Business Specialties
Spectrum Breaks Ground on Charleston Development
The project is being built within the Cainhoy Plantation, a 9,000-acre, grocery-anchored, master-planned development. Leasing is expected to begin next spring, and the development is slotted for completion by fall 2018.
Equus Capital Partners Snags 500-Unit Atlanta Property
The company acquired Viera Briarcliff, a 500-unit garden-style apartment community in the coveted Druid Hills neighborhood on the east side of the city.
Extra Credit: Investing in Student Housing
The number of people enrolled in higher-education programs—20.5 million at the start of the current school year—explains much about investor interest in the student housing niche. Find out who’s buying and who’s lending now.
Related Group Opens Brickell Heights Highrise in Miami
The 690-unit Brickell Heights condo building, which is 100 percent sold out, includes a commissioned mural by Argentine artist Fabian Burgos.
Atlanta Communities Score $24M Financing
The Marquis Brookhaven Portfolio consists of two multifamily communities totaling 344 units. The borrower will be using the loan to refinance one property and purchase the other.
NEI Begins Construction on Newest TOD in MA
The six-story development will be adjacent to the Beverly Depot commuter train station. The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures.
Maplewood Senior Living Breaks Ground on $270M NYC Community
The 215-unit development featuring assisted living, enhanced care and memory care introduces the company’s Inspir brand, which was created to deliver a new option for older adults seeking senior residences.
Strategic Properties Buys Condos, Plans Deconversion
The company purchased the 207-unit Bel Harbour building in Chicago for $51.5 million, the largest bulk sale in the city to date.
Single-Family Rentals Enter a New Phase
The single-family rental market is on the rise, and lenders getting ready to jump in, according to a panel of investors and other sector experts at the NAREE Real Estate Journalism conference.