LDG, HOC Partner on Redevelopment Project in Silver Spring, Md.
Lee Development Group and the Housing Opportunities Commission of Montgomery County have announced a partnership to redevelop three parcels in the downtown area of Silver Spring, Md., into mixed-use and transit-oriented affordable housing.
Peak Campus Development Begins Construction on Second Phase of The Pavilion
Peak Campus Development has announced that it has broken ground on the second phase of its Charlottesville, Va., student housing community, Pavilion at North Grounds.
123 on the Park is 50 Percent Leased
The Chetrit Group and Clipper Equity redevelopment 123 on the Park in Brooklyn has surpassed the 50 percent leased threshold after less than three months on the market.
Dominium to Upgrade Recently Acquired Affordable Housing Community
Minneapolis-based affordable housing development and management company Dominium has announced that it has acquired a 172-unit community in Saint Paul, Minn.
Bell Partners Purchases Fairfax, Va., Community
Bell Partners has announced that it has purchased the 246-unit Fair Oaks at Pender Creek community in Fairfax, Va., on behalf of its investors.
Crown Realty & Development Acquires Ocotillo Springs Community in Chandler, Ariz.
Crown Realty & Development has announced that it has closed on the purchase of the 272-unit Ocotillo Springs Community in Chandler, Ariz. The $33.4 million acquisition is the company’s 10th purchase in the Phoenix area market since 2010 and the company already has plans for extensive interior renovations and other community upgrades.
P.B. Bell, Davis Enterprises Tapped to Redevelop Barrister Place Building in Phoenix
The City of Phoenix has selected P.B. Bell and Davis Enterprises to redevelop the historic Barrister Place building in the city’s downtown neighborhood.
Lowe Enterprises Unveils the George Apartment Building
Lowe Enterprises has announced the completion of The George apartment building in Wheaton, Md. The 12-story tower was a redevelopment of an existing 45-year-old, five-story former office building. The additional seven stories and other renovation efforts will add 194 contemporary residents to that market.
Halpern Enterprises to Break Ground On Multi-Use Development
Atlanta-based Halpern Enterprises will break ground on a new 48-acre development that will add 153 single-family homes, a 274-unit luxury rental apartment community and a 47,593-square-foot neighborhood retail center to the Atlanta suburb of Smyrna, Ga.
Bedrock Real Estate Integrates Smart Technology Across Detroit Portfolio
Downtown Detroit’s revitalization is taking a step into the future and companies like Hepta Control Systems and Bedrock Real Estate Services are at the forefront of the transformation of these historic and iconic buildings.