Development
Nonprofit Breaks Ground on Affordable LA Project
Clifford Beers Housing’s Vistas del Puerto Apartments in Long Beach encompasses 47 apartments for formerly homeless individuals and families as well as residents with chronic health conditions.
Baldwin & Sons Debuts San Diego-Area Community
Alay at Otay Ranch Town Center is situated roughly 20 miles from the city’s downtown, providing proximity to major employers and various entertainment attractions.
New Condo Project Breaks Ground in South Austin
The upcoming development aims to accommodate the “missing middle” segment in Austin, with the price of the units ranging between $200,000 and $400,000.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
Falcon Pacific Builders Tops Out Queens Project
Developed by the Saab Family LP, the 50-unit mixed-use building in the Astoria neighborhood is on track to be completed by November.
Multifamily’s Wellness Transformation
Nowadays, prospective residents are better educated on the benefits of health and wellness and are looking to live in communities that offer more than the traditional definitions.
Making Affordable Housing Make Sense
Securing financing in order to increase—as well as maintain—the supply of rent-sensitive units is challenging. Developers and lenders are launching new initiatives and revisiting existing ones to tackle a problem demanding many solutions.
1st Phase of Affordable NJ Project Opens
The Jersey City Housing Authority and The Michael’s Org. unveiled the first 21 units of Mill Creek Gardens. When complete, the property will encompass 126 apartments.
JV Secures Construction Loan for Charlotte Development
A Walker & Dunlop team arranged the financing for Mosby University City, a 309-unit community developed by Middleburg and The Mattoni Group.
Phoenix Senior Living Community Begins $260M Redevelopment
The Weitz Co. has started construction of 34 patio homes at Beatitudes Campus as the first phase of a comprehensive eight-year expansion plan.