Business Specialties

Luxury Multifamily Project Wraps Up Near Milwaukee

McShane Construction Co. built The West Living, a 177-unit upscale community in West Allis, Wis.

NIC’s 2020 Fall Conference Highlights

The event’s three days covered a broad range of topics, from the pandemic’s impact on design to the forgotten middle market.

Kushner Acquires Richmond-Area Portfolio in $113M Deal

The three-asset portfolio last changed ownership in 2016 for $68.5 million.

Electra Capital Provides $92M Loan for Florida Luxury Community

The financing will enable Elevate Partners to lease up its newly built multifamily tower in Fort Lauderdale.

Coral Rock Scores $54M Loan for Miami-Area Project

The construction financing will help bring 260 residential units to Pura Vida Hialeah, a nine-acre mixed-use development.

Hines Launches Multifamily Management Firm

Willowick Residential will oversee the developer’s growing portfolio of apartment projects, starting with nine communities in Texas and Chicago.

BLDG Management Lands $289M Loan for Manhattan Tower

The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.

HPI Residential Opens New Austin Community

In 2018, the company received a $25.1 million development loan from Texas Capital Bank for the project.

Charles Street Investment Partners Scores $33M Construction Loan

The borrower secured the loan to build a 161-unit apartment community in Pittsburgh, Pa.

Blackstone Pays $63M for Upscale Charlotte Community

The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.