JLL Lands $14M to Preserve Miami Affordable Housing
The financing will allow Phoenix Apartments Venture to acquire and rehabilitate a 164-unit community in the Miami area, while maintaining the property’s affordability.
Lowe Enterprises Gets Artsy with New Downtown LA Community
The 320-unit community named The Garey Bldg. just opened in the heart of the Arts District, offering a strong amenity package and plentiful outdoor spaces.
Cedar Grove Capital Nabs 26-Acre Charlotte Community
ROSS Management Services will be the property manager for Montclaire Estates, marking its ninth partnership in the last year with Cedar Grove.
Virginia Office Park to Become Major Mixed-Use Community
Akridge sold the newly rezoned Preserve at Westfields in Fairfax County to two developers, which plan to create a mixed-use community with retail, multifamily and more.
Colliers Leads $81M Sale of 3-Property Richmond Portfolio
CORE Realty Holdings Management sold the 818-unit multifamily portfolio to two buyers.
HFF Leads Sale of 480-Unit St. Louis Community
A joint venture between Covenant Capital Group and Bell Partners sold the 36-building community to an L.A.-based firm.
Tishman Speyer to Transform Prime DC Site into Residences
The company will turn the two-acre site near Nationals Park into an 800-unit, mixed-use development.
Fairstead Capital Spends $315M on Harlem Apartments
The company completed one of the largest multifamily deals of the year with the purchase of the 1,790-unit Savoy Park Apartments in Central Harlem.
Love Funding Lands $6.6M Loan for New Senior Housing in Utah
The construction financing will allow Giza Development to speed up the building of a 62-bed assisted living and memory care facility in Ogden, Utah.
Quadrangle, Wilkes Break Ground on Luxury DC Apartments
The Lydian marks the development team’s seventh building in its 2 million-square-foot, mixed-use Mount Vernon Place community.