What happened, and who moved.
This is a news article published by EdgeProp Malaysia in July 2026 reporting on Kerjaya Prospek Property's serviced apartment development pipeline valued at RM2 billion, supported by a 60-acre landbank. The article covers the multifamily sector in Malaysia, specifically in Kuala Lumpur.
Pinnacle secured $41 million in financing for an affordable seniors housing project in Naranja, as the firm seizes on south Miami-Dade County’s growth. Miami-based Pinnacle plans the 110-unit apartment project reserved for tenants who are 62 and older and earn 30 percent to 60 percent of the area median income,…
Essex Property Trust’s Northern California apartments outperformed every other region in its portfolio during the second quarter of 2026, as tightening Bay Area rents and falling operating costs drove the strongest income growth of the company’s West Coast markets. Same-property revenue across Northern California…
Baron Property Group secured a $226.5 million refinancing for an apartment development in Hialeah that’s nearly 50 percent leased. Madison Realty Capital and Yellowstone Real Estate provided the refinancing to the New York- and Miami-based developer for the 559-unit Metro Parc complex at 952 East 26th Street, which…
Marcus & Millichap finalized the sale of 1990 Maple Ave., a 41-unit multifamily property in Costa Mesa. The property sold for $16.9 million or $412,195 per unit, approximately $550,000 above the property’s 2018 selling price. “Sundance West Apartment Homes presented a rare opportunity to acquire a low-density…
U.S. apartment rents were essentially flat in July, with the national average rising +0.03% to $1,747 from June’s upwardly revised level of $1,746, CoStar Group’s Apartments.com reported Wednesday. This marks the eighth consecutive month of positive rent increases following a period of flat to declining monthly…
A company with ties to multifamily investor Jonathan Holtzman is putting the Fisher Building at 343 South Dearborn Street up for sale just weeks after losing a separate apartment building in Chicago’s Loop. The Fisher Building boasts 184 apartment units across 20 stories, and marketing materials related to the…
Marcus & Millichap Capital Corporation (MMCC) arranged $9,790,000 in financing for the acquisition of a 13,575-square-foot mixed-use multifamily and retail property located at 235-237 Kent Ave. in Brooklyn’, New York’s Williamsburg neighborhood. Bradley Buzil, senior director in MMCC’s Los Angeles office, secured a…
CBRE arranged the sale of Talavera, a 293-unit apartment community in Folsom, to New York-based Sentinel Real Estate. Talavera was the first asset to become available in the Folsom submarket in four years. CBRE’s Marc Ross, Eli Hanacek, Joe McNamara and Claire Holt represented the sellers, USA Properties & Strand…
Newmark posted a strong quarter for revenue, driven by multifamily investment and office leasing on the coasts, but uncertain conditions ahead prompted the brokerage to hold its full-year guidance steady. The company brought in $888.4M in revenue in...
MonticelloAM, along with a firm affiliate, closed a bridge loan for an apartment complex in McHenry, Illinois. The transaction was brought to MonticelloAM by Trent Niederberger of JLL Chicago. MonticelloAM Senior Managing Director Darryl Myrose worked with the JLL Chicago team on the origination of the transaction.…
Baron Property Group (BPG) has secured $226.5 million to refinance a newly completed multifamily development in Hialeah, Fla. Madison Realty Capital and Yellowstone Real Estate provided the debt backing the 559-unit Metro Parc at 955 East 25th Street, about a block west of Metrorail and Tri-Rail transfer stations…
A new four-story, mixed-use development featuring apartments and a variety of shops, offices and restaurant space is planned for Downtown Arlington. Under the agreement between the city of Arlington and Wolverine Interests, Wolverine would invest at least $60 million by 2029 to redevelop the 500 and 600 blocks of…
PLANO, TEXAS — StreetLights Residential is underway on construction of a 22-story apartment building at 6501 Legacy Drive in Plano. The site spans 2.7 acres within the former J.C. Penney headquarters campus, and the development will have 261 one-, two- and three-bedroom units that will range in size from 682 to…
HOUSTON – (Realty News Report) – OHT Partners has broken ground on Park Row, a 360-unit apartment community in the burgeoning Energy Corridor area of Houston. Situated on a site with nearly 14 acres at 14192 Park Row Blvd., Park Row will be located near the Katy Freeway, less than 20... The post Multifamily…
Stewards Inc. completed a $79 million refinancing of 1818 Park, its luxury multifamily residential community in downtown Hollywood, Florida. Multihousing News reports Stewards acquired 1818 Park last August for $190 million. 1818 Park is a 22-story luxury residential community offering studio, one-, two- and…
Core Spaces (Core) closed financing and broke ground on the Hub Athens Dougherty, a new 1,656-bed purpose-built student housing community located near University of Georgia set to deliver in 2028. Multifamily News reports Hub Athens Dougherty will include 536 units and 1,656 beds across a mid-rise development,…
MERRILLVILLE, IND. — Colliers has arranged the sale of The Ridge Apartments in Merrillville within Northwest Indiana. Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner of Colliers represented the owner, Parkmont Group, a real estate investment and operating firm based in New York. Originally developed…
CHICAGO — Associated Bank has provided a $28.3 million loan to a joint venture between North Park Ventures and SNS Realty Group for the development of a transit-oriented apartment property on North Sheffield Avenue in Chicago. The loan included funds for the acquisition of the former Tortenson Glass Co., which…
ORLANDO, FLA. — Capstone Building Corp. has begun construction on The Gateway, a 270-unit luxury apartment community located at 7250 Shadowridge Drive in Orlando. The design-build team includes developer JBL Development LLC and architect Baker Barrios Architects. Located near Airport Lakes Park, the five-story,…
CHICAGO — Kiser Group has brokered the $16.3 million sale of a 65-unit apartment building located at 4601-17 N. Dover St. in Chicago’s Sheridan Park neighborhood. The transaction marks the fifth consecutive sale of the property within a brokerage history spanning nearly three decades involving Kiser brokers. The…
The conversion of Breeden House and Regency Court will bring 108 apartments to the town centre. Elsewhere, a 101-home proposal for Holmes Chapel was rejected, with concerns raised by neighbouring employer Bespak joining an objection from Jodrell Bank. The post Go-ahead granted for Crewe gateway flats appeared first…
SANTA MONICA, CALIF. — CBRE has negotiated the $25.9 million sale of 901 Ocean Avenue, a multifamily property along Santa Monica’s Ocean Avenue corridor. The property sold for $23.5 million, with the buyer assuming approximately $2.4 million in transaction-related obligations. A local private investor acquired the…
ORINDA, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”) today announced that it is under contract to purchase over $1,000,000 in shares of National Healthcare Properties, Inc. (“NHP”) in a tender offer at $7.27 per share. MacKenzie intends to…
OHT Partners is looking to cash in on the popularity of Houston’s Energy Corridor. The office tenant hotspot will soon be home to a new multifamily project from the Austin-based developer. The 360-unit Park Row Apartments is rising on 14 acres at 14192 Park Row Boulevard, according to a release from OHT. A February…
CONCORD, N.C. — Berkadia has arranged the sale of two properties in Concord, Meadow Creek Townhomes and Northway at Cabarrus. Thomas Colaiezzi, Caleb Troop, Matt Robertson and Drew Kwiatkowski of… The post Berkadia Arranges Two Trades in Concord, North Carolina appeared first on Multifamily & Affordable Housing…
PALM BAY, FLA. — Woodfield Development has completed and opened Tides at Palm Bay, a $100 million, 318-unit, mixed-use property in Palm Bay on Florida’s Space Coast. The community features… The post Woodfield Development Opens $100M Luxury Mixed-Use Project on Florida’s Space Coast appeared first on Multifamily &…
CHICAGO — Associated Bank has provided a $29.4 million loan to a joint venture of North Park Ventures and SNS Realty Group for the development of a transit-oriented project at… The post Associated Bank Supplies $29.4M Acquisition and Development Loan for Chicago TOD appeared first on Multifamily & Affordable…
CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas… The post Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado appeared first on Multifamily &…
A 65-bed capacity nursing home and 84 apartments across two schemes have been rubberstamped by the city council’s planning committee. The post Three secure Liverpool approvals appeared first on Place North West .
Seoul apartment sales hit a yearly low of 5,065 in June as tax reform looms, with July land permit applications down 14.7% and housing affordability burden at a 3-year high.
Bell Partners has acquired Celeste Apartments, a 195-unit luxury community adjacent to the South San Francisco Caltrain station, marking the second time in four years that the North Carolina-based investor has purchased a Sares Regis-developed property in the city’s downtown core. Sares Regis Group of Northern…
A pair of downtown Austin properties are getting new redevelopments that add housing to the hub of the Bat City. Ryan Companies is finally looking to redevelop Grant Plaza into a single-building blend of multifamily apartment units and space for restaurants. The developer has been planning to pivot the space that…
Marcus & Millichap Capital Corporation (MMCC) arranged $16.54 million in financing for the construction of Common Place Phase II, a 91-unit mixed-use multifamily property with a first-floor retail unit located within walking distance to Lambeau Stadium at 670 Mike McCarthy Way in Green Bay, Wisconsin. Robert Bhat,…
A Lauderhill-based financial firm landed a $79 million refinancing for a luxury apartment tower in downtown Hollywood. Stewards Inc. secured the new debt for 1818 Park, a 22-story, 500,000-square-foot apartment building at 1818 Hollywood Boulevard that’s 94 percent leased. The financing, which replaces existing…
Sares Regis Group of Northern California and Bell Partners LLC announced the sale of Celeste Apartments, a 195-unit multifamily community in South San Francisco. The LEED Silver certified property, located at 401 Cypress Ave. and adjacent to the Caltrain station, was acquired by Bell Partners on behalf of its Bell…
Yitzy Klor struck out in his third attempt to convert the Loop condo tower at 200 North Dearborn Street into apartments. The condo board for the tower closed a buildingwide vote this week that came in with about 34 percent of owners rejecting the $98 million offer from Klor, according to a board announcement in the…
Marcus & Millichap closed the sale of the Delhi Street Portfolio, a three-building multifamily portfolio in Boston, for $4,875,000. The firm’s Evan Griffith and Tony Pepdjonovic marketed the property on behalf of the seller, a local partnership. The portfolio is located at 157-159, 161-163 and 165-167 Delhi St. in…
Sentinel Real Estate has acquired Willow Apartments, an upscale mid-rise multifamily community located in Lake Oswego, Oregon, just southeast of downtown Portland. Completed in 2024, the property is a 158-unit, five-story building that offers a mix of one-, two-, and three-bedroom residences. “Willow Apartments…
Associated Bank announced the completion of a $28.35 million loan to a joint venture of North Park Ventures and SNS Realty Group for development of a new transit-oriented residential development in Chicago. The loan included funds for acquisition of the former Tortenson Glass Co. which consists of nearly 30,000…
A joint venture between the Dinerstein Companies and PGIM has secured $81 million to refinance Atlas Peakview, a 330-unit multifamily complex that recently opened outside Denver, Colo., Commercial Observer can first report. Mesa West Capital provided the debt, structured as a short-term, first-mortgage loan, while…
Lissette Calderon’s Neology Life closed a $175 million capital raise with plans to expand beyond its niche in South Florida multifamily to mixed-use projects across the Southeast. The raise from investors supercharges Coconut Grove-based Neology’s development capacity, arming it with $1 billion to pursue…
Cerberus Capital Management has acquired a $1.3-billion loam book with heavy exposure to rent-regulated apartments in New York City, Bloomberg News reported. The seller was OceanFirst Financial Corp., which priced the loans at about 92 cents on the dollar. With about $736 million of the $1.3-billion portfolio tied…
Elme Communities has found a new buyer for its Alexandria, Virginia, apartment complex after a previous deal fell through, putting the REIT back on track in its liquidation process.
Ascent Housing paid $28.8 million for a 140-unit affordable multifamily community in Charlotte. To help fund the deal, the company closed on $15.9 million in acquisition financing. Eller Capital was the seller of the Reserve at Waterford Lakes at 8725 Kody Marie Court. Newmark arranged the sale and acquisition…
An out-of-state investor made its Washington debut with a $45 million multifamily acquisition in Greater Seattle. Reno, Nevada-based Oso Capital Advisors purchased the 198-unit Bower Village apartment complex in Kent, the Puget Sound Business Journal reported. An affiliate of Canadian real estate investment trust…
HOUSTON – (Realty News Report) – Houston-based Triten Real Estate Partners, along with its capital partner Evergen Equity, has acquired 3 Corners West, the final piece of an apartment portfolio spanning nearly 1,000 units along Kempwood Drive in the Spring Branch area north of Memorial. The 283-unit complex at…
New York City’s office-to-residential conversion wave hit another snag less than a month after columns buckled during an apartment transformation project at the former Pfizer headquarters in Midtown. Construction was halted last week by New York City’s Department of Buildings (DOB) at 222 Broadway in the Financial…
Der Serviced-Apartment-Betreiber Homaris und der Projektentwickler Trockland haben mit dem Projekt K48 Studios 90 Apartments fertiggestellt. Architekturbüros und Entwickler hatten an dem Standort zunächst Büroflächen realisieren wollen.
San Jose’s planning staff cleared an eight-story, 276-unit apartment project near Diridon Station this week, but the approval is already headed to the City Council after a neighborhood group filed an appeal arguing the building looms over adjacent single-family homes without the step-backs typically required…
Acclaim Companies will start construction on Aug. 11 on one of Palo Alto’s largest apartment communities, a seven-story, 368-unit mixed-use project that is the first to advance under the city’s new Housing Focus Area zoning. Acclaim Companies will hold a groundbreaking ceremony on Tuesday, Aug. 11, for a 368-unit…
PALATINE, ILL. — Interra Realty has brokered the sale of a five-building, 30-unit multifamily portfolio in Palatine for nearly $5.9 million. Paul Waterloo and Patrick Kennelly of Interra represented the private local buyer and confidential seller. The portfolio was fully occupied at the time of sale. The properties…
NEW YORK CITY — JLL has arranged a $58 million loan for the refinancing of 1333 Broadway, a mixed-use property in the Bushwick neighborhood of Brooklyn. Completed in April, the 20-story, 97,526-square-foot building houses 74 market-rate apartments, 32 affordable apartments and 29,000 square feet of commercial…
LEXINGTON, S.C. — Northmarq has negotiated the $5.6 million sale of Sweetbriar Apartments, a 48-unit community located at 200 Libby Lane in Lexington, a suburb of Columbia, S.C. The garden-style property was built in 1988 and includes one- and two-bedroom layouts. Charis Capital purchased the property from…
San Jose’s City Council is heading toward an Aug. 18 decision on a general plan overhaul that would legalize small multifamily housing by right across neighborhoods long reserved for single-family homes, setting up a defining test of how far the state’s largest South Bay city will go to meet its housing mandate.…
ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million.… The post Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California appeared first on Multifamily & Affordable Housing…
YONKERS, N.Y. — Titan Real Estate Development has broken ground on Park Square Yonkers, a $185 million development at 1 Loehr Place in Yonkers. The seven-story project will feature a… The post Titan Real Estate Development Breaks Ground on $185M Park Square in Yonkers, New York appeared first on Multifamily &…
DALLAS — Conor Commercial Real Estate and Globe Corp. have obtained a $78.7 million takeout loan for The Flynn at Live Oak, a five-story, 327-unit property in Dallas that was… The post Conor Commercial, Globe Corp. Secure $78.7M Takeout Loan for Dallas Luxury Development appeared first on Multifamily & Affordable…
PLYMOUTH, MINN. — Bigos Management has sold Medicine Lake Apartments, an 81-unit community on Medicine Lake, approximately 10 miles west of Minnesota. JLL Capital Market’s team representing Bigos was led… The post Bigos Management Sells Medicine Lake Apartments in Metro Twin Cities appeared first on Multifamily &…
Bratislava's new-build residential market recorded 704 publicly sold apartments in Q2 2026, nearly 12% more than in Q1 2026 and the highest quarterly figure since Q2 2025, according to data from BuiltMind. The quarter-on-quarter increase followed a solid first quarter, where results were partly shaped by seasonal…