Aggregated from leading CRE outlets — Commercial Observer, Connect CRE, PERE, REIT.com, REBusiness Online, HousingWire, Multifamily Dive, Construction Dive, PR Newswire, and Google News topic feeds across every sector.
Headlines and excerpts are linked to the original source. Full articles available at the publication.
Construction is underway on two projects adjacent to West Palm Beach’s Brightline station. Developers LD&D and IGEQ, together with capital and investment partner FrontRange Capital Partners, started work on Alid…
PORTLAND, ORE. — MG Properties has purchased Tupelo Alley, a 188-unit mixed-use apartment community in Portland. Terms of the transaction were not released. Ira Virden, Carrie Kahn and Owen Wise of JLL represented the…
DENVER — Marcus & Millichap has arranged the sale of The Jewell. a 93-unit apartment property at 4470 E. Jewell Ave. in Denver. A New York-based investor was the seller, and a California-based buyer bought the asset.…
San Francisco’s apartment market has moved from bottom to boom in two years, with citywide rents rising 15 percent and institutional buyers now dominating a sector that mom-and-pop owners controlled as recently as 202…
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Marcus & Millichap finalized the sale of 312 Bowery, a multifamily property in Manhattan’s NoHo neighborhood, for $16.65 million. John Stewart and Dylan Torey of Marcus & Millichap exclusively marketed the property on…
Nicholas & Associates , the construction management and general contracting arm of the Nicholas Family of Companies, has been selected by Moyer Properties as the general contractor for Aster Flats, a 263-unit, three-b…
Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court…
Residential construction activity picked up in June, but the gains were concentrated in multifamily, and future supply indicators softened, according to newly released U.S. Census Bureau data . Privately owned housing…
The apartment segment lifted total new housing construction numbers, per HUD and the U.S. Census Bureau, but elevated mortgage rates and construction costs weigh on homebuilders.
The ownership giant will look at all types of complicated situations, but Chief Operating Officer Greg Curci says some distressed opportunities aren’t worth it.
Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned. Ponce Bank supplied the loan for the ground-up development of two contiguous…
DALLAS — A partnership between Endeavor Real Estate Group and Canyon Partners Real Estate will develop Lucille, a 265-unit multifamily project that will be located at 2700 McKinney Ave. in Uptown Dallas. The 22-story…
HUMBLE, TEXAS — Florida-based real estate private equity firm Eastham Capital has sold Eagle Crest, a 200-unit apartment complex located in the northern Houston suburb of Humble. The garden-style property offers one-…
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