3+ day, 46+ min ago   (166+ words) CHINO HILLS, CALIF. — Waterton has purchased Reserve at Chino Hills, a multifamily property in Chino Hills. Terms of the transaction were not disclosed. Situated on 20 acres at 4200 Village Drive, the garden-style community features 46 residential buildings and a clubhouse. Waterton plans…...

4+ day, 46+ min ago   (153+ words) DELRAY BEACH, FLA. — Pebb Capital has received a $223 million loan for the refinancing of Sundy Village, a seven-acre mixed-use campus under development in downtown Delray Beach, a coastal city in South Florida’s Palm Beach County. Phase I of Sundy Village…...

4+ day, 3+ min ago   (380+ words) PHILADELPHIA — Independence Realty Trust Inc. (NYSE: IRT) and Centerspace (NYSE: CSR) have entered into a definitive merger agreement under which the two companies will combine in an all-stock transaction valued at $8.1 billion, including debt. The combined multifamily REIT will own…...

4+ day, 1+ hour ago   (225+ words) AURORA, COLO. — JLL Capital Markets has arranged the $41.2 million sale of Stanley Marketplace, a 102,125-square-foot adaptive reuse retail development located in Aurora. Jason Schmidt and Austin Snedden of JLL represented the seller, Westfield Co., in the transaction. Leon McBroom and…...

4+ day, 1+ hour ago   (153+ words) ALBUQUERQUE, N.M. — Faris Lee Investments has brokered the $4 million sale of a newly constructed, three-tenant retail strip center located in Albuquerque. The 5,375-square-foot property was fully leased to El Pollo Loco, Jamba and Xfinity at the time of sale. Jeff Conover,…...

4+ day, 1+ hour ago   (195+ words) NORWOOD, MASS. — Colliers has arranged the $44.5 million construction loan for a 145-unit multifamily project in Norwood, located southwest of Boston. The site is located at 259 Lenox St., and the new five-story building will offer studio, one- and two-bedroom units, 20 percent…...

4+ day, 1+ hour ago   (260+ words) CHICAGO — The Laramar Group has acquired Eleven Thirty, a 656-unit apartment tower located at 1130 S. Michigan Ave. in Chicago. The purchase price was $166 million, according to local media reports. Originally constructed in 1967, the property rises 43 stories and provides unobstructed views…...

4+ day, 1+ hour ago   (90+ words) rebusinessonline.com Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property CHICAGO — Draper and Kramer Inc. has arranged a $93.5 million loan for the refinancing of The Elizabeth, a 28-story apartment tower at 225 N. Elizabeth St. in Chicago’s Fulton Market. Bill…...

4+ day, 1+ hour ago   (355+ words) DANBURY, CONN. — Marcus & Millichap has brokered the $12 million sale of the Holiday Inn Express & Suites in Danbury, located in southern Connecticut’s Fairfield County. Built on 2.5 acres in 2001 and renovated in 2024, the four-story hotel offers 79 rooms and suites and amenities such…...

4+ day, 23+ hour ago   (209+ words) SHREWSBURY, MASS. — Industrial Commercial Properties (ICP) has acquired a 680,000-square-foot industrial campus in Shrewsbury, located in Worcester County. The development at 65 Chestnut St. consists of two buildings that were built in the 1980s. According to LoopNet Inc., the buildings feature clear…...