Property Type

Partnership Completes $33M Affordable Housing Project in West Houston

by Taylor Williams October 31, 2025

HOUSTON — A partnership that includes Blazer Real Estate Services, CVS Health and the Harris County Housing and Community Development Department has completed Hartwood at Spring Shadows, a $33 million affordable housing project located in the Spring Branch area of West Houston. The 125-unit building offers 112 residences that are reserved for households earning between 30 and 60 percent of the area median income as well as 13 market-rate apartments. Residences come in one-, two- and three-bedroom floor plans, and amenities include a pool, outdoor grilling stations, dog park, playground, fitness center, package lockers, multi-purpose room, business center and a conference room. Mucasey & Associates designed the project, and Blazer Building served as general contractor. Other project partners include the Harris County Housing Finance Corp. (HCHFC), Amegy Bank, the Memorial Hermann Foundation and Boston Financial Investment Management.

October 31, 2025

Acquisitions Industrial Texas

CenterSquare Acquires 244,946 SF Industrial Service Portfolio in Houston

by Taylor Williams October 31, 2025

HOUSTON — Metro Philadelphia-based CenterSquare Investment Management has acquired a portfolio of four industrial service buildings totaling 244,946 square feet in Houston. The portfolio, which was 88 percent leased at the time of sale, consists of 55 suites with an average size of 4,454 square feet with oversized grade-level doors and 17- to 18-foot clear heights. CenterSquare plans to implement a value-add program that will involve minor roof repairs, concrete repairs and adding HVAC where needed. The seller and sales price were not disclosed.

October 31, 2025

Development Industrial Oklahoma Texas

TruCore Industrial Nears Completion of 90,000 SF Project in Tulsa

by Taylor Williams October 31, 2025

TULSA, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., is nearing completion of a 90,000-square-foot project in Tulsa. Midtown Industrial Park consists of four buildings that feature 20-foot-plus clear heights, shared dock access and ESFR sprinkler systems. Leasing is currently underway.

October 31, 2025

Acquisitions Retail Texas

Prudent Growth Partners Buys 47,364 SF Retail Center in Hurst, Texas

by Taylor Williams October 31, 2025

HURST, TEXAS — Prudent Growth Partners, a North Carolina-based private equity real estate firm, has purchased a 47,364-square-foot retail center in Hurst, located in the northern-central part of the metroplex. Melbourne Plaza, which sold for $7.8 million, was 97 percent leased to 17 tenants at the time of sale. The seller was not disclosed.

October 31, 2025

Acquisitions New York Northeast Office

AmTrustRE Agrees to Buy Midtown Manhattan Office Building for $217M

by Taylor Williams October 31, 2025

NEW YORK CITY — Locally based investment and development firm AmTrustRE has entered into an agreement to buy 260 Madison Avenue, a 22-story office building in Midtown Manhattan, for roughly $217 million. The approximately 570,000-square-foot building was constructed in 1952 and was roughly 68 percent leased at the time of sale. Tenants include Hanesbrands, MGM, Regus, McLaughlin & Stern and Marcus & Millichap. AmTrust plans to invest between $60 million and $70 million in capital improvements to the building. The seller was The Sapir Organization.

October 31, 2025

Sarah-Neuman-Skilled-Nursing-Facility-Mamaroneck-New-York

Acquisitions Multifamily New York Northeast Seniors Housing

Kiser Group Negotiates $76M Sale of Skilled Nursing Facility in Mamaroneck, New York

by Taylor Williams October 31, 2025

MAMARONECK, N.Y. — Chicago-based brokerage firm Kiser Group has negotiated the $76 million sale of the 250-bed Sarah Neuman Skilled Nursing Facility in Mamaroneck, roughly 30 miles northeast of New York City. According to Kiser Group, the property was initially under contract for $84 million, but the first buyer had to withdraw from the transaction due to rising interest rates. Mark Myers led the Kiser Group team that arranged the sale. The seller was an undisclosed religious nonprofit organization. Myers also arranged interim financing on behalf of the buyer, including a $5 million loan, throughout the approval process.

October 31, 2025

Loans Multifamily New Jersey Northeast

Invictus Real Estate Provides $60M Construction Loan for Northern New Jersey Multifamily Project

by Taylor Williams October 31, 2025

PLAINFIELD, N.J. — Invictus Real Estate Partners, a New York-based real estate private equity firm, has provided a $60 million construction loan for The Bishop, a multifamily project in the Northern New Jersey community of Plainfield. The site is located at 401 E. 3rd St., and the project, which represents Phase II of a larger development, will add 266 rental units to the local supply, as well as 10,000 square feet of retail space. Amenities will include an outdoor lounge, golf simulator, fitness center, game room, pool, screening room, children’s playroom and a pickleball court. Brian Anderson of Cushman & Wakefield arranged the loan through Invictus on behalf of the borrower, New Jersey-based developer Ramani Group.

October 31, 2025

Affordable Housing Development Multifamily New York Northeast Seniors Housing

Tredway Completes Renovation of 97-Unit Affordable Seniors Housing Complex in Brooklyn

by Taylor Williams October 31, 2025

NEW YORK CITY — Affordable housing owner-operator Tredway has completed the renovation of Greene Clermont Houses, a 97-unit affordable seniors housing complex in Brooklyn. Built in 1985, the seven-story complex is located in the borough’s Fort Greene neighborhood and houses units that are reserved for renters earning 50 percent or less of the area median income. Renovations upgraded units’ flooring, lighting, kitchens and bathrooms, and the community room has been enhanced to include a new kitchen, wellness room, nurse’s station and resident services coordinator office. Tredway partnered with the New York City Department of Housing Preservation and Development on the project, which also served to preserve the property’s affordability status for another 40 years.

October 31, 2025

Acquisitions New York Northeast Retail

Marcus & Millichap Brokers $17.5M Sale of Brooklyn Retail Building

by Taylor Williams October 31, 2025

NEW YORK CITY — Marcus & Millichap has brokered the $17.5 million sale of a 26,624-square-foot retail building in the Bushwick area of Brooklyn. The building at 321 Starr St. houses 10 units, and tenants include MetroRock, 48 Cypress and New York Film Lab. Shaun Riney, Michael Salvatico, Scott Plasky and Alexander Arustamanian of Marcus & Millichap represented the seller and procured the Canadian buyer in the transaction. Both parties requested anonymity.

October 31, 2025

Acquisitions Multifamily Nevada Western

Hamilton Zanze Acquires 1,048-Unit Multifamily Portfolio in Nevada

by Amy Works October 31, 2025

RENO AND SPARKS, NEV. — Hamilton Zanze has expanded its regional footprint from 176 units to 1,224 units with the purchase of Kromer Portfolio, a three-property apartment portfolio in Reno and Sparks. Terms of the transaction were not released. Totaling 1,048 apartments, the portfolio includes: Ken Blomsterberg, Ryan Rife and Daniel Winrod of Marcus & Millichap represented the buyer in the deal.

October 31, 2025

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