Development
CIM Group Breaks Ground on Final Phase of LA Mixed-Use
Upon completion, the project will offer a total of 338 units—32 of which will be designated as affordable—and 58,300 square feet of retail space.
Ability Housing Begins Work on 80-Unit Affordable FL Property
Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.
North FL Affordable Housing Portfolio Changes Hands for $51M
The portfolio includes four communities totaling 768 units across three of Jacksonville’s submarkets. The new owner, Millenia Housing Management, plans to invest $40 million in capital improvements.
In Case You Missed It: MHN’s Top 5 Posts in October
Miss any of our articles? Catch up with five of our most popular posts for the month.
CAG Acquires South Fla. Site for Luxury Multifamily Project
The firm plans to break ground on the 256-unit luxury community South Daytona Beach, Fla., in March 2019 and have it ready for occupancy in 2020.
Meet the Winners: MHN’s 2018 Excellence Awards
Developers, dealmakers, designers and others who make a difference by uniting cutting-edge tools with time-honored principles of success.
Capstone Development Opens $350M Student Housing Assets
The properties include The Village Phase 2, The University of Massachusetts Boston Residence Hall and Dining Center, Vi Hilbert Hall, Montage on College and Calaveras Hall.
J Street Begins Work on 9-Unit DC Condo Project
John Marshall Bank provided construction financing for The Pacifica, a luxury community to be built at the confluence of Dupont Circle and West End neighborhoods.
Berkadia Facilitates $49M Financing for Chicago Redevelopment Project
The company arranged a non-recourse renovation loan with Granite Point Mortgage Trust on behalf of developer CEDARst Cos.
SC Affordable Housing Portfolio Gets $77M Upgrade
Greystone Affordable Development, Boyd Management Inc. and portfolio owner WWJ, LLC worked together with public and private partners to secure the tax-exempt bond transaction for the complete rehabilitation of 18 multifamily properties across the state.