Development
KTGY-Designed, Mid-Century-Styled CA Property Breaks Ground
Summerhill Apartment Communities’ The Theo, located in Pasadena, addresses its historic surroundings: a 120-year-old cedar tree and the Theodore Parker Lukens House, a 130-year-old Victorian structure.
ZOM Living Breaks Ground on Dallas Luxury Community
Scheduled for completion in 2019, The Kinstead will be a 376-unit community in McKinney, Texas. ZRS Management will be in charge of leasing and management of the upcoming multifamily property.
Historic Lafayette Park’s First Luxury Community in 40 Years
DuCharme Place is a $45 million multifamily project inspired by architect Mies’ design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.
TWO Capital Breaks Ground on Charlotte Suburb Community
Capital Club will be a 312-unit community in Indian Land, S.C. Patterson arranged a preferred equity investment from RSE Capital Partners as well as a construction loan from Texas Capital Bank and HomeTrust Bank.
Greystar Develops Fort Worth Asset
Elan at River District, a community in the city’s River District, includes 325 units and 16 townhomes.
KTGY Designs LA Container-Based Homeless Housing
Aedis Real Estate Group’s Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.
Dougherty Mortgage Closes $32M Loan for MN Community
The financing will be used to build Union Flats, a 217-unit affordable housing property in St. Paul. The community will be built on a site currently occupied by the Hunt Electric Corp. building.
125 Greenwich Hits the Market
Rafael Viñoly and March & White are delivering the design plans for Bizzi & Partners Development’s upcoming 88-story luxury condominium skyscraper in Manhattan.
EdR Opens Texas Student Housing
The 490-bed student housing community is situated in the eastern edge of the Dallas-Fort Worth Metroplex. The approximately 137,000-square-foot project will be home to the first-year college students.
Melo Group Tops Off Miami Community
Square Station includes 710 units and 15,000 square feet of commercial space for ground-floor retail and restaurant tenants.