Business Specialties
LeCesse Begins 2nd Phase of Orlando Development
The 312-unit BellaNova at JubiLee Park, located about two miles from the city’s airport, is anticipated to open in the summer of 2019.
S2 Capital Expands Houston Footprint
The nearly 800-unit property, built in 1973, includes a mix of one- to three-bedroom apartments. The new owner plans to upgrade the community’s units and amenities.
Luxury Raleigh Community Breaks Ground
The first phase of Exchange at Holly Springs is slated to bring 316 units across 11 buildings, with a second phase in early planning stages.
Raleigh-Area Property Trades for $43M
The new owner, a joint venture between DRA Advisors and Fogelman Properties, plans to implement both in-unit and amenities upgrades.
Encore Kicks Off Ft. Lauderdale High-Rise
The Rise Flagler Village is part of Encore Capital Management’s luxury The Rise product brand and is scheduled for completion in early 2020.
Campanelli, Thorndike Sell MA Luxury Asset for $54M
East Main Apartments, located between Providence and Boston, features 188 units. Campanelli Construction completed the Class A community in 2017.
Plum Creek Reaches Development Milestone in Texas
The company has completed its 1,600th apartment in Kyle, Texas, and plans to build 370 more in the coming year.
Transwestern Investment Group, S2 Capital Acquire DFW Community
Oak Creek Apartments in Bedford, Texas, includes 464 units and is the largest Class B property in the area.
OBP Partners Acquires 2 Boston Properties
The company secured a 185-unit suburban apartment portfolio from True North Capital Partners for $45.2 million.
Partnership Debuts Affordable Housing Revamp in Vegas
Community Development Partners and BLVD Capital have opened Baltimore Gardens and Cleveland Gardens, two communities totaling 201 units. All apartments are restricted to low-income households.