News
Waterton Acquires Franklin Apartments at Discount
Waterton paid $128.11 million for Franklin’s Wyndchase Aspen Grove development, a high price to pay for a rental community. Despite the sale price, the Nashville Business Journal reports that the seller, Berkshire Residential Investments, lost money on the deal. Berkshire paid $138.1 million for the apartment community in 2019. Built in 1997, Wyndchase Aspen Grove...
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Adam America, Stellar Close Refi on 134-Unit St. Cloud BTR Community
Adam America Real Estate and Stellar Communities successfully refinanced the Havens at Hickory Tree Reserve, a newly completed 134-townhome build-to-rent community in St. Cloud, Florida. The joint venture secured a $35.1 million bridge loan from CoreVest American Finance Lender, LLC (“CoreVest”), replacing the project’s construction financing following completion of the community earlier this year. Aaron Appel,...
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Woodfield Delivers 318-Unit Palm Bay Rental Community
Woodfield Development opened the doors to Tides at Palm Bay, a 318-unit, $100 million luxury apartment community in Palm Bay, Florida. Located at 2485 Port Malabar Blvd. NE Palm Bay, it features apartments in two five-story buildings & townhomes, alongside 19,000 square feet of commercial space. The development includes studio, one-, two-, and three-bedroom units, with rents...
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2026 Multifamily Leadership Series: Garrett Karam, EMBREY
In the fourth year of Connect CRE’s annual Leadership Series, we have focused on the multifamily sector. 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...
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People and Companies News for Week Ending July 31, 2026
Fengate Asset Management has appointed Lekan Idowu as senior vice-president of capital formation to help expand the firm’s real estate investor base across Canada and the U.S. He brings extensive experience in institutional fundraising and investor relations across private market strategies including infrastructure, private equity, private credit, and real estate. Most recently, Idowu was responsible...
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CBRE Completes Receivership Sale of Santa Monica Apartments
CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor. The property sold for $23.46 million to a private local investor, with the buyer also assuming approximately $2.4 million in transaction-related obligations, bringing the total consideration to approximately $26 million. The sale was completed through a...
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Burman Real Estate Breaks Ground on $130M Mineola Condo Project
Burman Real Estate, AJM Real Estate, Caiola Real Estate Group and Park It Management broke ground on The Bridge, a $130- million, nine-story condominium development that will bring 101 for-sale, luxury residences and a 10,000-square-foot event venue to downtown Mineola, NY. The project is located at 212-214 Third St., directly across from the Mineola Long Island Rail Road...
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Abby Goldenfarb Joins WinnDevelopment as SVP
Boston-based WinnCompanies, a national owner, developer and manager of apartment communities, has hired Abby Goldenfarb as an SVP for WinnDevelopment.Goldenfarb previously spent more than two decades with Trinity Financial in Boston, where she has led complex new construction and adaptive reuse projects across New England. “Abby will immediately become a key leader for the team...
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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