Cities
Copeland Lands $33M for TX Asset
The loan will be used to finance the ground-up development of Grand on Beach Apartments, a 302-unit community located northeast of Fort Worth.
Albuquerque Struggles on Recovery Path
Despite a slowdown in 2017, the metro’s multifamily market performance is in line with its historical averages. Core submarkets are leading growth, while the suburbs gradually recover from the most recent downturn.
13th Floor, Adler Group Top Off Miami Development
The joint venture’s Motion at Dadeland has 294 units and 8,000 square feet of ground-floor retail space. Amenities will include poolside cabanas, communal sun loungers, party lounge and a coworking center.
Exploring Precast Concrete’s Potential
For 28 Grand in Detroit, approximately 90 percent of the project was constructed using the product, which that enabled developer Bedrock to meet an aggressive construction time frame while incorporating the necessary façade aesthetic. Would this work for your project?
Townsend Group Secures 2 in Atlanta Suburb
The company acquired ARIUM Kennesaw and ARIUM Kennesaw Villas, totaling 524 units. Carroll Organization purchased the properties in 2015 as part of Carroll Multifamily Real Estate Fund III LP.
Riding the Tech Wave in Phoenix
Multifamily development is not slowing down across the metro, as population growth and a thriving job market continue to fuel apartment demand.
JV Buys 432-Bed TX Community
Campus First Student Living and CF Real Estate Services are planning major renovations at the 120-unit student housing community, including upgrading the fitness center equipment and adding private study areas, an outdoor kitchen and other landscaping improvements.
Southern Land Updates $300M Philly Plan
Slated to be the city’s tallest residential only building, The Laurel will feature 54 condos, and long- and short-term units with separate lobbies and entrances.
Ft. Lauderdale Class A Asset Trades for $53M
Urban Street Development and Fazio Properties recently completed 191-unit luxury community, which is in the city’s urban core. The property was 95 percent leased at the time of the sale.
JV Lands Equity, Construction Financing for Brooklyn Development
Lonicera Partners and Orange Management secured the $42.1 million, which was facilitated through JLL’s capital markets group, for a mixed-use luxury condo building.