Development

Hines Closes 1st Investment in Italy

The firm’s European Value Fund 2 expects to deliver 300 new units to the Milan market by 2023.

Kennedy Wilson Expands Idaho Portfolio

The company has acquired three properties and a development site in the Boise region for $143 million.

How Grubb Properties’ Essential Housing Is Filling the Gap

CEO Clay Grubb discusses strategies to reduce the housing shortfall in the middle market, and explains why Atlanta and Charlotte are among his firm’s markets of focus.

Affordable Senior Housing Property Opens in Philadelphia Suburb

The 68-unit community has already welcomed its first residents.

Crescent Communities, Pearl Street Partners Open Nashville Apartments

The 435-unit community marks the seventh development for the partnership.

Crescent Communities Expands Denver Footprint

The firm will begin construction on its second project in the metro, with completion slated for early 2023.

Parkview Financial Provides $90M Financing for Luxury Development

The 23-story building will rise in Lower Manhattan near the foot of the Brooklyn Bridge.

Suburban DC Self Storage Facility Sells for $18M

The property offers 900 climate-controlled units 12 miles from the city’s downtown.

Built Development Lands $25M Refi for San Diego Asset

JLL Capital Markets secured a floating-rate bridge loan for a 70-unit property in Little Italy.

Draper and Kramer Break Ground on St. Louis Community

The project will rise on a site where several factories once stood.