Brooklyn’s 388 Bridge Street Now 75 Percent Leased
The Stahl Organization and Halstead Property Development Marketing have announced that the 53-story hybrid residential building 388 Bridge Street in Brooklyn is 75 percent leased. The 378-unit, mixed-use building includes 234 rental units, 104 condominiums and 40 penthouse residences.
Sterling Celebrates Opening of Class A Knoxville Community
The Sterling Group has announced the grand opening of its newest Class A apartment asset in Knoxville, Tenn. The community, Wellsley Park at Deane Hill, will add 249 units to that market.
Hensel Phelps, Mithun Awarded Contract for New UCI Student Housing Community
The University of California, Irvine has announced that it has selected construction and design firm Hensel Phelps in partnership with architect Mithun to design and construct the Mesa Court Expansion student housing community. The $92 million project it targeting LEED Platinum and will add 780 beds to the university’s housing.
LEI Acquires 228-unit Community in Newark, Del.
Lowe Enterprises Investors, on behalf of an investment client, has announced that it has purchased the 18.5-acre, 228-unit Christina Mill Apartments in Newark, Del. from Korman Residential for an undisclosed price.
WinnCompanies Completes 18th Adaptive Reuse Project
WinnCompanies’ real estate component, WinnDevelopment, has announced the completion of its adaptive reuse project, Voke Lofts, located at 34 Grove Street in Worcester, Mass.
Silverstone Breaks Ground on Plano, Texas Seniors Living Community
Silverstone Healthcare Company has announced that it has broken ground on HarborChase of Plano, a 120-unit, Class A assisted living and memory care community in Plano, Texas.
Landmark, Carrfour Celebrate Grand Opening of $21M Redeveloped Affordable Housing Community
Real estate developer Landmark Development and nonprofit affordable housing developer Carrfour Supportive Housing recently celebrated the grand opening of a 1950s-era, 100-unit redeveloped affordable housing community in Miami’s underserved Brownsville neighborhood.
DSF Group Acquires 433-unit Community in Danvers, Mass.
Boston-based real estate investment and development firm The DSF Group has announced that it has acquired the Danvers, Mass., community Avalon Danvers for $108.5 million in the largest transaction in the Boston market this year.
Design Plans Approved for Westside Multimodal Transit Center in San Antonio
The Board of Directors of VIA Metropolitan Transit in San Antonio have approved the plans of EE&K a Perkins Eastman company to construct the second phase of the Westside Multimodal Transit Center. The project, a 90,000-square-foot development, is expected to break ground in July of this year.
KRE Group, Ironstate NJ City Development Fully Leased
The Marketing Directors have announced that the lease-up at Kushner Real Estate Group and Ironstate Development’s new luxury building in Jersey City, N.J., has set a city leasing record after inking more than 100 leases at the 422-unit community, 18 Park, within about four weeks of its initial lease-up campaign.