News/Events
Rhode Island Healthcare Portfolio Secures $30M FHA/HUD Refi
Greystone has provided $30,260,600 in FHA/HUD-insured financing for the refinance of a four-property healthcare portfolio in Rhode Island. The financing was originated by Christopher Clare and Ryan Harkins, with additional team members including David Young, Ben Rubin, Parker Nielsen and Liam Gallagher. The portfolio includes four skilled nursing facilities totaling 385 beds across Rhode Island. Greystone previously provided bridge financing for the portfolio, positioning the borrower…
Greenstone Partners Closes MF Deal in Chicago’s South Suburbs
Greenstone Partners closed a $12.55 million multifamily transaction involving the Hickory Oaks Apartment Complex in Lansing, Illinois. Greenstone Partners Senior Director Michael Duckler represented both the buyer and seller in the transaction. The buyer, SpringView Investments, led by Harold Willig, has an established presence throughout Chicago’s Southland and a long track record of investing in…
Levin Johnston Team Arranges Belmont Apartment Sale
Marcus & Millichap arranged the sale and financing of Carlmont Hills Apartments, a 16-unit multifamily property located at 2401 Carlmont Dr. in Belmont. The property sold for $5.75 million or $359,375 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, arranged $3.8 million in acquisition financing. “Carlmont Hills Apartments offered the buyer an opportunity to acquire a well-maintained asset with meaningful upside through continued…
BGO, Seyon Partner on Industrial Portfolio in I-495 West Submarket
Global real estate investment manager BGO and Boston-based Seyon have acquired a two-building, 134,413-square-foot industrial portfolio in Marlborough, MA, within the Boston metropolitan area. The acquisition continues to expand an existing relationship between BGO and Seyon focused on industrial investments in the Northeast. Terms were not disclosed. The portfolio comprises 261 Cedar Hill St. and 753 Forest…
Rexford Agrees to Divest $1.2B Non-Core Portfolio to EQT
Rexford Industrial Realty, Inc., a REIT specializing in Southern California infill properties, said Tuesday it had agreed to sell an industrial portfolio to an affiliate of EQT Real Estate for approximately $1.2 billion. The transaction is expected to close by the end of the third quarter of 2026. The pending sale is part of Rexford’s…
REBNY Calls for Pause on Pied-a-Terre Tax to Clarify Implementation
The Real Estate Board of New York (REBNY) on Tuesday called for a pause on Mayor Zohran Mamdani’s pied-a-terre tax, testifying before the City Council that “more careful thought and time are needed if this law is to be fairly implemented.” The law, which took effect on July 1 and sunsets in 2031, imposes an…
Colliers Grows Philadelphia Region Industrial Team with Addition of Jonathan Klear
Colliers announced that Jonathan Klear has joined the firm’s greater Philadelphia region as executive vice president. Klear brings more than 18 years of experience advising industrial owners, occupiers and investors throughout Greater Philadelphia and Southern New Jersey. His addition further strengthens Colliers’ industrial brokerage platform in one of the region’s most active industrial markets. In…
Avison Young Unlocks Growth Capital, Strengthens Balance Sheet
Avison Young said Tuesday it has reached an agreement on a recapitalization transaction that strengthens the company’s financial foundation and provides additional liquidity for growth, sustained profitability and long-term value. Building upon the successful recapitalization in 2024, the transaction positions Avison Young for its next phase of growth. The firm will engage in a disciplined…
Skanska Promotes Tom Leptich, Albert Martin to New Roles in Seattle
Skanska has promoted Tom Leptich to vice president of operations and Albert Martin to vice president and account manager for its Skanska USA Building operations across the Puget Sound region and the Inland Northwest. Each has spent more than two decades with the company. As vice president of operations, Leptich will oversee project execution and…
