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Marvin Starr of Miller Starr Regalia Leaves Behind a Vast Legacy
Blog 3 months ago
Marvin Starr of Miller Starr Regalia Leaves Behind a Vast Legacy

WALNUT CREEK, CA-A pioneer of the widespread use of delayed tax-deferred exchanges, Marvin B. Starr, one of the founders of Miller Starr Regalia,...

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Square Mile Lends $580M in Trio of Tristate Deals
Blog 3 months ago
Square Mile Lends $580M in Trio of Tristate Deals

NEW YORK CITY - Square Mile Capital Management, a real estate investment management firm based in New York, has been on a roll in the past month,...

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Multifamily Secures Freddie Mac Financing in Condo Market
Blog 3 months ago
Multifamily Secures Freddie Mac Financing in Condo Market

HALLANDALE BEACH, FL-Hunt Real Estate Capital has provided a $67.6-million Freddie Mac lease-up loan to refinance a multifamily property here....

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1031 Exchange Momentum Shows No Signs of Braking
Blog 3 months ago
1031 Exchange Momentum Shows No Signs of Braking

SAN FRANCISCO-With 10 recent Bay Area trades, Levin Johnston of Marcus & Millichap directed 1031 exchanges with a total year-to-date transaction...

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St Pete Beach Apartment Trades at Below Market Cap Rate
Blog 3 months ago
St Pete Beach Apartment Trades at Below Market Cap Rate

ST PETE BEACH, FL-Indiana-based Pedcor Cos. has purchased Sand Cove Apartments here from 3813 Sand Cove Inc., for $14.5 million, or $201,389 per...

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Watch Out New York: There’s A New CRE Brokerage In Town
Blog 3 months ago
Watch Out New York: There’s A New CRE Brokerage In Town

NEW YORK CITY - Newly launched commercial real estate brokerage Atlas Realty Group Partners is the new kid on the block. Three veteran brokers have...

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Freddie Mac Prices First K-Deal Indexed to SOFR
Blog 3 months ago
Freddie Mac Prices First K-Deal Indexed to SOFR

MCLEAN, VA-Freddie Mac Multifamily has brought to market its first multifamily real estate securitization with bonds indexed to SOFR, or the...

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Redwood Capital Acquires Deer Park Multifamily
Blog 3 months ago
Redwood Capital Acquires Deer Park Multifamily

DEER PARK, IL-Chicago-based Redwood Capital Group has added the 236-unit Deer Park Crossing here to its multifamily portfolio. The property was...

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Sanzari Sells Three-Property Bergen County Multifamily Portfolio for $15.7M
Blog 3 months ago
Sanzari Sells Three-Property Bergen County Multifamily Portfolio for $15.7M

WOODBRIDGE, NJ-Sanzari Residential LLC of Hackensack has sold a three-property portfolio of communities in Hackensack and Bogota for a total sale...

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Hines Plans Luxury Multifamily Build in Phoenix
Blog 3 months ago
Hines Plans Luxury Multifamily Build in Phoenix

Hines is planning a new luxury apartment development in Downtown Phoenix. Adeline, as it will be called, will break ground in January, and upon...

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La Jolla Park West Trades Hands in San Diego
Blog 3 months ago
La Jolla Park West Trades Hands in San Diego

Property West Residential has acquired La Jolla Park West from Hunt Pacific Management Corp. for $22.5 million. La Jolla Park West is a 60-unit...

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The Parks at Walter Reed Secures Anchor Tenant
Blog 3 months ago
The Parks at Walter Reed Secures Anchor Tenant

WASHINGTON DC - Whole Foods Market has signed a 40,000-square-foot lease at The Hartley within the Parks at Walter Reed in Washington DC. The...

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Urban Pacific Group Is Shifting to a Long-Term Hold Model
Blog 3 months ago
Urban Pacific Group Is Shifting to a Long-Term Hold Model

Developer the Urban Pacific Group of Cos. is shifting to a long-term hold strategy, following the success of its multi-generational housing model....

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Jacksonville Apartment Trades in Off-Market Deal
Blog 3 months ago
Jacksonville Apartment Trades in Off-Market Deal

JACKSONVILLE, FL-New York City-based Topaz Capital Group, has acquired The Plaza Apartments, a 281-unit apartment complex in the University Park...

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Sarasota Apartment Trades for $157,711 Per Unit
Blog 3 months ago
Sarasota Apartment Trades for $157,711 Per Unit

SARASOTA, FL-Laguna Point Properties, a California investment company, has purchased The Lexington Apartment Homes here for $42.1 million, or $157...

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What Split-Rolling Prop 13 Will Mean for CRE Owners
Blog 3 months ago
What Split-Rolling Prop 13 Will Mean for CRE Owners

A new measure to split-roll Prop 13 is set to appear on the November 2020 ballot. If passed, the measure would remove some of the tax protections...

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Recapitalization Paves Way for Parkmerced’s First Phase
Blog 3 months ago
Recapitalization Paves Way for Parkmerced’s First Phase

SAN FRANCISCO-Maximus Real Estate Partners was founded in 2012 by Rob Rosania and Seth Mallen. Rosania acquired his interest in the 152-acre...

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Why SoCal Self-storage Construction Is Staying in Check
Blog 3 months ago
Why SoCal Self-storage Construction Is Staying in Check

The Southern California self-storage market is having a good year. The thriving apartment market has helped to drive self-storage demand and new...

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Kenwood Multifamily Trades for Lofty Per-Unit Price
Blog 3 months ago
Kenwood Multifamily Trades for Lofty Per-Unit Price

CHICAGO-Locally-based Interra Realty reports it has brokered the sale of the four-story, 31-unit apartment complex at 4740-48 S. Greenwood Ave. in...

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Resolute Continues to Build Out Portfolio with Sandy Springs Deal
Blog 3 months ago
Resolute Continues to Build Out Portfolio with Sandy Springs Deal

SANDY SPRINGS, GA-Denver-based Resolute Real Estate has purchased The Reserve at Ridgewood, a 269-unit, garden-style community in this north...

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Fannie Mae’s Green Rewards Allows Financing of Capital Improvements
Blog 3 months ago
Fannie Mae’s Green Rewards Allows Financing of Capital Improvements

ARLINGTON, TX-Hunt Real Estate Capital recently provided a Fannie Mae DUS conventional loan in the amount of $12 million to finance the acquisition...

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NJEDA, DEP Form Collaborative to Address Environmental Issues in Paterson
Blog 3 months ago
NJEDA, DEP Form Collaborative to Address Environmental Issues in Paterson

PATERSON, NJ-A host of state and city officials were on hand on Thursday to launch a collaborative aimed at cleaning up and redeveloping...

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Construction Lenders Have a Healthy Appetite for Apartment Deals
Blog 3 months ago
Construction Lenders Have a Healthy Appetite for Apartment Deals

Construction lenders have a healthy appetite for apartment deals. Despite the strong construction activity across the country, construction lenders...

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Silverado Apartment Homes Secures $82M Freddie Mac Loan
Blog 3 months ago
Silverado Apartment Homes Secures $82M Freddie Mac Loan

The owner of Silverado Apartment Homes has secured an $82 million Freddie Mac loan for the garden-style multifamily property in Murrieta. The loan...

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Fore Property’s Approach to the Florida Markets
Blog 3 months ago
Fore Property’s Approach to the Florida Markets

KISSIMMEE, FL-Fore Property has begun leasing for Monterosso Apartments, a 216-unit apartment community here. Fore developed and built Monterosso,...

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Weller Workforce Housing Launches
Blog 3 months ago
Weller Workforce Housing Launches

CUMMING, GA-Multifamily real estate investment company Weller Residential is acquiring certain assets of Triumph Housing Management and creating...

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Aventura Investor Sells Southwest Florida Apartment for $65.2M
Blog 3 months ago
Aventura Investor Sells Southwest Florida Apartment for $65.2M

Value-add real estate deals are getting more difficult to find, so one Aventura investor got creative. Meyers Group bought a new multifamily...

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Irvine Mixed-Use Project Secures Financing
Blog 3 months ago
Irvine Mixed-Use Project Secures Financing

Madison Realty Capital and The Bluestone Group provide $30.5 million acquisition financing for a 6-acre mixed-use development site. The package...

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West Shore Continues Florida Expansion with Tampa Deal
Blog 3 months ago
West Shore Continues Florida Expansion with Tampa Deal

TAMPA, FL-West Shore LLC has completed the acquisition of Grand Oasis at Carrollwood, an 883-unit residential community here, the company's largest...

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212-Units Trade for $40M in Moreno Valley
Blog 3 months ago
212-Units Trade for $40M in Moreno Valley

Crystal Asset Management acquired Vista Springs, a 212-unit garden-style multifamily property in Moreno Valley, California. The investor purchased...

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