Development
Summit Breaks Ground on 2 Florida Communities
The projects in Jacksonville and Tampa have the same expected completion of early 2022.
Massachusetts Workforce Development Lands Financing
MassHousing provided part of the funds for the 12-unit project underway on the former Northampton State Hospital site.
Washington Property Breaks Ground on Maryland Tower
The 26-story asset in an Opportunity Zone will bring 403 apartment units to the Washington, D.C., area.
New Jersey Affordable Housing Project Advances With Phase 2
Developer The Michaels Organization expects to deliver the last 60 apartments of the 136-unit community in early summer of 2021.
EJF Capital, Chance Partners Acquire North Florida OZ Project
The partnership purchased the 284-unit multifamily development in Jacksonville from a Carlyle Group joint venture.
Jamboree Starts Construction on Orange County Project
The 102-unit affordable community in Anaheim is part of the city’s Neighborhood Improvement Program designed for Haster Orangewood.
Portland’s Block 40 Secures Construction Loan
JLL Capital Markets provided financing for the development of Block 40 in the South Waterfront district.
Luxury Pennsylvania Community Starts Final Construction
The River’s Edge of Oakmont, located in a Pittsburgh suburb, has a mix of single-family and multifamily residences.
CEDARst Acquires 2 Historic Buildings in Minneapolis
Through an adaptive reuse project, the company plans to convert the warehouses into a 345-unit community.
Breaking Ground to Begin 508-Unit Brooklyn Project
The nonprofit received approval for its plan to transform a former hotel into affordable and supportive housing in the DUMBO neighborhood.