Property Type

Berkadia Brokers Sale of 184-Unit Active Adult Complex in Magnolia, Texas

by Taylor Williams June 10, 2026

MAGNOLIA, TEXAS — Berkadia has brokered the sale of Alders Magnolia, a 184-unit active adult complex located roughly 40 miles northwest of Houston. Built in 2021, the property offers amenities such as a pool, spa, theater, fitness center, demonstration kitchen, coffee bar, private wine lockers, a putting green, bocce ball court and a lounge. Aspens Senior Living acquired the community from Capitol Seniors Housing for an undisclosed price. Cody Tremper, Mike Garbers, Ross Sanders and Dave Fasano of Berkadia brokered the deal.

June 10, 2026

Development Multifamily Seniors Housing Texas

LifeCare Development Underway on 117-Unit Seniors Housing Project in College Station

by Taylor Williams June 10, 2026

COLLEGE STATION, TEXAS — LifeCare Development is underway on construction of a 117-unit seniors housing project in College Station. The Blake at College Station will offer 73 assisted living units and 44 memory care units, in addition to various culinary- and wellness-themed amenities. Blake Management Group will operate the property. Completion is scheduled for 2028.

June 10, 2026

Acquisitions Office Texas

SkyWalker Buys 73,747 SF Office Building in North Fort Worth

by Taylor Williams June 10, 2026

FORT WORTH, TEXAS — Local investment firm SkyWalker Property Partners has purchased Alliance Commerce Center, a 73,747-square-foot office building in North Fort Worth. The building is located within AllianceTexas and was 90 percent leased at the time of sale. Cameron Deptula and Blake Schur of Davidson Bogel represented the seller, Group O, in the deal. Jack Mock and Chris Aguilar internally represented SkyWalker.

June 10, 2026

Acquisitions Industrial Texas

Cravey Real Estate Arranges Sale of 13,014 SF Industrial Building in Corpus Christi

by Taylor Williams June 10, 2026

CORPUS CHRISTI, TEXAS — Locally based brokerage firm Cravey Real Estate Services has arranged the sale of a 13,014-square-foot industrial building in Corpus Christi. The building at 3930 Bratton Road includes 1,000 square feet of office space. Matt Cravey of Cravey Real Estate represented the seller, a family estate, in the transaction. Core Coastal Realty represented the buyer, an entity doing business as Victory Investment Portfolio LLC.

June 10, 2026

Loans Multifamily New York Northeast

Berkadia Provides $126.4M Agency Refinancing of Apartment Building in New Rochelle, New York

by Taylor Williams June 10, 2026

NEW ROCHELLE, N.Y. — Berkadia has provided a $126.4 million Fannie Mae loan for the refinancing of Two Clinton Park, a 28-story apartment building located north of New York City in New Rochelle. Built in 2024, Two Clinton Park houses 390 units in studio, one- and two-bedroom floor plans that range in size from 461 to 1,197 square feet, as well as 7,574 square feet of retail space. Amenities include coworking lounges, a fitness center, spa and sauna, screening room, pet spa and landscaped outdoor terraces with grilling stations and fire pits. Brad Williamson, Chris Ellis, Mitch Sinberg, Scott Wadler, Matthew Robbins, Kevin Batt, Brian Huff and Matt Schildwachter of Berkadia, in conjunction with Paul Patafio of Hudson Realty Capital, originated the loan. The sponsor was a partnership between RXR and Bridge Investment Group.

June 10, 2026

Development Multifamily New Jersey Northeast

Partnership Begins Leasing 256-Unit Apartment Complex in Hillsdale, New Jersey

by Taylor Williams June 10, 2026

HILLSDALE, N.J. — A partnership between BNE Real Estate Group, Claremont Development and March Development has begun leasing The Piermont, a 256-unit apartment complex in the Northern New Jersey community of Hillsdale. Designed by Studio Hillier Architects with interiors by Mary Cook Associates, The Piermont offers studio, one- and two-bedroom units, as well as townhomes. Amenities include a pool, fitness center, multiple lounges, outdoor grilling and dining stations, coworking space, coffee bar and indoor and outdoor gaming areas. Rents start at $2,700 per month for a studio apartment.

June 10, 2026

Acquisitions Connecticut Multifamily Northeast

IPA Negotiates Sale of 114-Unit Highrailer Apartments in New Britain, Connecticut

by Taylor Williams June 10, 2026

NEW BRITAIN, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Highrailer, a 114-unit apartment complex in New Britain, located southwest of Hartford. Completed earlier this year, The Highrailer offers one- and two-bedroom units and amenities such as a second-story terrace, fitness center and a pet spa. Victor Nolletti, Eric Pentore, Wes Klockner and Ross Friedel of Marcus & Millichap represented the seller, Jasko Development, in the transaction and procured the undisclosed buyer. The sales price was also not disclosed.

June 10, 2026

Development Multifamily Northeast Pennsylvania

Hankin Group Breaks Ground on 72-Unit Multifamily Project in Exton, Pennsylvania

by Taylor Williams June 10, 2026

EXTON, PA. — Locally based developer Hankin Group has broken ground on a 72-unit multifamily project in Exton, about 35 miles west of Philadelphia. The project is an expansion of Keva Flats, a development that currently consists of 266 units on a 19-acre site. The new, five-story building will be the seventh within the development and will offer studio, one-, two- and three-bedroom units that will range in size from 795 to 1,570 square feet. Residents will have access to existing amenities at Keva Flats. The first move-ins are scheduled for spring 2027.

June 10, 2026

Acquisitions Development Maryland Mixed-Use Retail Southeast

SJC Ventures Buys Former Macy’s at Harford Mall in Maryland, Plans 94,600 SF Mixed-Use Development

by John Nelson June 10, 2026

BEL AIR, MD. — Atlanta-based mixed-use developer SJC Ventures has purchased the former Macy’s store at Harford Mall in Bel Air from CBL Properties, a mall REIT based in Chattanooga, Tenn. The purchase secured the final piece of property needed for SJC to begin construction next month on Derby Place, a 94,600-square-foot mixed-use property. SJC completed the first phase of development when it converted the former Sears into the Shops of Harford Mall in 2024. Derby Place will be anchored by a 35,000-square-foot organic grocer and 48,000 square feet of shops and restaurants. Another developer will construct 249 multifamily apartment units on the site with on-deck parking. The development will also feature pedestrian walkways, pocket parks and open space. Derby Place is expected to be ready for occupancy by spring 2028.

June 10, 2026

Acquisitions Multifamily Southeast Virginia

Berkadia Arranges $52.4M Sale of Multifamily Community in Poquoson, Virginia

by John Nelson June 10, 2026

POQUOSON, VA. — Berkadia has arranged the $52.4 million sale of The Flats at Legacy, a 176-unit multifamily community located off the coast of Virginia on Bull Island. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia represented the seller, Virginia Beach-based Franklin Group, in the transaction. The buyer was Utah-based Ceifa Capital. Situated on 24 acres at 200 Big Woods Drive in Poquoson, the property comprises 176 garden-style apartments across multiple four-story buildings. Units average approximately 1,065 square feet in size, and floor plans range from one- to three-bedrooms. Amenities include a saltwater pool, outdoor grilling stations, modern clubhouse with entertainment lounge and catering kitchen, fitness center, internal café spaces and electric vehicle charging stations.

June 10, 2026

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