Cities
LA Mayor Urged to Pledge 20,000 Affordable Units by 2019
According to the Coalition to Preserve L.A., new luxury communities are driving up the price of land.
Urban Asset Advisors Secures Financing for Couch 9 Project in Portland
HFF has secured a $41.6 million construction loan for Couch 9, a 136-unit Class A multifamily community in Portland’s Pearl District.
PCCP Provides $20M Senior Loan for Houston Multifamily Project
PCCP provided a $20 million loan for acquisition and lease-up of Haven at Westgreen.
Carroll Organization Ends 2015 with Orlando Sale
Carroll Organization closed out 2015 with the sale of ARIUM Barber Park in Orlando, Fla., its first property in the Orlando market.
Property Tour: Century West Partners K2LA
Floorplans and amenity spaces at this Koreatown apartment community are designed with residents in mind.
Vista Lago at the Hammocks Condominium Trades
Miami-based CREC finalized the sale of more than half of the units at Vista Lago at the Hammocks Condominium.
Crescent Communities Plans Mixed-Use Development in Charlotte
Crescent’s Stonewall Station TOD mixed-use project will feature 459 luxury apartments and a 47,000-square-foot Whole Foods Market.
Carter’s Proposed High-Rise Receives Construction Loan
PCCP announced it has provided construction financing to Carter for the development of a 23-story residential tower in downtown Tampa.
Bidding Starts for Vacant Cabrini-Green Site in Chicago
Windy City officials have put out an RFP for the redevelopment of the derelict Cabrini-Green site in Chicago’s Near North Side.
Acquisition Appetite Grows in Austin
JLL closed the sale of two Austin multifamily properties, Wildwood and Club Creek , on behalf of Lynd Co., and secured $27.8 million in acquisition financing.