News
Centric, Sage Offload Five Atlanta Sr. Housing Communities
Centric Development and Sage Equities traded five senior housing communities in Atlanta for $147 million. The buyer was not disclosed. The buyer is retaining the incumbent operator, Claiborne Senior Living, to manage the communities. The portfolio consists of 611 units and 701 beds of assisted living and memory care developed by Centric Development between 2018...
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2026 Multifamily Leadership Series: Ray Lawler, Hines
The multifamily sector 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....
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Co-Living Complex Near UCLA Will Become Student Housing
Colliers completed the $8,500,000 sale of a multifamily complex located at 1775 Beloit Ave. in West Los Angeles. Vice chair Kitty Wallace represented both the buyer, UCLA Housing Group, and the seller, Enterprise Bank. The sale was completed through a court-appointed receivership process. UCLA Housing Group plans to convert the property into student housing. Constructed...
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Development Site with Uncommonly Long Frontage Sells in Brooklyn
JLL Capital Markets closed the $23.5-million sale of 1150 Broadway, a residential development site in the Bedford-Stuyvesant neighborhood of Brooklyn. The team of Brendan Maddigan, Steve Rutman, Mike Mazzara and Ethan Stanton represented the seller, A-PLUS International Realty, and negotiated directly with the buyers, Brooklyn-based YS Developers and Rabsky Group. Situated at the crossroads of...
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Related Midwest Begins Leasing for Downtown Chicago Residential Tower
Related Midwest announced the start of leasing for the North Tower of 400 Lake Shore Drive, the 72-story residential tower in Chicago’s Streeterville neighborhood. Once complete in March 2027, the 857-foot high-rise will deliver 635 rental apartments. “This is more than a residential tower; it is a revitalization of a significant piece of land in...
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Marcus & Millichap Finalizes Deal in Sacramento’s Greenhaven Neighborhood
Marcus & Millichap (closed the sale of 915 Johnfer Way, a 34-unit multifamily property in Sacramento. The property sold for $5.6 million or $164,705 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured $3.7 million in acquisition financing on behalf of the buyer. “This transaction allowed the seller to redeploy capital into a core Silicon Valley investment while providing the buyer with a well-located multifamily community offering significant value-add potential,”...
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JPMorganChase Commits $200M to Housing in San Francisco
JPMorganChase is following up its recent financing of the 105-unit Sophie Maxwell Building in the Power Station redevelopment within San Francisco’s Dogpatch neighborhood by providing nearly $200 million in financing for a new 342-unit residential building at Power Station. The financial services giant announced the commitment as part of its broader rollout of a planned...
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Daniel Management Group Tapped to Manage Fox Lake Multifamily Development
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, has been awarded a new management assignment for The Quarry. The property was developed by Sterling Hall Capital and offers 154 luxury apartments in Fox Lake, Illinois, a northwest Chicago suburb. The Quarry features a mix of one- and two-bedroom...
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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