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Architectural rendering of Stevens Creek, the planned 311-unit multifamily community that Rockpoint Group and Holland Partner Group are developing at 3896 Stevens Creek Boulevard in west San Jose.
Joint Ventures

Rockpoint Group and Holland Partner Group Form Joint Venture to Develop 311-Unit Multifamily Community in San Jose

Rockpoint Group and Holland Partner Group have entered into a joint venture to develop Stevens Creek, a 311-unit multifamily community at 3896 Stevens Creek Boulevard in west San Jose. The project, slated for completion in 2029, will include approximately 6,000 square feet of ground-floor retail and targets Silicon Valley's supply-constrained rental market.

•MultifamilyMixed UseRetail
Aerial view of Issaquah, Washington, the Puget Sound Eastside setting for Timberlane Partners' acquisition of the 91-unit Vista Ridge apartment community.
Property TransactionsMultifamily

Timberlane Partners Acquires 91-Unit Vista Ridge in Issaquah for $37MM, Backed by Mesa West Capital Loan

Timberlane Partners has acquired Vista Ridge, a 91-unit garden-style apartment community in Issaquah, Washington, for $37 million from Belkorp Holdings, Inc. The deal, financed with a $27 million loan from Mesa West Real Estate Income Fund VI Holdings, LLC, marks the fifth acquisition for the firm's second closed-end multifamily fund.

•Timberlane Partners
Joint Ventures

Almanac Realty Investors Commits $250 Million to AmCap Ventures in Inaugural Horizon Fund Deployment with Australian Retirement Trust

Almanac Realty Investors has committed $250 million in growth capital to Stamford, Connecticut-based AmCap Ventures, marking the first deployment of the Horizon Fund, a $1 billion vehicle established in partnership with Australian Retirement Trust. The capital will support AmCap's strategy of acquiring grocery-anchored and necessity retail centers across major U.S. metropolitan markets.

•Neuberger Berman

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An architectural rendering of 1 Fremont in Seattle’s Fremont Village neighborhood, the 105-unit mixed-use project financed through Strathcona Capital and Belay Investment Group’s $32.7 million senior construction loan.
FinancingMultifamilyMixed Use+1

Strathcona Capital and Belay Investment Group Close $32.7 Million Construction Loan for 105-Unit Seattle Multifamily Project

Strathcona Capital and Belay Investment Group have closed a $32.7 million senior construction loan for 1 Fremont, a 105-unit mixed-use multifamily project in Seattle's Fremont Village neighborhood. The deal also marks the launch of a programmatic joint venture between the two firms targeting construction and bridge financing opportunities across the United States.

•Belay Investment Group
The Monticello apartment building at 415 Boren Avenue in Seattle's First Hill neighborhood, acquired by Nordic Partners Investments in its $14.4 million purchase of the 107-unit property.
Property TransactionsMultifamily

Nordic Partners Investments Acquires 107-Unit Seattle Apartment Building for $14.4 Million

Bellevue-based Nordic Partners Investments has acquired a 107-unit apartment building in Seattle's First Hill neighborhood for $14.4 million, marking the five-year-old firm's largest transaction to date. The property at 415 Boren Avenue traded at approximately $134,579 per unit, roughly 55% below the average per-unit price for comparable Seattle multifamily assets.

•Kidder Mathews
Aerial view of Peppermill Logistics Center in the Baltimore-Washington Corridor, the 107,000-square-foot Class A logistics facility acquired by CBRE Investment Management.
Property TransactionsWarehouse & Distribution

CBRE Investment Management Acquires Peppermill Logistics Center in Baltimore-Washington Corridor

CBRE Investment Management has acquired Peppermill Logistics Center, a newly built, 107,000-square-foot Class A logistics facility in the Baltimore-Washington Corridor. The property, completed in mid-2024, is fully leased and located less than one mile from Baltimore/Washington International Thurgood Marshall Airport.

•CBRE Investment Management
The Atlanta Community Food Bank building represents the type of Atlanta-area asset included in the 53-building industrial portfolio acquired by TPG, Redfearn Capital and partners for $628 million.
Property TransactionsIndustrial

TPG, Redfearn Capital and Partners Pay $628M for 53-Building Industrial Portfolio Across Seven States

A joint venture led by TPG and including Redfearn Capital, Atlanta Property Group and Matterhorn Venture Partners has acquired a 53-building, 5.4 million-square-foot industrial portfolio from DRA Advisors for $628 million. The deal, the largest to date between TPG and Redfearn Capital, spans seven states with roughly 75 percent of assets concentrated in Southeast markets.

•Redfearn Capital