Original Developer Trades Castro Valley Multifamily Duo

Jul 21, 2026

Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units. They included the Cedars, an 83-unit property that sold for $21.45 million, and Creekside Terrace, a 52-unit property that sold for $14.1 million. Senior managing…

Capital Markets Multifamily U.S. National

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PCCP Provides $51.8 Million Refi of Gilbert 236-Unit Multifamily Community

PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinance of Everly at Morrison Ranch, located at 4353 E. Elliot Road in Gilbert. Built in 2025, the 236-unit Class A garden-style multifamily community is 97% leased and is within Morrison…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalPhoenix

Posted today·Published Jul 21, 2026Read

CBRE Arranges Sale of a 134K-SF Grocery-Anchored Retail Center in PA

CBRE has arranged the sale of Shops at Crossroads, a 133,717-square-foot grocery-anchored shopping center located at 3560 Route 611 in Bartonsville, Pennsylvania. Chris Munley, Colin Behr, Ryan Sciullo, and Casey Smith of CBRE’s National Retail Partners team represented the buyer and the seller in the transaction.…

Capital MarketsRetailU.S. NationalPennsylvania

via Connect CRE·Posted today·Published Jul 21, 2026Read

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KKR, AEW Seek Exits from Chinese Commercial Property Holdings

KKR and AEW Capital Management seek to sell commercial property holdings in China as global investors continue to retreat from the country’s prolonged real estate downturn, Bloomberg News reported. KKR is marketing nine properties across China, including a high-end apartment complex in suburban Beijing and a hotel…

Capital MarketsMultifamilyHospitalityU.S. NationalBeijing

Posted today·Published Jul 21, 2026Read

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United Talent Agency Will Relocate NYC Offices to Empire State Building

United Talent Agency (UTA) and Empire State Realty Trust, Inc. announced that the agency will move its New York offices to the Empire State Building next summer. The new office will feature 100,948 square feet across four floors and will house the agency’s filmed entertainment, creators, news, publishing, theatre,…

Capital MarketsOfficeU.S. NationalNew York

Posted today·Published Jul 21, 2026Read

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JLL Secures $617M Financing for Grubb Properties Apartment Tower in Lower Manhattan

JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A…

Capital MarketsMultifamilyREITsU.S. National

Posted today·Published Jul 21, 2026Read

NRP Advancing 336-Unit Austin Affordable Housing Venture

The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. Developed in partnership with the Housing Authority of Travis County (HATC), the community will provide affordable housing for families and working professionals…

Capital MarketsAffordable HousingU.S. NationalTexas

via Connect CRE·Posted today·Published Jul 21, 2026Read

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