Development
$320M San Francisco Project Gets Capital Infusion
Stockbridge Capital Group is reportedly investing $130 million of equity into 1629 Market St., a fully entitled, 420-unit development that will offer a mix of affordable and market-rate.
Origin Investments, Sherman Associates Break Ground on Metro Denver Project
Aspire of Westminster is part of the 105-acre Downtown Westminster master-planned development on the former site of a regional shopping mall.
Finding Value in Houston’s Multifamily Market
Sanmore Investments’ owner, Boris Sanchez, touches on multifamily investment and value-add opportunities in an often-overlooked part of the Texas metro.
Wood Partners Breaks Ground on Suburban Dallas Community
The 288-unit Alta 289 in Plano is slated for completion in late fall with preleasing beginning in the summer.
Top Multifamily Completions in Orlando
The metro added more than 7,600 units to its inventory during the 12 months ending in March, with mixed-use communities with retail components leading the way, according to Yardi Matrix.
Brooklyn’s Tallest Building Tops Out
Extell Development Co.’s Brooklyn Point stands 720 feet tall. The luxury property will include 458 condos as well as the highest rooftop infinity pool in the Western Hemisphere.
Western National, Banner Oak Capital Launch Multifamily JV
The new partners plan to invest in multifamily projects throughout California’s major markets through acquisition and ground-up development projects.
Detroit Adds 54 Units for Low-Income Seniors
The development is part of Bedrock’s agreement with the City of Detroit to build and preserve 700 affordable housing units over the next several years.
$79M Mixed-Use Project Coming to Suburban Denver
A joint venture of Northstar Commercial Partners, Milender White and Canyon Partners Real Estate will break ground this month on a 216-unit community in Aurora, Colo. The development will also include 36,000 square feet of retail.