Cities
PCS Development Completes AZ Community
The Premiere at Dana Park in Mesa includes 198 units and a Crossfit studio, a putting green and self-service mail kiosks.
TX Student Housing Receives $28M Construction Loan
The 66-unit development is scheduled for completion by the 2019-2020 academic year and will serve students at the University of Texas at Austin.
MWest Holdings Expands SoCal Footprint
The company has added to its portfolio Sunset Gardens, a value-add townhome community located in Canoga Park, Calif. The property will be rebranded as NoVa Townhomes.
Multifamily REITs to Flourish in Major Metros: Morningstar
According to the company’s latest report, market conditions in the New York City, Boston, Los Angeles, San Francisco and Washington, D.C., metros could have a significant impact on four of the largest REITs over the next two years.
Campus First Buys FL Student Housing Asset
Campus Club North and South, two communities totaling 612 beds and serving the students of University of South Florida, will receive new fitness equipment, study areas, a dog park and other exterior improvements.
Bronx Low-Income Housing for LGBT Seniors Underway
BFC Partners, HELP USA and SAGE announced the groundbreaking of the $41.4 million Crotona Senior Residences, which will include 84 units.
Facade Work Completed on Historic NYC Building
54 Bond Street is a 1870s, corner cast-iron building in the French Second Empire style, and is located in the Bowery neighborhood.
Manufactured Property Receives $16M Refi in Kansas City
Lakeview Terrace, a recently renovated community comprising affordable mobile homes, has received $16 million in refinancing through Freddie Mac.
Brooklyn Receives Royal Treatment
The area’s rents stopped their slide this spring, following a lengthy spell when affordability issues and insufficient Renter-by-Necessity stock had driven residents away from the borough.
Rittenhouse Realty Advisors Arranges Sale of Student Housing in Philadelphia
Located at 516 S. 42nd St., the community comprises 25 units and 74 bedrooms. Amenities include hardwood flooring and on-site laundry facilities.