Multifamily

Partnership Acquires 360-Unit Birchstone Cedar Ridge Apartments in South Dallas

by Taylor Williams January 21, 2026

DALLAS — A partnership between multifamily owner-operator Ashcroft Capital and two Chicago-based investment firms Temerity Strategic Partners and Pearlmark, has acquired the Birchstone Cedar Ridge, a 360-unit apartment community in South Dallas. Built in 2024, Birchstone Cedar Ridge features one-, two- and three-bedroom units that range in size from 660 to 1,541 square feet. Amenities include a pool with cabanas, outdoor kitchen and grilling areas, a dog park, fitness center, business center and a community clubhouse. The seller and sales price were not disclosed.

January 21, 2026

Loans Multifamily New York Northeast

AANDAR Arranges $145.3M Refinancing of Apartment Building in New Rochelle, New York

by Taylor Williams January 21, 2026

NEW ROCHELLE, N.Y. — AANDAR Real Estate Capital, a boutique capital advisory firm based in New Jersey, has arranged the $145.3 million refinancing of The Alary, a 315-unit apartment building in New Rochelle, located north of New York City. The financing consists of a $125.8 million senior bridge loan from Greystone and a $19.5 million preferred equity investment from Forum Investment Group. Developed by Allstate Ventures and completed last year, The Alary offers studio, one- and two-bedroom units. Indoor amenities include a fitness center, coworking spaces with private pods and conference rooms, a game room with a wet bar, sports simulator, children’s playroom and a sky lounge with a full-service bar. Outside, residents have access to a rooftop area with a pool, outdoor cinema, barbecue kitchens, fire pits and a dog park. Shaya Sonnenschein and Michael Weisz led the transaction for AANDAR.

January 21, 2026

Loans Multifamily New Jersey Northeast

CBRE Provides $35.5M Agency Permanent Loan for Multifamily Property in Belleville, New Jersey

by Taylor Williams January 21, 2026

BELLEVILLE, N.J. — CBRE has provided a $35.5 million Freddie Mac permanent loan for The Essex, a 158-unit multifamily property located in the Northern New Jersey community of Belleville. According to Apartments.com, the newly constructed, four-story building offers studio, one- and two-bedroom units that range in size from 437 to 888 square feet. Amenities include a fitness center with a yoga room, rooftop courtyard with grilling stations and a fire pit, resident lounge, game room, coworking pods, package room and a pet washing station. Judah Hammer, Jeff Feldman and Jack Hayes of CBRE originated the loan. The borrower was not disclosed.

January 21, 2026

Acquisitions Multifamily South Carolina Southeast

JLL Brokers Sale of 358-Unit Apartment Community in North Charleston

by John Nelson January 21, 2026

NORTH CHARLESTON, S.C. — JLL has brokered the sale of Link Apartments Mixson, a 358-unit property located at 4501 Mixson Ave. in North Charleston’s Park Circle submarket. Comunidad Realty Partners purchased the apartment community from Grubb Properties for an undisclosed price. John Gavigan, John Mikels, Ben Bury and Chase Monroe of JLL represented the seller in the transaction. Additionally, Robert Wooten and Jackson Finch originated a Freddie Mac loan for the acquisition. Link Apartments Mixson was developed in phases in 2014 and 2019. The community features a mix of one- and two-bedroom apartments, as well as a saltwater pool, 24/7 fitness center, coworking spaces, dog park and a community clubhouse with a coffee bar.

January 21, 2026

Acquisitions California Multifamily Seniors Housing Western

Berkadia Brokers Sale of 135-Unit Seniors Housing Community on San Francisco Bay

by Amy Works January 21, 2026

SAN MATEO, CALIF. — Berkadia has brokered the sale of Atria Park of San Mateo, a 135-unit assisted living and memory care community located in San Mateo on the western shores of San Francisco Bay. A partnership between Shelter Real Estate Investment Properties and Calson Management acquired the property for an undisclosed price. The community will be rebranded as Harbor at Hillsdale. Mike Garbers, Cody Tremper, Dave Fasano and Ross Sanders of Berkadia arranged the transaction on behalf of the undisclosed seller.

January 21, 2026

Development Midwest Missouri Multifamily

Palmer Square, Marquee Begin Pre-Leasing for Two Luxury Multifamily Communities in Kansas City

by Kristin Harlow January 21, 2026

KANSAS CITY, MO. — Developers Palmer Square Real Estate and Marquee Development have begun pre-leasing efforts for the first two luxury residential spaces within Current Landing, a waterfront development and mixed-use district in Kansas City. Applications for spring 2026 move-ins are now available for River’s Edge Residences and Confluence Residences. Willow Bridge Property Co. is handling property management and leasing. Current Landing is anchored by CPKC Stadium, the world’s first stadium purpose-built for a women’s professional sports team and home of the Kansas City Current. River’s Edge and Confluence offer immediate access to the Kansas City Streetcar’s new Riverfront Extension. River’s Edge places residents closer to the Missouri River than any other apartment community in Kansas City, according to the developers. The community offers a mix of studio, one- and two-bedroom residences along with a limited collection of two-story townhomes. Amenities include work-from-home spaces, a fitness center, spa, resident lounges, two amenity decks, a pool, outdoor kitchens and a putting green. Confluence offers studio, one- and two-bedroom apartments with direct access to public spaces, including Current Landing’s new town square. Amenities include a fitness center, work-from-home spaces, a clubroom, outdoor amenity deck and resort-style pool.

January 21, 2026

Acquisitions Midwest Multifamily Ohio Seniors Housing

Kiser Group Brokers $7M Sale of Skilled Nursing Facility in Metro Cleveland

by Kristin Harlow January 21, 2026

CLEVELAND — Kiser Group has brokered the sale of an 84-bed skilled nursing facility in a rural market east of Cleveland for $7 million. The property features 76 skilled nursing beds, five assisted living units and three independent living units. Situated on 26 acres, the community was built in 1950 and expanded through multiple additions between 1995 and 2001. At the time of sale, occupancy ranged between 70 and 80 percent. The buyer is a seasoned owner-operator with a large skilled nursing portfolio across the Midwest and a growing presence in Ohio. The buyer plans to implement strategic initiatives aimed at improving cash flow and enhancing overall performance. The seller was a family ownership group based in the Cleveland area. Mark Myers of Kiser brokered the sale.

January 21, 2026

Twin-Sixties-Drive-Worcola-Street-Dallas

Development Multifamily Texas

High Street Residential Breaks Ground on 394-Unit Multifamily Project in Dallas

by Taylor Williams January 20, 2026

DALLAS — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on a 394-unit multifamily project in the Highland Park area of Dallas. The project, which has yet to be formally named, is part of a multi-phase conversion of approximately 16 acres of surface parking owned by Dallas Area Rapid Transit (DART). The seven-story building will feature studio, one- and two-bedroom units. Amenities will include a pool, fire pits and grilling stations, a clubroom, fitness center, coworking spaces, dog park and access to the University Crossing hike-and-bike trail system. GFF is the project architect, and Andres Construction is the general contractor. Santander Bank is financing construction, which is slated for a late-2027 completion.

January 20, 2026

Alabama Loans Multifamily North Carolina Southeast

Dwight Mortgage Trust Provides $88.4M in Loans for Three Southeast Multifamily Assets

by John Nelson January 20, 2026

TUSCALOOSA, ALA. AND FAYETTEVILLE, N.C. — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has closed two loans totaling $88.4 million for the refinancing of three apartment communities in the Southeast. The properties include Mosaic Apartments, a 456-unit community in Tuscaloosa, and two complexes in Fayetteville totaling 312 units: Britt Lake and Woodland Village. Moshe Feiner of Sevenstone Capital worked along with Andrew Tichy of Dwight Mortgage Trust to arrange the five-year, fixed-rate loans on behalf of the borrowers, private high-net-worth investors that used the loan proceeds to refinance existing debt, cover transaction costs and fund interest reserves.

January 20, 2026

Acquisitions North Carolina Southeast Student Housing

JLL Arranges Sale of 376-Bed Student Housing Community Near North Carolina State University

by John Nelson January 20, 2026

RALEIGH, N.C. — JLL has arranged the sale of Live on Hillsborough, a 376-bed student housing community located near the North Carolina State University (NC State) campus in Raleigh. Teddy Leatherman, Scott Clifton, Kevin Kazlow and Alex Nordlinger of JLL represented the sellers, TPG Angelo Gordon and Horizon Realty Advisors, in the disposition. The buyer and terms of the transaction were not released. Built between 2013 and 2019, the community offers 203 fully furnished units in studio, one-, two- and three-bedroom configurations. Shared amenities include a 24-hour fitness center, coffee bar, resort-style pool, outdoor lounge spaces and barbecue grills.

January 20, 2026

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