Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 14 states with more than $4.2 billion in Assets Under Management (AUM), has expanded into the Houston, Texas retail market with its acquisition of Commons at Willowbrook, a 442,000square foot open-air regional power center. Located at 7502-7540 W. FM 1960, the asset features approximately 32 retailers and restaurants and was 75 percent leased at the time of the transaction. Barry Brown and Ryan West of JLL Houston represented the seller,. Since the start of 2021, CRC has acquired nearly $1 billion worth of retail real estate.

Sack Capital Partners (SCP), a San Francisco-based real estate investment and management firm with multifamily properties throughout the west coast, today announced the acquisition of Fourth & U Apartments, a 171-unit, five-story mid-rise with ground-floor retail at 2020 Fourth Street in Berkeley, CA. SCP plans to execute a value-add strategy at the property by investing in interior and exterior renovations. SCP will also provide onsite property management, and leasing for the asset.

Foxrun and North Pointe mark Eastham’s fourth and fifth acquisitions with local operating partner, Merion Realty Partners

Following many months of planning, reorganizing and onboarding, Reno, Nevada-based CloudTen Residential has announced its merger with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees and over 8,000 units throughout the West and Pacific Northwest. The expanded company operates under the CloudTen brand.

WELLINGTON, FL--Bainbridge Multifamily Acquisition Fund I GP, LLC, an affiliate of the Bainbridge Companies (“Bainbridge”), successfully held a first closing of approximately $150 million in commitments for the Bainbridge Multifamily Acquisition Fund I, LP (the “Fund”). With a target raise of $250 million in commitments, Bainbridge plans to utilize the Fund capital to acquire 1990’s and newer high-quality multifamily properties at discounts to replacement cost in the premier multifamily real estate company’s targeted Sun Belt and Mid-Atlantic markets.

MCB Real Estate, a privately-held institutional investment management firm with a nationwide portfolio of operating assets totaling approximately 15 million square feet, has acquired Pinkard Properties and its 14-person professional team. Katherine Pinkard, co-founder of the company which provides asset and property management services for approximately two million square feet of commercial office, flex/office, warehouse/industrial, and retail space in the Maryland region, has been named Senior Managing Director, Property Management for MCB Real Estate. MCB’s current Property Management division leader, Marty Lastner, recently announced plans to retire.

A 226-unit apartment complex located at 660 Yorktown Street, Dallas, TX 75208 has sold. The seller, Nuveen Real Estate, has sold the 2016-built, Class A property to ShainRealty Capital, a Los Angeles privately-owned real estate investment firm, run by brothers Jonathan & Elliot Shainberg.

Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of over 6,000 apartment homes in more than 60 communities in four states.