News

Group P6 Lands $69M Loan for Florida Luxury Condos

Meridian Capital Group arranged the financing for construction of the 48-unit Royal Palm Residences in Boca Raton, Fla.

Essex Realty Arranges 2 Sales in Chicago’s Lincoln Park

The brokerage worked on behalf of all parties in the sales totaling $14.4 million.

Blackstone Pays $100M for Orlando Luxury Property

The 428-unit Class A community traded for the first time in more than a decade.

A Close-Up on America’s Migration Trends

The pandemic has spurred a wave of relocations to suburban areas and smaller, less dense U.S. cities. However, demand for select residential options in large urban areas endures, experts say.

Sequoia Living Opens East Bay Senior Community

The four-story property in Walnut Creek, Calif. offers nearly 200 independent living, assisted living and memory care units.

Marcus & Millichap Brokers $64M Orange County Sale

Tyler Leeson and Matthew Kipp negotiated on behalf of the buyer, Advanced Real Estate Services.

Blackstone Buys Upscale Jacksonville Community for $90M

The asset previously traded for nearly $55 million, when Canyon Capital Realty Advisors sold the 444-unit property in 2011.

Walker & Dunlop Closes $32M New York Sale

Managing Directors Thomas Walsh and Joseph Garibaldi facilitated the disposition of the 100-unit, transit-oriented luxury community in Port Chester.

GTIS Partners Breaks Ground on Phoenix-Area OZ Community

The single-family rental development will bring 197 units to Cadence at Gateway, a master-planned community in Mesa, Ariz.

Lument Provides $22M for Affordable El Paso Community

The city’s public housing authority will use the loan proceeds to continue renovation work started in October.