Development

JV Secures $130M Senior Loan for Minneapolis Condos

Provident Real Estate Ventures and Shamrock Properties Inc. will develop The Legacy, a 374‐unit property that will include an eight‐story podium with a 14‐story and a 17‐story tower, along with three levels of subterranean parking.

Condo

Mallory & Evans Brings Student Housing to SC, AL

The company is adding Bellamy Coastal and Bellamy Florence to its luxury student housing brand. Totaling $56 million, the two communities are scheduled for completion by fall 2018.

Student Housing

FL Mixed-Use Community Adds Multifamily Component

Edera at Coconut Point will be the only residential rental property within the 500-acre, master-planned, mixed-use development.

Market Rate

Regions

Change City

SunCap Property Breaks Ground on NC High-End Community

The four-story, 47-unit community will offer two-and three-bedroom apartments with rental rates estimated to start at $3,400 per month. The property marks SunCap’s first multifamily development in Charlotte.
Charlotte 18 September 2017 20:22
IRET Buys in Hot Twin Cities Market

The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.
Midwest 18 September 2017 17:49
Bellevue Breaks Decade-Long Hiatus with Ground Breaking

Vancouver-based Bosa Development's One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.
West 18 September 2017 16:13
Sagora Senior Living Breaks Ground on First CA Community

The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.
Sacramento 18 September 2017 14:47
Hines Completes Entitlement Phase of AZ Project

Hines completed the entitlement phase of Asteria Highlands in North Scottsdale, the company's first Arizona single-family residential project. Construction will start in 2018.
Phoenix 15 September 2017 15:20
Radnor Starts Work on Philadelphia Apartments

The Hamilton, located on the Community College of Philadelphia's campus, includes two buildings and 500 apartments. The building follows the recent housing trend for students, which features smaller units and maximized amenity spaces.
Philadelphia 15 September 2017 14:35
Greystone Closes $77M Transaction for SC Portfolio

The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exterior and interiors.
South 14 September 2017 20:26