Cities
Majestic Realty Enters Multifamily Market
The longtime developer’s first residential project is a 17-building, garden-style community in Southern California’s Inland Empire. Completion is scheduled for late 2019.
Watt, Presidio Break Ground in LA’s San Fernando Valley
Dubbed New Heights, the gated community in West Hills will comprise 43 homes. Vertical construction of the $25 million project is slated to begin in December 2018.
The Organic Development of Co-Living Communities
Common’s co-living spaces have been successfully operating for three years. Founder & CEO Brad Hargreaves discusses the lessons learned along the way, as well as the company’s future plans.
Bronx Apartment Portfolio Commands $53M
Completed in the 1920s and 1930s, the three communities acquired by Lightstone Group total 233 units.
On the Market: 5 Interesting Listings for the Week of 9/7
This week’s list includes one of the few lakefront properties available in Chicago; a high-end asset in Santa Barbara, Calif.; and more.
Greysteel Brokers Sale of Dallas-Area Property
The 154-unit community located in Irving, Texas, traded to a 1031 exchange buyer. The brokerage team worked on behalf of the seller in the deal.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
HFF Completes $18M Sale of Metro Seattle Community
Watt Cos. acquired The James, a 144-unit community in Lakewood, Wash. The garden-style property offers a mix of studio, one-, two- and three-bedroom units across 14 buildings.
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.
Hunt Midwest Brings Retail Tenants to KS Community
The Vue is a mixed-use luxury property in downtown Overland Park featuring almost 9,000 square feet of retail space.