Santa Clara Stunner: $183M Bet on Sofia Apartments
Acacia Capital bought the Sofia Apartments in Santa Clara for $183M—about $640K per unit—one of the pricier South Bay multifamily trades. The property includes dozens of city‑set‑aside affordable units.
Manhattan Tenants Rally for Repairs as A&E Real Estate Faces $2.1M Fine and Violation Amendments
Residents and officials at the Holland Apartment complex in Manhattan demand repairs following a settlement where A&E Real Estate must pay a $2.1 million fine and fix 4,000 violations.
Showdown Over Pāʻia Mill As Maui Panel Weighs Light‑Industry Makeover
The Maui Planning Commission will consider rezoning the 19.933‑acre Pāʻia Sugar Mill to M‑1 light industrial, a proposal that splits business supporters and concerned neighbors. The staff report and public testimony flag housing, traffic and agricultural‑soil issues.
Developer Cinnaire Closes $134M Fund for Midwest Affordable Housing
Cinnaire closed a $134M LIHTC fund this week to finance 12 projects across five states, aimed at creating or preserving about 950 affordable homes. The fund includes a 197-unit Madison project and supportive housing in Michigan and Indiana.












