HUD Celebrates Opening of 76 New Affordable Senior Rental Homes in Columbus Ohio
The U.S. Department of Housing and Urban Development’s (HUD) Assistant Secretary for Housing Julia R. Gordon joined the leadership of National Church Residences, the largest nationwide non-profit organization providing affordable senior housing, and state...
TWG Announces Conversion of Durango Colorado Hotel into 120 Affordable Housing Units
TWG, a real estate development company specializing in commercial, market rate, affordable and senior housing developments, announces the construction of Residences at Durango, a new $35 million, affordable, multifamily 120-unit affordable apartment community coming...
JLL Welcomes Stephanie Phipps to its Value and Risk Advisory Platform
JLL’s Value and Risk Advisory platform announced that it has welcomed Stephanie Phipps as a Director within its multi-housing sector led by Executive Managing Director Kai Pan. Phipps will work alongside the current Build-to-Rent (BTR)...
JLL Arranged $115M in Financing for a 405-Unit West Los Angeles Luxury Apartment Complex
JLL announced that it has arranged the $115 million financing for The Ventana Luxury Apartments, a 405-unit, low-rise multi-housing community located in the master-planned community of Playa Vista, California. The Ventana was originally constructed in...
Habitat Receives PUD Approval for $400 Million Marine Drive Apartments in Buffalo New York
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, announced its $400 million redevelopment of Marine Drive Apartments in Buffalo, New York, has received planned unit development (PUD) approval by the Buffalo Common...
The Opus Group Announces Completion The Helmsman Apartments in Savannah Georgia
The Opus Group® announced the completion of The Helmsman, a five-story, boutique-style luxury apartment community in downtown Savannah near Savannah College of Art and Design (SCAD). The Helmsman borders Savannah’s historic district and is within...
Governor Hochul Announces Completion of 50-Unit Affordable and Supportive Housing Development in Onondaga County
Governor Kathy Hochul announced the completion of Monarch Commons, a 50-unit affordable housing development for seniors in the Onondaga County town of Cicero. The energy-efficient development includes 15 supportive homes for veterans experiencing homelessness. “With...
EAH Housing and City of Honolulu Celebrate Groundbreaking of New $62 Million Affordable Senior...
EAH Housing, a nonprofit developer and property manager with a long history in the islands, held a traditional Hawaiian groundbreaking and blessing ceremony for Aloha Iā Halewilikō (formerly Halewilikō Highlands) in ‘Aiea. The $62...
The Opus Group and Balboa Real Estate Partners Bring Amenity-Rich Apartment Living to Kansas...
The Opus Group® announced the completion of The Darby at Briarcliff, a luxury 255-unit multifamily development in Kansas City, Missouri. Owned by Balboa Real Estate Partners, The Darby at Briarcliff includes two apartment buildings: a...
Thompson Thrift to Develop 300-Unit Multifamily Community in Lady Lake Near Orlando Florida
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Standard441, a new 300-unit multifamily community in the Orlando suburb of Lady Lake. “Lady...
McShane to Build 320-unit Apartment Community in Phoenix for Milhaus and Banyan Residential
McShane Construction Company was selected by repeat clients Milhaus and Banyan Residential to provide design-assist construction services for Alanna, a new apartment community in Phoenix, Arizona. “We’re excited to be underway on another project with...
Institutional Property Advisors Closes Inland Empire Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Terramonte at Foothill, a 138-unit apartment property in Pomona, California. The asset sold for $35.5 million, or $257,246 per unit. “Constructed in...
Wingspan and Tucker Development Secure $100M for Mixed-Use Skokie Development near Chicago
A joint venture between Tucker Development and Wingspan Development Group announced it has closed on $100M in construction financing for The Henry at Harms Woods, a new mixed-use development in Skokie, Illinois. The financing...
Waterton Acquires 346-Unit Alta Grand Central Apartments in Chicago’s SouthLoop
Waterton, a national real estate investor and operator, announced it has acquired the Alta Grand Central apartment community in the South Loop neighborhood of Chicago. Completed in 2020, Alta Grand Central and comprises 346 units...
JLL Closes Sale of 141-unit The Perch PDX in North Portland Oregon
JLL Capital Markets announced that it has closed on the sale of The Perch PDX, a 141-unit, newly constructed, luxury, transit-oriented multi-housing community located in the highly sought-after Overlook neighborhood of North Portland, Oregon. Built...