Development
John Hancock Snags Property on Boston Harbor
The 224-unit high-rise was built in 2007, and is part of the ongoing redevelopment of the Navy Yard, one of the oldest shipbuilding yards in the U.S.
EPC to Develop 292 Units in TX
RED Development has sold an 11-acre parcel in Denton, to be developed into luxury apartments called The Village at Rayzor Ranch.
PAC to Invest $18M in NC Multifamily Asset
The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.
Denver’s Largest Luxury Community Opens
Designed by Solomon Cordwell Buenz, Country Club Towers II and III offer 552 units across 1 million square feet of space. The community comprises studio, one- and two-bedroom floorplans, plus penthouses.
Supportive Housing Coming to Brooklyn
Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.
Washington REIT Breaks Ground in VA
Named for its abundance of planned amenities, the Trove will be a 401-unit community in Arlington.
Palo Alto Housing Unveils Revitalized Affordable Asset
Colorado Park Apartments reopened after a $31.9 million renovation. The property is the oldest in the non-profit agency’s portfolio.
Affordable Senior Community Opens in Richmond, IL
The 25-unit community offers one- and two-bedroom apartments for $866 and $1,039, respectively, and is Energy Star Certified.
RADCO Expands GA Footprint With 38th Acquisition
The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.
Lena New Boston Breaks Ground on 41 Mixed-Income Units
The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.