Development
City Club Apartments Breaks Ground in KC
The development is located in the city’s Crossroads neighborhood and is set to include 283 units, as well as retail and dining space.
Jacksonville-Area Communities to Receive $58M in Construction Financing
Walker & Dunlop facilitated loans for the 348-unit Beachwalk Apartments and the 285-unit Atlantica Isles, both located in St. John’s upcoming Beachwalk master-planned community.
KeyBank Originates $31M for Affordable Seattle Properties
Both properties are located in the Atlantic neighborhood of Seattle and will provide a total of 126 affordable housing units.
Coral Gables Luxury Condo Opens Its Doors
The 33-unit Giralda Place Residences is part of a mixed-use development combining residences, ground-floor retail and office space in downtown Coral Gables.
Bascom Group Buys Upscale Asset in Booming Frisco
JPI developed and sold Jefferson Stonebriar, a 424-unit community in the Dallas suburb. Frisco’s economic prosperity and rapidly growing population attracted the new owner.
Metro Omaha Development Lands HUD Financing
Graham Development’s 544-unit project in Papillion, Neb., is part of a planned community featuring a minor-league ballpark and a future 60-acre entertainment district. MidHudson LLC secured the federal funding.
Majestic Realty Enters Multifamily Market
The longtime developer’s first residential project is a 17-building, garden-style community in Southern California’s Inland Empire. Completion is scheduled for late 2019.
Watt, Presidio Break Ground in LA’s San Fernando Valley
Dubbed New Heights, the gated community in West Hills will comprise 43 homes. Vertical construction of the $25 million project is slated to begin in December 2018.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.