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$140 Million Yonkers Apartment Tower Breaks Ground With Bank OZK Construction Financing

$140 Million Yonkers Apartment Tower Breaks Ground With Bank OZK Construction Financing

by John G. Stevens | Oct 7, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News

Construction has started on The Ibex at Ridge Hill, a $140 million mixed-use apartment tower in Yonkers, New York, adding 282 apartments to the Ridge Hill development as multifamily construction continues to attract capital in supply-constrained suburban...
Security Properties Acquires Seattle Apartment Complex for $34.7 Million

Security Properties Acquires Seattle Apartment Complex for $34.7 Million

by Phil Hall | Apr 15, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Security Properties, in partnership with RGA ReCap Inc. on behalf of Reinsurance Group of America Inc., has acquired Seattle’s 100-unit property Henry Apartments for $34.7 million. Henry Apartments was built in 2017, and Security Properties is planning a targeted...
KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments

KBS Builders Inks $2.1 Million Contract to Build Modules for Vermont Multifamily Apartments

by Phil Hall | Dec 24, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

KBS Builders Inc., a South Paris, Maine-based modular manufacturer focused on the New England market, has signed a $2.1 million contract for multifamily apartments in Randolph, Vermont. According to the company, KBS will manufacture 16 modules for the construction of...

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