News

Colliers Brokers Sale of Two Texas Properties

by Lynn Peisner June 16, 2026

DALLAS AND FORT WORTH, TEXAS — Colliers has arranged the sale of two properties in North Texas: Apex Apartments in Fort Worth and Residences at White Rock Lake in Dallas. Colliers represented the seller in both transactions. Additional terms of the sales were not disclosed. Apex Apartments is a 152-unit community located at 5320 E. Rosedale Street in Fort Worth. Built in 1968, the property spans approximately 7 acres and consists of 10 two-story buildings containing a mix of one-, two- and three-bedroom floor plans. Residences at White Rock Lake, located …

June 16, 2026

California Investment Sales News Western

Marcus & Millichap Brokers $47M Sale of The Versailles in Los Angeles

by Lynn Peisner June 16, 2026

LOS ANGELES — Marcus & Millichap has brokered the $47 million sale of The Versailles Apartments, a five-story, 78-unit community in Los Angeles. Tony Azzi and Rabbie Banafsheha of the Azzi Group of Marcus & Millichap represented the seller and procured the buyer. Neither party’s identity was disclosed. Constructed in 1989, The Versailles Apartments has a rooftop pool and deck, a fitness center, laundry facilities on every floor and two levels of subterranean parking. Apartments feature hardwood floors, granite countertops, stainless-steel appliances and dishwashers. Select units have washers and dryers.

June 16, 2026

Build-to-Rent California Development Leasing & Marketing News Operations Western

Zilber Opens BTR Project Northeast of Sacramento

by Lynn Peisner June 15, 2026

ROSEVILLE, CALIF. — Zilber Residential Group and Homes by Towne, both affiliates of Zilber Ltd., have opened Estia Roseville, a 209-unit development approximately 20 miles northeast of Sacramento. The one- and two-bedroom single-story homes range from about 709 to 1,083 square feet, and each features a private entrance, walk-in closets, a washer and dryer, stainless-steel appliances and private, fenced-in backyards with built-in dog doors. The community also offers a dog park and a pet spa, along with a pool, clubhouse, 24-hour fitness center and a dedicated yoga studio. Asking monthly …

June 15, 2026

Development News Texas

Rosewood Completes Third Phase of Tobin Estate Apartments in San Antonio

by Lynn Peisner June 15, 2026

SAN ANTONIO — Dallas-based Rosewood Property Co. is now leasing the third phase of The Tobin Estate Apartments in San Antonio. The third phase spans 10 acres and includes 359 new apartments. With Phase III complete, The Tobin Estate Apartments number 956 units across 44 acres. The property is part of the original Tobin Estate, designed and built in 1959 by the late Robert L.B. Tobin, a longtime San Antonio arts patron. At the center of the property, the Tobin Endowment restored the historic Tobin Mansion into its office headquarters. …

June 15, 2026

Colorado Development News Western

Formativ Breaks Ground on Luxury Component of Denver TOD

by Lynn Peisner June 15, 2026

DENVER — Locally based Formativ Real Estate Group has begun construction of Rowan, a 358-unit, 16-story community at 3875 Walnut St. in Denver’s River North Arts District, commonly known as RiNo. Located adjacent to the 38th & Blake commuter rail station, Rowan is part of Formativ’s larger investment in the 38th & Blake transit-oriented development site, which also includes 3850 Blake, a 310-unit workforce housing community currently under construction, and a forthcoming 180-key hotel. Units at 3850 Blake are reserved for renters earning up to 60 or 90 percent of …

June 15, 2026

Illinois Leasing & Marketing Midwest News

Marcus & Millichap Brokers Sale of Rock Run Residences in Joliet, Illinois

by Lynn Peisner June 12, 2026

JOLIET, ILL. — Marcus & Millichap has brokered the sale of Rock Run Residences, a 128-unit property in Joliet. The asset traded between two private investors for an undisclosed sum. Rock Run Residences is situated on approximately 15 acres at 1524 Richard T. Rivera Way. Built in 2002 and renovated between 2021 and 2024, the property consists of seven buildings totaling 81,960 rentable square feet, with 12 studios, 96 two-bedroom, four three-bedroom and 16 four-bedroom units. Amenities include a clubhouse, fitness center, community kitchen, pool, picnic area, sand volleyball court …

June 12, 2026

Affordable Housing Investment Sales Maryland News Northeast

Donaldson Impact Investors Buys Yorkshire Apartments in Maryland for $79.4M, Converts Property to Affordable Housing

by Lynn Peisner June 12, 2026

SILVER SPRING, MD. — Donaldson Impact Investors, in partnership with New York Life Investment Management and nonprofit developer Housing Initiative Partnership, has acquired Yorkshire Apartments in Silver Spring for $79.4 million. The buyers used a tax-abatement program to transition the community to affordable from market-rate. Half the apartments at the 326-unit community are reserved for tenants earning up to 60 percent of area median income with the remainder of units remaining priced at market rates. The transaction was made possible through Montgomery County’s Payment in Lieu of Taxes (PILOT) program, …

June 12, 2026

Georgia Leasing & Marketing News Operations Southeast

Material Capital Partners Opens Leasing at River Ford in Georgia’s Golden Isles

by Lynn Peisner June 12, 2026

BRUNSWICK, GA. — Material Capital Partners has begun leasing at River Ford, a 170-unit build-to-rent community in Brunswick. Located on approximately 28 acres on Canal Road, River Ford’s rental homes feature quartz countertops, stainless steel appliances, smart home technology, private patios and fenced backyards. Amenities include a clubhouse with a fitness center and coworking space as well as a resort-style pool, two lakes with a fishing dock, a dog park, playgrounds, a trail system and landscaped green spaces throughout the property. Greystar is managing the community.

June 12, 2026

Florida Investment Sales News Southeast

Marcus & Millichap Brokers $5.8M Sale in Miami

by Lynn Peisner June 11, 2026

MIAMI — Marcus & Millichap has brokered the sale of Southwinds Apartments in the Spring Garden neighborhood of Miami. The asset sold for $5.8 million, traded between two undisclosed private investors. Marcus & Millichap’s Felipe Echarte, Evan Kristol and Sofee Desai marketed the property on behalf of the seller and procured the buyer. Located at 1177 NW 8th St. Road, the property, built in phases in 1950 and 1962, consists of three two-story buildings with 29 units on a half-acre of land. The unit mix includes 28 one-bedroom apartments and …

June 11, 2026

Finance New York News Northeast

Slate Property Group Lands $86.3M Refinancing for Dutch House in Queens, New York

by Lynn Peisner June 11, 2026

NEW YORK CITY — Slate Property Group, a New York-based owner, operator and developer, has closed on an $86.3 million refinancing for Dutch House. Slate Property Group and Avenue Realty Capital developed the 186-unit community at 37-05 30th St. in Long Island City in 2022. The eight-story building features 21,000 feet of ground-floor retail and is fully leased. Walker & Dunlop arranged the loan through Ares Capital Management. The financing retires a PCCP facility previously arranged by the same Walker & Dunlop team in 2023. Residential units at Dutch House …

June 11, 2026

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