Development
Senior/Multifamily Luxury Community Approved in Dayton
The development will provide 242 senior living and 276 multifamily units. The Grand of Sugarcreek, the retirement component, is scheduled to break ground in the third quarter of 2018.
Timberland Breaks Ground on MN Asset
The 222-unit Elevate at SouthWest Station Apartments, located in the Twin Cities suburbs, is scheduled for completion by August 2019.
$300M Tower Coming to Miami
Okan Group will begin construction on Okan Tower this fall. The mixed-use project marks the Turkish developer’s first project in the U.S.
Progress Capital Lands $26M for Mixed-Use Jersey City Project
The development, which is being built on the site of the former Fairmount Hospital, will feature 99 luxury apartments and 2,240 square feet of ground floor retail.
RADCO, Columbia Ventures Kick Off GA Development
The $30 million Foundry in Augusta will include 221 units and will open in the summer of 2019.
Denver Affordable Housing Secures $50M
Koelbel and Co., Mile High Development and Longs Peak Advisors will develop Eaton Street Apartments, a 118-unit community in Westminster, Colo.
ERC Cos. Breaks Ground on MO Luxury Apartments
PURE St. Peters Apartments is a 143-unit, pet-friendly community that includes onsite management through 2B Residential.
Colliers Arranges $26M Miami Land Sale
Executive Vice Presidents Gerard Yetming and Mika Mattingly represented the seller, RAD Miami, in the disposition of the roughly 6-acre vacant parcel.
82-Unit Redevelopment Property Debuts in NJ
The Hampshire Cos., Claremont Cos., NAI James E. Hanson and Provident Bank began work on an 119,000-square-foot building in Hackensack. The asset is part of the city’s rehabilitation plan.
Element Properties Opens Denver-Area Affordable Housing Community
SPARKwest is the first phase of SPARK development, an 11-acre mixed-use project within Boulder Junction. The climate-friendly community includes a mix of two- and three-bedroom units.