Development
27-Story Atlanta Tower Tops Out
Gilbane Building Co. has reached the final phase of construction on 1000 Park Avenue, a 267-unit project. It is scheduled to open in May 2018.
MGPG Buys 456-Unit San Diego-Area Community
Waterleaf is a low-density garden-style property featuring one- and two-bedroom apartment units. CBRE secured a $76 million Fannie Mae acquisition loan.
Woodmont Breaks Ground on Luxury NJ Community
Woodmont Bay Club Bayonne will comprise 220 units spanning four acres. Construction is slated for completion in the spring of 2019.
Vitus Revamps Miami Affordable Housing
After purchasing Hadley Gardens earlier this year, Vitus recently completed the $5.4 million renovation of the five-story building.
Brooklyn Development Lands $15M
The bridge loan will finance a three-building development of residential units over street-level retail in an accessible part of the city’s Bedford-Stuyvesant neighborhood.
CO Mixed-Use Lands $66M
Natixis provided a $50 million construction loan and arranged a $16.2 million preferred equity position for Westminster Town Square, a 255-unit, Class A multifamily project in Westminster, Colo.
923-Unit Community to Be Developed in LA
Newman Garrison + Partners along with Lincoln Property Co. have developed plans to construct Elysian Park Lofts, a TOD development in Los Angeles.
The Altman Cos. Opens New Altís-Branded Community
The South Florida luxury apartment community features an energy-efficient design and amenities including a spa, salt water pool and 24-hour fitness center.
Senior Living Community Opens in MO
The 104-unit Castlewood Senior Living is the first community of its kind in Christian County, Mo., providing independent and assisted living alternatives.
Mill Creek Starts Preleasing at The Griffith
The 220-unit apartment community in Glendale is within 20 minutes of downtown Los Angeles. The area hosts employers such as Disney’s Grand Central Creative Campus and DreamWorks Animation.