Business Specialties
Crescent Communities Opens Up Atlanta Development
The developer broke ground on the 320-unit luxury community in early 2017, with KeyBank providing nearly $45 million in construction financing.
SoCal Affordable Community Changes Hands
The 60-unit fully affordable property fetched a price tag of $3 million, with the buyer landing $2.7 million in acquisition financing.
JV Begins Phase 2 of $1B Hudson Valley Development
SunCal and Diversified Realty Advisors’ Edge-on-Hudson in Sleepy Hollow will comprise 1,177 multifamily units, a 140-key boutique hotel and 165,000 square feet of commercial space.
Standard Communities Nabs Affordable RI Asset
Following the acquisition, the company intends to perform an extensive rehabilitation of the 106-unit Curtis Arms Apartments in Providence.
Boston-Area Community Preserves Affordability for Next 40 Years
Asian Community Development Corp. purchased the Martensen Village in Quincy, mass. The new owner acquired the property under a state law that prevents it from being sold and converted into a market-rate community.
KeyBank Provides $39M Loan for Historic Cleveland Community
The financing comprises three different types of loans, which will contribute to the redevelopment and preservation of Commodore Apartments, a 198-unit property.
St. Louis-Area Community Breaks Ground
Located roughly 2 miles from Southern Illinois University Edwardsville’s campus, the 153-unit development is now underway, with an expected completion date in early 2020.
$500M LA Luxury Project Reaches Completion
The 2 million-square-foot development in downtown Los Angeles encompasses two 35-story towers and includes 48,000 square feet of ground-floor retail.
Milwaukee to Receive Tallest Timber Structure
Dubbed Ascent, the 21-story mixed-use development will comprise 410,000 square feet downtown. Construction is scheduled to begin in the fall of 2019.
NYC’s First Co-Living Community Coming to Brooklyn
The creator of the world’s largest co-living community will build a 350,000-square-foot property with flexible accommodations, including affordable housing.