Business Specialties
EdR Receives Approval for MS Project
The company, along with Mississippi State University, will move forward with College View, a 1,600-bed student housing campus to be constructed in two phases.
JV Lands Acquisition Loan for West Dallas Asset
S2 Capital and Pennybacker Capital teamed up for the purchase of a 250-unit market-rate community in Arlington, Texas. Mark Brandenburg of JLL led the team responsible for arranging the acquisition loan.
JV Wraps $100M Baltimore Development
Bozzuto Group, War Horse Cities, and Solstice Partners have completed work on Anthem House, a 292-unit community in the Locust Point district.
Lease-Ups in a Down Market
A dip in the market is inevitable at some point, and those best prepared to take it on will have a distinct advantage over their competitors. Megan Mahoney of LMC gives a few key pieces to consider when planning for unknown conditions.
HOK-Designed ARTerra Tower Underway in MO
The community, developed by Altus Properties and Copaken Brooks, features design elements intended to make the building instantly recognizable in Kansas City and beyond.
On the Market: 5 Interesting Listings for the Week of 8/21
This week’s listings feature a 1938-built asset including a mix of property types situated on four parcels in California, as well as a 123-unit community in the growing Seattle submarket of Lynnwood.
HTG Opens 96-Unit Affordable FL Community
The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.
Meridian Capital Secures $23M for Illinois Community
The equity and bridge financing was obtained on behalf of Odessa Partners and used for the purchase of Stratford Trails, a community in Glendale Heights, Ill. The buyer intends to upgrade the asset.
Investor Acquires, Merges 2 FL Properties
Northland Investment Corp. has acquired Mallards Cove and Shell Trace in Jupiter, Fla. Renamed Jupiter Isle, the new property features 359 units set on a low-density, 42-acre site.
Baltimore Community Adds Cool Perk
2Hopkins is the first apartment community in the U.S. to implement the Smiota PoD smart lockers. These allow residents to use food delivery services and have round-the-clock access to their shipments by use of their smartphone.