BROOKFIELD PROPERTIES ANNOUNCES ENTIRE U.S. OFFICE PORTFOLIO TO BE POWERED BY ZERO EMISSIONS ELECTRICITY
One of Largest Office Portfolios in the U.S to be 100% Zero Emissions Electricity by 2026 NEW YORK, June 28, 2023 — Brookfield Properties today announced the entire U.S. office portfolio it manages will be powered by zero emissions electricity by 2026. More than 65% of its office space, including the entirety of its New York and Washington, D.C. office […]
ECI Group Launches Pre-Leasing at The Corwyn Conyers as 300-Unit Apartment Development Nears Completion
ATLANTA, June 26, 2023 — ECI Group (ECI) with joint venture partner, The Griffin Fund, has launched pre-leasing at the newly developed, 300-unit, The Corwyn Conyers apartment community in Conyers, GA. Located at Courtesy Parkway and Old Covington Highway, and adjacent to over 1 million square feet of retail shopping options, The Corwyn Conyers is one of the first new apartment communities to be developed in […]
Newmark Secures $947 Million Loan for Park La Brea Apartments in Los Angeles, California
Freddie Mac Continues Financing Support for Workforce Housing in Historic Rental Community LOS ANGELES, June 26, 2023 — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for Los Angeles’ historic Park La Brea, the […]
Opening of 288-Unit La Sienna Apartment Community Helps in Fulfilling the Housing Needs in South Texas Market of Edinburg
EDINBURG, TX – The newly constructed La Sienna Apartments held an official ribbon cutting, in conjunction with the Edinburg Chamber of Commerce, at 3800 La Sienna Parkway in Edinburg Texas. Chamber members, community members, and members of the media attended invited to the ceremony. At the celebration, guests toured the new apartment homes and resident […]
ECI Group Acquires 260-Unit Longitude 81 Apartments in Estero, FL
ATLANTA, June 22, 2023 — ECI Group (ECI) announces the acquisition of Longitude 81 Apartments, a 260-unit, upscale apartment community at 11221 Everblades Parkway in Estero, FL. Built in 2016, Longitude 81 encompasses 11, two-story apartment buildings on 17.95 acres centrally located in the desirable Village of Estero. The community will be re-branded as Waterline Estero. “The acquisition of Longitude 81 continues […]
Surviving the Storm: Navigating Hail Damage in Texas – A Guide for Multifamily Property Owners
In this episode of the Multifamily Innovation® Podcast, host Patrick Antrim spends time with Marc Ness, founder of WeatherShield, who shares his expertise on protecting property investments during severe weather conditions. Marc, who has over two decades of experience in construction, investment, and insurance, provides insights on how to prepare for and handle weather-related property […]
Surviving the Storm: Navigating Hail Damage in Texas – A Guide for Multifamily Property Owners
In this episode of the Multifamily Innovation® Podcast, host Patrick Antrim spends time with Marc Ness, founder of WeatherShield, who shares his expertise on protecting property investments during severe weather conditions. Marc, who has over two decades of experience in construction, investment, and insurance, provides insights on how to prepare for and handle weather-related property […]
JBM® Exclusively Lists Three Waterfront Multifamily Properties Valued Over $235MM
NAPLES, Fla., June 21, 2023 — JBM® Institutional Multifamily Advisors is proud to announce they have exclusively listed 3 waterfront multifamily properties. JBM® Chairman & CEO Jamie May, states, “These are three extremely unique assets, all along the waterfront. Edison & Harbor Grand are high-rise properties available significantly below replacement cost, and Marina View is a beautiful resort-style asset within walking […]
Brazos Residential Broadens Dallas Portfolio with the Addition of 600-Unit Property
DALLAS, June 19, 2023– Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, is pleased to announce the acquisition of The Thread Apartments located in Dallas, TX. The 606-unit garden-style community consists of three different phases constructed between 1969 and 1978. It is situated on the border of Dallas city limits and Richardson, offering an exceptional […]
Eastern Union Secures $14,747,000 to Refinance Two Multifamily Properties in Mobile, AL Representing a Total of 334 Units
NEW YORK, June 19, 2023 — Eastern Union, one of the country’s largest commercial real estate brokerage firms, has arranged $14,747,000 in refinancing for two multifamily properties in Mobile AL comprising a total of 334 units. The first property is the 214-unit Linx Plaza Apartments located at 6964 Airport Boulevard. The 16-building, two-story site was constructed in 1976 and carries […]