Business Specialties
Hudson Cos. Snags $64M for San Jose Mixed-Use Project
Vespaio is a seven-story mixed‐use project with 162 units and 39,042 square feet of retail and commercial space.
Former Durham Hotel to Become 342-Unit Community
Alliance Residential purchased Crown Park Hotel, the company’s first asset in the Triangle. Karl Hudson with Foundry Commercial represented the buyer in this $10.5 million transaction.
JV Premieres NJ Luxury Community
Dinallo Construction and Russo Development have opened Waldwick Station, a 110-unit transit-oriented development located on a former industrial site.
KeyBank Secures Financing for 6 Senior Housing Assets
The skilled nursing facilities are spread across Vermont, New Hampshire and Rhode Island and encompass a total of 664 beds.
Bay Harbor Island Development Site Commands $21M
Colliers Senior Vice President Larry Stockton led the team that represented both the seller and the buyer in the transaction.
Multifamily Deliveries Slow as Worker Scarcity Increases Construction Times
Longer development periods for multifamily assets could have a substantial impact on the market. Here’s a look at how.
Harbor Group Nabs Orlando Asset for $97M
Berkadia arranged $66 million in financing for the firm’s acquisition of Elan Audubon Park, a 449-unit community spread across 12 buildings.
JV to Develop 2nd Tallest Nashville Tower
The Congress Group and AECOM Capital Real Estate have joined forces to transform 151 1st Ave. S., a mixed-use development in the SoBro area of the city.
Electra America Expands in Tampa
The company acquired Avery Place, a 264-unit community that will be rebranded as The Avana and will receive capital improvements worth $2.5 million.
Cardinal Group Snags $35M CO Asset
TSB Capital Advisors arranged a $20.8 million, 10-year, fixed-rate term loan for the purchase of Uptown Broadway, a 116-unit community in Boulder. The loan was provided by KeyBank and is held by Freddie Mac.