Development
Upstate NY Affordable Senior Project Breaks Ground
Durand Senior Apartments in Irondequoit is set to provide 70 units and will include on-site health-care facilities.
IN Affordable Senior Housing Lands $7M in Tax Credits
Historic Sullivan Lofts is slated to include 40 senior housing units and will provide free social services, including physical therapy, medication delivery and off-site transportation to residents 55 and older.
LDG Secures $38M for Baton Rouge Affordable Housing
Capital One Community Finance and Louisiana Housing Corp. facilitated the financing for Meadows at Nicholson, a 204-unit development.
Greystar, Henderson Park Plan World’s Tallest Modular Towers in London
The community will include 44-story and 38-story towers with a total of 550 units. Construction of the project in the city’s Croydon neighborhood is slated to start in 2019.
Pinnacle Completes Miami Mixed-Income Community
The company delivered Pinnacle Heights, a 109-unit community largely designated for residents earning 60 percent or less of the area’s median income. The $35 million property also includes a few market-rate apartments.
Luxury Community to Grace Jersey City
The 377-unit Soho Lofts brings a blend of urban details, industrial finishes and high-end lifestyle amenities to the city’s up-and-coming SoHo West neighborhood.
HFF Secures JV Equity for 255-Unit CO Project
Senior Director Mark Erland, Managing Director Josh Simon, along with Directors Matthew Benson and Leon McBroom, worked on behalf of the developer, Price Development Group.
Top 10 St. Louis Apartment Owners
Several local investors have emerged as the city’s top community buyers, due to the city’s emerging startup scene and business-friendly environment.
Affordable Community to Replace Former MA Mill
MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.
American, British Firms Partner to Develop Student Housing
Harrison Street Real Estate Capital and Crossland Property Group will develop four projects totaling 1,267 beds in regional U.K. university cities.