JV to Develop $20M Luxury Senior Community in Louisville
Guttman Properties and Civitas Senior Living are teaming up to develop The Grand of Prospect, offering 168 high-end apartments for seniors in Louisville, Ky.
First Affordable LGBT Senior Housing to Rise in South Florida
Carrfour Supportive Housing and the Pride Center are developing the apartment community, which marks the first phase of the master-planned redevelopment of the five-acre Equality Park campus.
Housing Trust Grows Florida Footprint
The company has closed $20 million in financing and broken ground on one of five communities currently under construction in the Sunshine State.
Marcus & Millichap’s IPA Sells 21-Property Portfolio
The properties consist of 5,995 units spanning five states.
Berkeley Point, ARA Newmark Team Up on $212M Portfolio Refi
The firms secured a seven-year, floating-rate loan from Freddie Mac to refinance a nine-property portfolio for their longtime client Steadfast Cos.
Extell, SMI USA to Develop $3B Residential Tower in NYC
The partnership will co-develop Central Park Tower on Billionaire’s Row, creating the tallest residential building in the Western Hemisphere.
$111M JV to Develop Major Mixed-Use Project in Chicago
Guggenheim Real Estate selected two partners to renovate a two-tower community and expand the site into a large mixed-use project in the Illinois Medical District.
Hines, Welltower Tap Sunrise Senior Living for NYC Project
Sunrise Senior Living was chosen to operate an upcoming senior living community under development by Welltower and Hines in Midtown Manhattan.
P3 Keeps Colorado Community Affordable
Community Development Trust, Volunteers of America and The Colorado Springs Housing Authority team up to save a 256-unit community for low-income residents.
EdR to Develop University’s Largest Project to Date
Northern Michigan University selected EdR to develop, finance and manage a historic multi-building living-learning community.