Dalcor Holdings Secures $52M for Houston Affordable Housing
The company’s plan to acquire and restore the 805-unit Vista on Gessner is significant to the area because Hurricane Harvey caused damage to the housing stock.
JV Lands $72M for Houston Property
Dinerstein Cos. and Coventry Real Estate Advisors secured the loan to refinance Millennium High Street, a 340-unit community with 26,000 square feet of retail space.
Dominium Secures $96M for Twin Cities Affordable Housing
When completed, the former Weyerhaeuser lumber site in St. Paul, Minn., will include 241 units for seniors and 121 units for families.
Hilltop Residential to Acquire TX Apartments
Landmark of Conroe, a 200-unit garden-style community with a car wash, a basketball court and a pool, will receive capital for renovations.
Alliance Property Gets LIHTC Funding for Affordable Housing in Vegas
The 72-unit Owens Senior Apartments will receive sustainable upgrades, and the rehab should be complete in early 2019.
Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
Singh Development Plans MI Luxury Asset
The Griffin in Royal Oak will include 245 apartment units above 10,000 square feet of retail space. The community is expected to be completed in 2020.
Massive Concrete Pour Begins at FL Condos
Two Roads Development has started construction on Elysee Miami. When completed, the 57-story, 100-unit luxury high rise will be the one of the tallest buildings in the East Edgewater neighborhood.
Dalan Management, Elion Partners Acquire Adjacent 2 Assets in Manhattan
The joint venture purchased adjacent buildings on the Upper West Side, totaling 68 units, for $66 million from AAG Management.
JV Secures $251M for NYC Condo Project
CB Developers, SK Development and Ironstate Development are constructing 646 11th Ave. in the Hell’s Kitchen neighborhood. When completed, the community will include 222 condos and 60 for-sale storage units.