Grand Opening Celebration of Uplands Master Plan Phase II
Pennrose, the City of Baltimore, Baltimore City Department of Housing and Community Development, KMJ Uplands LLC, B&W Solutions, Uplands Community Association, and local officials gathered to celebrate the grand opening of Phase II of...
Subtext Unveils Largest Development to Date: VERVE Charlottesville at University of Virginia
Subtext, a national real estate company focused on elevating the resident experience, has announced its largest development with VERVE Charlottesville. Developed with joint venture equity partner Kayne Anderson Real Estate, this transformative student housing community...
Woodfield Development and Flagler Realty & Development Inc. Break Ground on Mixed-use Development on...
Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, and Flagler Realty & Development Inc., a family office specializing in developing, leasing, and managing commercial properties across Florida, officially...
Alliance Residential Company Opens Broadstone Overlands in Historic Clermont Florida
Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Broadstone Overlands, a 200-unit multifamily complex in Clermont, Florida near Orlando. Situated along State Road 50, this property is uniquely located...
FCP Expands Florida Portfolio with Acquisition of Alexan Miramar Apartments Near Miami
FCP® is pleased to announce the acquisition of Alexan Miramar Apartments, a newly constructed 250-unit multifamily community located at 3155 SW 147th Terrace in Miramar, Florida, part of the thriving Broward County market. “Alexan Miramar...
Lincoln Avenue Communities Breaks Ground on Residences at Government Center II in Fairfax County...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the Residences at Government Center II during a ceremony with LAC leaders, local lawmakers and partners, including Virginia Housing,...
Green Street Housing and TM Associates Close Financing for Acquisition and Rehabilitation of Maryland...
Green Street Housing and TM Associates, in partnership with Interfaith Housing Alliance, is pleased to announce the successful closing of financing for the acquisition and rehabilitation of The Point at Smithsburg, an affordable housing...
HUD with GRRP Invests More than $6.5M to Modernize Rental Homes for Families in...
The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...
Eastern Union Secures $24M Toward Refinancing of Newly Constructed, 57-Unit, Mixed-Use Property on Foster...
Eastern Union, one of America's largest commercial real estate mortgage brokerage firms, has arranged the $24-million refinancing of a construction loan in support of a 57-unit, mixed-use building located at 2508 Foster Avenue in...
West Shore Acquires River Lofts at Tobacco Row in Richmond Virginia
West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and operation of multifamily assets, this week announced its acquisition of The River Lofts at Tobacco Row in...
Capital Square Tops Out Fifth Opportunity Zone Development Chasen in Richmond’s Scott’s Addition Neighborhood
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the topping out of Chasen, a 352-unit, multifamily community development in...
CRC Acquires Multifamily Property Dartmoor Place at Oxford Square in Maryland for $86.5M
Continental Realty Corporation (CRC) has completed the $86.5 million acquisition of Dartmoor Place at Oxford Square, located at 7200 Alden Way in Elkridge, Maryland. As part of the acquisition, CRC will assume the in-place 35-year...
Yardi Matrix: expenses and income grow in tandem in affordable housing
On December 3, Yardi Matrix released its first-ever report on expense and income growth in the affordable housing sector. The report concludes that expenses and income have grown in tandem at above-level...
Ariel Property Advisors Arranges $33.75M Acquisition Loan for Upper East Side Multifamily Property Renoir...
The Capital Services Group for Ariel Property Advisors (Ariel) has arranged a $33.75 million acquisition loan for Renoir House, a 105,282-square-foot, 151-unit, predominantly free-market luxury residential building at 225 East 63rd Street on Manhattan’s...
Lendlease Unveils Brand Name, Renderings for The Riverie, Residential Development Along Brooklyn’s Greenpoint Waterfront
Lendlease, a leading integrated real estate and investment management group, and joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for The Riverie, an 834-unit multifamily...