Development
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.
Foster + Partners Completes First Lebanon Project
3Beirut encompasses 1 million square feet of residential and retail space. The development is part of the master-plan for the regeneration of central Beirut.
Walker & Dunlop Arranges $15M Loan for Manseau Flats
The Green Bay area multifamily project is slated for completion in October 2018 and will be built using environmentally friendly techniques.
Investor Demand for South Florida Multifamily Brisk Again in ’17
This year there have been 198 multifamily sales in the area valued at a total of nearly $3.6 billion, according to a report by Cushman & Wakefield.
High-Profile Construction Blazes Spark Safety Debate
Not only is the prevention and management of fires a top industry priority, but the scope of these incidents has drawn the attention of code officials, fire safety advocates and the media alike.