Cities

Freedom Village. Image courtesy of Preservation Equity Fund Advisors

PEF Advisors Buys Chicago-Area Affordable Senior Housing

Carefree Development sold the 198-unit property.

CPC, Proto Close $100M Brooklyn Refi

Rockport Mortgage Corp. provided the HUD loan, which backed upgrades to Riverdale Osborne Towers.

Vero Sade Opens Luxury Community in Houston

The “club living concept” behind the renovated property emphasizes amenities and events.

Phoenix-Area Value-Add Property Commands $42M

The property is 2 miles from Old Town Scottsdale.

Rendering of The Marshall St. Louis, courtesy of Aptitude Development

Aptitude Development to Break Ground on St. Louis Project

Construction is slated to start this spring.

Extra Space Storage Buys 709-Unit Austin Asset

JLL marketed the 2019-completed self storage property.

East Bay Senior Affordable Project Lands $21M

This community will be part of a master-planned project on the site of a former Navy air station.

Rise48 Equity Pays $27M for Phoenix-Area Asset

Acquisition financing was provided by Bridge Investment Group.

USG Develops Tacoma Opportunity Zone Property

The property is part of the firm’s investor-directed, multi-asset fund offering.

Alliant Breaks Ground on 4 Workforce Housing Projects in LA

Construction is expected to wrap by the first quarter of 2025.