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Newmark announces the Company has arranged the sale of The Ridge, a 1,736-acre master-planned development site near Niederwald, Texas. Newmark Director Steven Boice brokered the transaction between Walton Global and Wilson Capital. Planned as one of Central Texas’ largest mixed-use residential communities, The Ridge will ultimately feature more than 6,200 single-family homes, a 13-acre amenity center and approximately 60 acres designated for future commercial and multifamily development.

Walker & Dunlop, Inc. released its 2026 Student Housing Outlook that signals that a strong preleasing year and resilient enrollment growth, combined with a slowdown in new student housing construction, are setting the stage for a new investment cycle in one of commercial real estate’s strongest-performing sectors. The Outlook describes how after several years of record rent growth and rapid development; the purpose-built student housing market is shifting into a more fundamentals-driven phase.

Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135 units: The Cedars, an 83-unit property that sold for $21.45 million, and Creekside Terrace, a 52-unit property that sold for $14.1 million.

SCALE Lending, the debt financing arm of Slate Property Group, announced that it has issued a $45 million senior-secured construction loan for a new multifamily project located at 264-272 West 135th Street in Harlem, New York. The loan will be used by the sponsor, Mass Development, for the ground up development of an 11-story residential building. The floating rate loan runs for 30 months with two 6-month extensions and was arranged by Arrow Real Estate Advisors.

Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured $12.66 million to refinance Mirage Bay, a 137-unit garden-style multifamily community in Fort Myers, Florida. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Matt Robbins and Brad Williamson of Berkadia Miami and Boca Raton secured the financing on behalf of the sponsor, Rich Properties, a South Florida-based real estate investment and development firm.

Apprise by Walker & Dunlop has expanded its regional platform in the Mountain West with the addition of John M. Blaser, MAI, as Managing Director in the Mountain Region. A respected leader in the valuation industry, Blaser brings nearly 20 years of experience valuing multifamily and complex commercial assets across the western United States.

R.D. Olson Construction, a leading general contractor specializing in multifamily developments, is building a 301-unit affordable housing community in Woodland Hills, a prominent Northwest suburb of Los Angeles. In partnership with Meta Housing, The Alcove is a master site development consisting of two apartment complexes that align with the Warner Center 2035 Specific Plan and will transform a car-centric neighborhood into a thriving downtown destination for the San Fernando Valley.

Rockefeller Group announced that veteran real estate executive Mitzi Jones has joined the company as Senior Managing Director, Southeast Region, overseeing the company’s development business throughout the Southeast United States. Ms. Jones is based in the company’s Atlanta regional headquarters. She succeeds John Petricola, who plans to leave the company at the end of July. Ms. Jones joins Rockefeller Group from Atlantic Residential, where she was most recently Chief Development Officer.

Chicago-based multifamily brokerage firm Essex Realty Group and Essex Capital Markets are pleased to announce the closing of Wilson Manor, a 33-unit multifamily property located at 3348 W. Wilson Avenue in Chicago’s Albany Park neighborhood. The property sold for $7,600,000, a $200,000 premium over the listing price.

Newmark announces the Company has arranged the sale and financing of Hathaway at Willow Bend, a 229-unit multifamily community located at 2525 Preston Road in Plano, Texas. Newmark Executive Managing Director Richard Furr, Vice Chairmen Brian O’Boyle, Jr. and Brian Murphy and Associate Jack Forman represented the seller, S2 Capital Acquisitions, in the transaction.