Development
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.
Nonprofit Awarded Grant to Build Low-Income Housing in MS
The $750,000 Affordable Housing Program grant from The First, A National Banking Association and the Federal Home Loan Bank of Dallas will be used to develop a 124-unit community.
Luxury NC Community Welcomes First Residents
Wood Partners opened a 261-unit multifamily property in the vibrant Optimist Park neighborhood of Charlotte.
Vacant NY Building to Become Affordable Housing Property
The nine-apartment project is part of PUSH Buffalo’s revitalization plan to spur development across a 30-block area on the city’s West Side.