Development
Pennrose Opens New Jersey Affordable Senior Community
Previously a public housing site, the property went through a $20 million redevelopment.
Ability Housing to Build 92-Unit Affordable Project in South Jacksonville
Villages of New Augustine will be the developer’s first multifamily community in St. Johns County.
Bank OZK Provides $130M Loan for South Tampa Project
Belpointe OZ will use the financing to build a 424-unit community in downtown Sarasota, Fla.
Fore Property Gets $68M Loan to Build Orlando Asset
PCCP provided the financing for the 309-unit community to be developed in Kissimmee, Fla.
Apartmentalize: Urbanites Are Changing Suburbia—and Upending Multifamily
Access to public transportation and walkability are top priorities for many recent escapees to the suburbs.
Former Children’s Home in Massachusetts to Become Affordable Housing
Cruz Development Corp. plans to convert the New Bedford building into 28 mixed-income units.
Sovereign Properties JV Lands $77M for Florida Luxury Project
Broadshore Capital Partners originated the three-year loan.
32-Story San Antonio Tower Tops Out
The project is subject to a $91 million construction loan.
Renters By Choice Lead Urban Return
Changing preferences for senior renters were discussed at the National Association of Real Estate Editors.
Harbor Group Lands $440M for Nationwide Refis
Multiple lenders provided financing for communities in such areas as Indianapolis, Texas and the Southeast.