Cities
Berkadia Closes $10M Financing for 223-Unit Knoxville Community
The acquisition and complete renovation of The Element at Cedar Bluff was facilitated by a $10.1 million loan from Berkadia.
Wood Partners Ready to Lease Out Fifth Phoenix Community
One of Wood Partners’ latest residential communities is now ready for move-ins.
Northern Arizona Student Housing Community to Open in 2017
American Campus Communities and Northern Arizona University have partnered to build SkyView, a nearly 300,000-square-foot student housing project.
Greystone Development Acquires Sag Harbor Property
The waterfront property will be included in the planned 11 residences designed by renowned architect Robert A.M. Stern.
Dominion Realty Partners Enters the Charlottesville Market
DRP’s newest development, Fifth Street Place, will be the newest apartment community in Charlottesville, Va., marking the company’s first project in the market.
Manhattan Residential Sales Fewer in Number, But Higher in Price
The average price of a condo in New York City was $3.2 million in March, and the average price of a co-op was $1.3 million.
Moinian Group Builds up Manhattan’s Far West Side
The Moinian Group continues its long-term investment in Manhattan’s Hell’s Kitchen with a 165-unit residential project at 572 11th Ave. and a Class A office tower in the Hudson Yards district.
Dougherty Mortgage Closes $9.5M HUD Loan for The Timbers
Dougherty Mortgage has closed a $9.5 million HUD 223(f) PILOT Program loan for the acquisition of a 104-unit multifamily community in Austin.
Last Year’s Largest Apartment Communities Completed in Denver
Developers in Denver added just shy of 3,000 new units to the rental landscape with the construction of 17 new properties over the past year.
Waterton Buys Atlanta Apartment Building for $58M
Waterton plans a capital improvement program to enhance both the residential units and the common areas.