Stephanie Shack, Senior Vice President, General Counsel for Continental Realty Corporation (CRC), has been awarded the “Top 100 Corporate Counsel Award” from OnConferences (OnCon), a national organization which provides a platform for executives and organizations to exchange ideas, and to foster growth and development within their respective fields. Shack has approximately 30 years of legal experience in the commercial real estate industry and volunteers with numerous local non-profit and community-based organizations.

Katy, TX – Concord Summit Capital, LLC ("Concord Summit" or “CSC”) has arranged $25.25 million in senior construction financing for Colonial Village, a new build-to-rent (BTR) community being developed in the Houston, Texas suburb of Katy.  The funding represents an 88% loan-to-cost (LTC) execution, allowing the sponsor to retain full ownership without the need for co-GP or LP capital.

Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged the debt and equity recapitalization of Pointe at Carrollwood, a 224-unit value-add apartment community located in northwest Tampa, Florida. Berkadia was able to provide an attractively priced recapitalization for the borrower combining fixed-rate agency financing with preferred equity to solve for the property's upcoming loan maturity.

SmartRent, Inc. (NYSE: SMRT), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today released new findings from its nationwide survey of renters, conducted in partnership with Morning Consult. As the highly competitive summer rental season unfolds, the results reveal the nuanced approach renters are taking as they consider their next home. While many are open to moving, they bring firm expectations to their search, especially around core utilities and technologies.

Chicago, IL – [June 19, 2025] — Concord Summit Capital, LLC (“Concord Summit” or “CSC”) has arranged $25.14 million in bridge financing for The Archer, a 68-unit multifamily property located in Chicago’s prestigious Gold Coast neighborhood. The funding enabled an existing limited partner to acquire full control of the asset from the general partner and initiate a renovation of the remaining units.

Lawson, a long-standing leader in the development, construction, and management of multifamily housing, has been ranked #34 on Affordable Housing Finance Magazine’s Top 50 Affordable Housing Developers of 2024 list. This national recognition underscores Lawson’s continued commitment to addressing a critical need for quality affordable housing.

Alfred, the technology-first residential real estate platform that has spent a decade reimagining housing with resident experience at its core, announced a transformative merger between its property management arm, RKW Residential, and Quarterra Living, the multifamily property management business of Quarterra. The combined platform will manage approximately 52,000 residences nationwide, representing over $20 billion of assets, positioning it as one of the largest residential real estate property managers in the United States. 
 
This merger unites three of the most innovative groups in multifamily real estate today: Alfred, with its AI-powered management platform; RKW, known for boutique-style management rooted in exceptional service; and Quarterra, recognized for its institutional quality, operational excellence and national scale. 
 
"For a decade we’ve shown that superior returns and an outstanding resident experience can and should go hand in hand," said Jessica Beck, CEO and co-founder of Alfred, who will lead the combined entity. "This merger creates the scale and capabilities needed to deliver on that promise at the next level. We’re not just growing in size; we’re strengthening our position to build a new operating model for residential real estate - one that meets the evolving needs of today’s owners and residents." 
 
As market dynamics push for lower costs, operators are overwhelmed by fragmented technologies that increase workload without delivering measurable improvements. This new platform solves for that by unifying property operations, resident engagement, and asset performance into a single ecosystem - designed with automation and AI purpose-built for the core fundamentals of property operations, the platform streamlines leasing, maintenance, communications, and financial workflows. 
 
Brad Greiwe, CEO of Quarterra, will join the Board of Directors.  
 
Quarterra’s proven property management leadership team will continue in its roles, ensuring continuity of operations while the companies integrate their platforms and innovate the service offering. 
 
The newly merged company will maintain operations in all current markets while actively exploring strategic opportunities for expansion. Over the next year, the company plans to introduce a refreshed brand and platform advancements. Its proprietary, fully-integrated technology platform, which unifies resident experience and property operations into a single streamlined system, will be rolled out across the entire portfolio. 
 
"Housing— especially rental— should provide more than four walls; it should enable modern living with novel services, support, and community," added Marcela Sapone, the Executive Chair and co-founder of Alfred. "With this merger, we can deliver on that vision at a scale that sets the new industry standard.” 
 
For more information, visit helloalfred.com