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5 days ago | 
connectcre.com | Jasmine Kilman
Washington DC & Mid-Atlantic + Maryland + Apartments | 29th Street Capital (29C) and Willton Investment Management have closed on the acquisition of Fenwick Apartments, a 311-unit multifamily community in downtown Silver Spring, Maryland. Built in 2014 and currently 96.8% occupied, Fenwick represents a high-quality, institutionally owned asset in an affluent submarket in the Washington, D.C. metro area. Located just three blocks from the Silver Spring Transit Station, Fenwick currently...
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5 days ago | 
connectcre.com | Jasmine Kilman
Chicago & Midwest + Midwest + Apartments | Northmarq’s Kansas City office has arranged a $52 million permanent loan to refinance Stonebriar Woods, a 476-unit multifamily community located in the heart of Overland Park, Kansas. The Freddie Mac loan was secured by Greg Duvall, managing director at Northmarq, on behalf of the borrower, Price Brothers, a Kansas City-based real estate investment and development firm. “This was a compelling opportunity that brought together high-quality real estate...
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5 days ago | 
connectcre.com | Jasmine Kilman
Chicago & Midwest + West Side + Apartments | Essex Capital Markets has completed the refinancing of a six-unit multifamily property located at 2216 West 21st Place in Chicago’s Pilsen neighborhood. The loan was arranged on behalf of a local private investor by Essex Capital Markets Analyst Quinn Keenan. This property features a mix of six two-bedroom/one-bath apartments. In 2023, the property underwent a significant renovation, and some of the apartment improvements consisted of new kitchens...
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5 days ago | 
connectcre.com | Jasmine Kilman
Chicago & Midwest + Midwest + Office | Cresa has acquired Vogel Advisors, a boutique commercial firm in metropolitan Detroit. Its founder, Bill Vogel, managing principal, will serve as Detroit’s co-market leader, partnering with managing principal Ryan Bertin to grow the Cresa brand and presence in the region. Vogel Advisors’ staff of three also moves to Cresa. Vogel founded Vogel Advisors in 2005 after several years working in commercial real estate finance. “I couldn’t be more thrilled to...
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5 days ago | 
connectcre.com | Jasmine Kilman
Seattle & Northwest CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
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5 days ago | 
connectcre.com | Jasmine Kilman
Chicago & Midwest + Downtown + Office | Workbox plans to open its largest U.S. location in the Loop neighborhood of Chicago at 20 N. Wacker Drive. Workbox Chicago—Civic Opera will offer flexible workspace solutions, programming, and networking events. At over 68,000 square feet, the new location will span two entire floors of workspace solutions, lounges, conference rooms, public outdoor space, a workout facility, and modern amenities. The space will offer offices and suites for teams ranging...
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5 days ago | 
connectcre.com | Jasmine Kilman
Barnes & Noble will open a new store at the South Hill Mall in Puyallup, Washington, this fall. The national bookseller will take a 19,000-square-foot space formerly occupied by Super Jump Party Zone, between JCPenney and DSW. This will be the third new Barnes & Noble store to open in the Puget Sound area this year, with the chain also having locations in Issaquah and Bellevue, at a vacant space that was formerly a Z Gallerie store that closed in 2019. The bookstore will be located at 3500 S.
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5 days ago | 
connectcre.com | Jasmine Kilman
Washington DC & Mid-Atlantic + Virginia + Apartments | Berkadia has closed the refinancing of Amberleigh Apartments, a 752-unit garden-style multifamily community in Fairfax, Virginia. On behalf of the sponsor, Redbrick LMD, Berkadia DC Metro secured a $129.4 million financing package, consisting of a $113.8 million Freddie Mac loan and a $15.6 million preferred equity investment from an undisclosed provider. Located in the Merrifield submarket of Fairfax, the Amberleigh multifamily community...
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6 days ago | 
connectcre.com | Jasmine Kilman
Ryan Companies US, Inc. announced new leadership for the company’s North region encompassing Minnesota, the Dakotas, and the northeastern United States. Maureen Michalski and Jason Gabrick have been promoted to jointly lead the region, marking the first time in company history that this region will be co-led. This leadership transition follows Tony Barranco’s advancement to Northern Division President after serving as North Region President since 2021.
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6 days ago | 
connectcre.com | Jasmine Kilman
Chicago & Midwest + Midwest + Office | Transwestern Real Estate Services (TRS) represented Waggle, a golf and apparel brand, in a new lease at Radisson Road Business Center, a new development at 3100 101st Avenue NE in Blaine, Minnesota. Waggle signed a long-term lease for 45,024 square feet at the project. Transwestern Senior Vice President Chris Weirens represented the tenant throughout the site selection and lease negotiation process. The landlord was represented by Jon Raush and Luke...
