkins Way, Varde Acquire East Village Student Housing
Hawkins Way Capital and joint venture partner Varde Partners completed the acquisition of 81 E. 3rd St., a student housing property located in Manhattan’s East Village. Acquired for $28 million, the off-market transaction marks a strategic addition to the growing FOUND Study student housing portfolio and expands the platform’s presence in one of New York...
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Former Blue Shield of CA Offices Trade for Residential Conversion
NAI Capital Commercial executive managing director Ryan Campbell, SIOR, represented The Olson Company in its $24,850,000 acquisition of a 7.9-acre office campus at 601 Potrero Grande Dr. and 2100 Saturn St. in Monterey Park. The campus includes two office buildings totaling 120,191 square feet. The buyer plans to redevelop the property into a new residential community. Originally...
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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