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 […]

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 […]

JPI Breaks Ground on Jefferson Addison Heights, Bringing 290 Homes to Addison, Texas

The new class A multifamily community includes features specifically designed for the residents of the area. ADDISON, Texas, June 15, 2023 — JPI, a leader in the development of best-in-class multifamily communities, has broken ground on Jefferson Addison Heights, a Class A development that will bring 290 homes to Addison, Texas.  The new 5-story development will […]

Cuentas Taps Two New Properties for Its Sustainable Communities Initiative, Announcing Development Plans for Another 55+ Acres and 670+ Apartments As Company Accelerates its Goal of Becoming the Leader in Creating Affordable, Accessible, Sustainable Housing Communities Across Florida and Beyond

Cuentas Casa’s new announcement comes only days after the announcement of Cuentas’ acquisition of a 28.5 acres of mixed-use land contemplated for development of 648 multi-family apartments and 180 townhomes near Orlando, all part of Management’s plan to build a national and eventually international presence for the Company’s proprietary development technologies, that combine sustainability, accessibility, and affordability, making […]

Broadway Apartment Building Project Becomes First in New York City to Use AI Construction Technology Platform to Enhance Efficiency

NEW YORK, NY – Eyal Ofer’s new Columbus Circle Building at 1841 Broadway is now the first project in New York City to use the AI construction platform Buildots, developer Global Holdings Management Group and Buildots have announced. The project is located just north of Columbus Circle, southwest of Central Park and adjacent to the […]

Wood Partners Welcomes Residents to 300-Unit Alta Blue Goose Luxury Apartment Community in Austin’s Growing Northern Corridor

AUSTIN, TX – Wood Partners, a national leader in multifamily real estate development, announced, the grand opening of its latest luxury residential community, Alta Blue Goose in Austin, Texas. Located at 8110 Blue Goose Road, Alta Blue Goose is positioned along Austin’s growing northern corridor and provides residents with easy access to the city’s leading […]