Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Greysteel Markets CA Affordable Community
The company will market a 60-unit community in Mendota, Calif. The property has 100 percent of the units covered by a Section 8 Housing Assistance Payment contract that expires in 2025.
Waterline Square Tops Out in Manhattan
GID Development Group has celebrated the topping out of the 2.2 million-square-foot development. The three-tower building is scheduled to welcome its first buyers by the end of 2018.
Q East Development in CA Secures $60M
George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.
27-Story Atlanta Tower Tops Out
Gilbane Building Co. has reached the final phase of construction on 1000 Park Avenue, a 267-unit project. It is scheduled to open in May 2018.
923-Unit Community to Be Developed in LA
Newman Garrison + Partners along with Lincoln Property Co. have developed plans to construct Elysian Park Lofts, a TOD development in Los Angeles.
Age-Restricted Community Sells for $35M
Marcus & Millichap represented the seller and procured the buyer in the sale of a 115-unit community in Rancho Santa Margarita, Calif.
Mill Creek Starts Preleasing at The Griffith
The 220-unit apartment community in Glendale is within 20 minutes of downtown Los Angeles. The area hosts employers such as Disney’s Grand Central Creative Campus and DreamWorks Animation.
Venture West Closes $51M Refi
The company has arranged the loan for two properties, totaling 120 units in Los Angeles. The loan was secured through Banc of California.
BPDA Approves 660-Unit Brighton Development
The approximately 600,000-square-foot project, developed by Cabot, Cabot & Forbes, will include 98 affordable units and 510 parking spaces.
JV Invests $23M in Boston-Area Community
Blackfin Real Estate Investors and True North Management Group purchased The Bixby in Haverhill, Mass. The property’s previous owners recently completed renovations.