Fresno Low-Rise Trades to Private Buyer in All-Cash Deal
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in November 2026: $13.7B across 73 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
Northmarq’s Fresno Investment Sales team of Robin Kane and Brendan Kane arranged the $4-million sale of Las Flores Apartments, a 46-unit low-rise multifamily community at 3420 N. First St. in Fresno. Northmarq r…
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
Bank OZK Supplies $86M Construction Loan for Rental in Broward County
Bank OZK supplied a $85.5 million construction loan for Falcone Group ’s multifamily development in Oakland Park, Fla. The six-story project, called Horizon of Oakland Park , will house 311 apartments and 20,700 squar…
Rockland Trust Lends on Income-Restricted Apartments in Malden
Rockland Trust recently provided a $10.67-million construction loan to support Asian Community Development Corporation (ACDC)’s new affordable housing development at 213 Main St. in Malden, MA. ACDC’s firs…
UTSA-area apartment complex to undergo $4M in repairs after tornado
Apartment rents diverge: San Francisco rises, the Sun Belt falls
Northern California took the top 3 growth spots, and San Antonio posted the steepest decline among the 50 largest markets
$39M Construction Takeout Financing Secured for Suburban Milwaukee MF
JLL has arranged $39.1 million in construction takeout financing for Tennessen Flats, a 173-unit multifamily community in Menomonee Falls, Wisconsin, a Milwaukee suburb. JLL worked on behalf of the sponsor, Weas Devel…
Northmarq Arranges $19M Refinance of Historic Apartments in St. Paul
Northmarq’s Minneapolis Debt + Equity team, led by Michael Padilla, arranged the $19.1 million refinance of Holden House Apartments, a 143-unit low-rise apartment community located at 1554 Midway Parkway in St. Paul,…