Business Specialties
High Street, Olympus Take TX Luxury Community to Next Phase
The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.
On the Market: 5 Interesting Listings for the Week of 9/18
This week’s listings include the recently completed rehabilitation of an historic 18-unit building in Jersey City, N.J., and a new townhouse asset in New Hampshire that comes with an adjacent lot available for future development.
Fifield Fetes Grand Opening of The Sinclair in Chicago
The luxury rental community adds a large slate of upscale units to Chicago’s Gold Coast neighborhood, spurring talk of a resurgence.
Michaelson Acquires 520-Unit TN Community
Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.
Russo Development Begins Work On NJ Apartments
Once construction is complete, Vermella West will add 280 apartment units to the Northern New Jersey submarket. The property will comprise four residential buildings and more than 15,000 square feet of amenity spaces.
JV to Develop 236-Unit DC Community
Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.
Renters Looking to Live Green: AMLI Survey
The company’s first Sustainable Living Index showed that 84 percent of residents find living in a green home important to them, while 64 percent are even willing to pay a higher rent for sustainable features.
DC-Area Senior Project Features Hotel Touches
Thrive Senior Living’s new development in Woodbridge, Va., offers bright, contemporary interiors designed by studioSIX5.
Grosvenor Americas Opens High-End DC-Area Community
The property offers 243 studio, one- and two-bedroom apartments and access to an array of luxury amenities, including a 24/7 concierge. It also provides a 15-minute commute to Washington, D.C.
New Affordable Housing Coming to San Diego
Affirmed Housing began construction of a 79-unit community in Pacific Highlands Ranch. Dubbed Luna, the property will rent to those who earn between 50 and 60 percent of the area’s median income.