Cities
WinnCompanies Lands $11M Loan for Boston Redevelopments
The Clippership projects involve the demolition of four buildings and the construction of two new ones that are set to include 22 affordable apartments and 30 mixed-income condos.
Rastegar Property Acquires 2 Austin Communities
The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.
Pacific Oak Capital Funds $33M Portland-Area Project
The investment manager is backing a 172-unit community with 10,000 square feet of retail space in the city of Wood Village, Ore. Completion is expected in summer 2021.
JV Starts Work on Texas Student Housing Expansion
Balfour Beatty Campus Solutions, Wynne/Jackson and Star America are developing the $38 million project, which will add an additional 370 beds to serve the University of Texas at Dallas.
Wood Partners Starts Upscale Project in Suburban Portland
The company’s fourth community in the Portland area, Alta Civic Station in Gresham, Ore., will offer 318 units and is slated to open in the spring of 2021.
Phoenix Multifamily Report – Summer 2019
The metro’s strong demand for multifamily housing, fueled by rapid demographic and economic growth, is projected to keep up with the development pipeline.
Top 5 Multifamily Transactions in Seattle
The number of multifamily units sold in Seattle during the year’s first six months was up 29 percent year-over-year, with the total sales volume reaching $1.9 billion.
5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
Aegis Living Opens Seattle Senior Housing Asset
Construction on the 89-unit, Ankrom Moisan-designed community began in late 2017. The owner plans to complete an additional five developments by 2022.
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.