JLL Arranged the Sale of the Luxury River Oaks District in Houston Texas
JLL Capital Markets announced that it has closed the sale of River Oaks District, a landmark, 663,408-square-foot, luxury mixed-use asset located in Houston, Texas. The property includes 302,668 square feet of luxury retail, 279...
Building more luxury apartments lowers rent for all classes
One of ten unintended consequences of rent control, according to the National Apartment Association, is that it reduces developers’ incentives to build new rental housing. Rent control has proven to backfire on...
Madison Communities Secures $35.5MM Financing for Savannah Multifamily Development Madison Oglethorpe
Madison Communities, the multifamily development affiliate of Madison Capital Group, has closed on the financing for Madison Oglethorpe, an upscale garden-style multifamily development located directly adjacent to Oglethorpe Mall in Savannah, Georgia. The $35,500,000 construction...
BWE Secures $18.5M in Financing for St. Louis Workforce Housing Portfolio – One Loop...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured permanent financing for One Loop Apartments, Broadway Park Apartments, and Park Vue Flats, three workforce housing communities in St. Louis,...
Pre-Leasing Underway at The Josephine, a New 261-unit Luxury Rental Building in San Antonio’s...
Lynd, a national real estate development and property management firm, announced pre-leasing is underway for The Josephine, a 261-unit luxury rental community at 120 W. Josephine St. in San Antonio’s historic Pearl District. Located...
Eastham Capital and Eller Capital Partners Announce Disposition of Northcliffe Forest Apartments in Winston-Salem,...
Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, announced the $28.75 million disposition of Northcliffe Forest Apartments, a...
BWE Expands Tennessee Presence with Acquisition of First Southern Mortgage
BWE, a national commercial and multifamily mortgage banking company, announced a significant expansion of the company’s footprint in Tennessee with the acquisition of First Southern Mortgage, a full service commercial real estate capital firm. Jim...
134-Story Mixed-Use Skyscraper Proposed for Oklahoma City’s Boardwalk at Bricktown
A 134-story residential skyscraper has been proposed in downtown Oklahoma City as part of the Boardwalk at Bricktown development. Developers Matheson Capital and Thinkbox want to build out the Bricktown entertainment district with housing,...
Alliance Residential Company Opens Broadstone Peachtree Corners, a Luxury Mixed-Use Community in Atlanta Suburbs
Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Broadstone Peachtree Corners, a luxury mixed-use community. The property features 295 apartment units plus for sale townhomes and 20 for...
Knightvest Capital Continues North Texas Expansion with Cypress Apartments Acquisition
Knightvest Capital, a vertically-integrated multifamily investment company, announced today the acquisition of the Cypress Apartments in McKinney, Texas, a fast-growing suburb of the Dallas-Fort Worth area. This represents Knightvest Capital's first closed acquisition of...
Madison Communities Secures $80MM Construction Loan for Multifamily Community in Charlotte’s Lower South End
Madison Communities, a vertically integrated real estate development and investment firm, has secured an $80 million construction loan for its latest project, a 320-unit multifamily community in the Lower South End (LoSo) neighborhood in...
First Financial Bank Announced $5.5M for the Conversion of Historical Travis Elementary School into...
First Financial Bank has announced a $5.5 million investment to support the Landmark at Abilene senior housing project. The historic renovation of the former Travis Elementary School at 1101 S. 9th Street in Abilene,...
Suncrest Real Estate Announces Pre-Leasing is Underway at Zora University Near UNC Charlotte
Pre-leasing is underway at Zora University, a gated development of 108 build-to-rent homes in Charlotte, North Carolina’s University City neighborhood, located near the University of North Carolina at Charlotte. Each of the homes at Zora...
Canyon Partners Provides $15.6M in Preferred Equity to Recapitalize Towerview at Ballantyne in Charlotte
Canyon Partners Real Estate LLC ("Canyon") announced that it has provided a $15.6 million preferred equity investment relating to the recapitalization of Towerview at Ballantyne, a Class-A, high-rise residential community in the Ballantyne submarket...
Alliance Residential Company Opens Broadstone Berry Luxury Apartments Hill in Nashville
Alliance Residential Company, one of the largest multifamily developers in the nation, announced the opening of Broadstone Berry Hill, a luxury multifamily community in Nashville, Tennessee, located at 2500 Bransford Ave. In addition to...