Business Specialties
ACH Opens 125-Unit Student Housing in FL
The company serves as the manager and developer for the 434-bed community. Domain at Tallahassee serves Florida State University students.
JV Completes SC Mixed-Use Student Housing
The 706-bed community offers a mix of studios and two- to five-bedroom units averaging 1,116 square feet. Additionally, 114 Earle includes 7,000 square feet of retail space.
Capital One Refinances Illinois Nursing Facility
The $21.5 million fixed-rate HUD loan will be used to refinance Avantara Long Grove, a senior nursing facility in Long Grove, Ill.
LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas’ Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
Capstone Expands Texas Portfolio With 4 Communities
Capstone Real Estate Services was awarded management of Sansom Park, Riverwalk, Hays Junction II and St. Paul’s Square Senior. The properties total more than 450 units.
LMC Breaks Ground on Luxury Apartments in Midtown Atlanta
The 27-story apartment community known as Vireo is located at 195 N.E. 13th St. and initial move-ins are anticipated for spring 2019.
Johnston Properties Adds New Development in Phoenix
The owner of Agritopia and Barnone, two developments in Gilbert, Ariz., entered a joint venture with IPA/Liv Communities to develop its third community in the area. The project is slated to break ground this fall.
Michaelson Acquires Dallas Apartments
Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.
Green Financing and the Triple Bottom Line
Fannie Mae is shaking up the multifamily lending space with industry-leading investment in environmental sustainability, says the GSE’s EVP Jeff Hayward.
Walters Group Develops Senior Housing on Jersey Shore
Cornerstone at Seaside is expected to revivify a neglected area that has needed redevelopment for years because of the damage from Superstorm Sandy.