Development
Sagora Senior Living Breaks Ground on First CA Community
The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.
Hines Completes Entitlement Phase of AZ Project
Hines completed the entitlement phase of Asteria Highlands in North Scottsdale, the company’s first Arizona single-family residential project. Construction will start in 2018.
Radnor Starts Work on Philadelphia Apartments
The Hamilton, located on the Community College of Philadelphia’s campus, includes two buildings and 500 apartments. The building follows the recent housing trend for students, which features smaller units and maximized amenity spaces.
Greystone Closes $77M Transaction for SC Portfolio
The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exteriors and interiors.
Trammell Crow Breaks Ground on Garden-Style MA Apartments
Alexan Billerica, a three-building, 178-unit community in Billerica, Mass., is expected to be completed in December of 2018.
ACH Opens 125-Unit Student Housing in FL
The company serves as the manager and developer for the 434-bed community. Domain at Tallahassee serves Florida State University students.
JV Completes SC Mixed-Use Student Housing
The 706-bed community offers a mix of studios and two- to five-bedroom units averaging 1,116 square feet. Additionally, 114 Earle includes 7,000 square feet of retail space.
LMC to Open 322-Unit Dallas Community
The first phase of The Briscoe, a community located in Dallas’ Park Central District, will open its doors at the beginning of next month. The company has already started pre-leasing for the asset.
LMC Breaks Ground on Luxury Apartments in Midtown Atlanta
The 27-story apartment community known as Vireo is located at 195 N.E. 13th St. and initial move-ins are anticipated for spring 2019.
Johnston Properties Adds New Development in Phoenix
The owner of Agritopia and Barnone, two developments in Gilbert, Ariz., entered a joint venture with IPA/Liv Communities to develop its third community in the area. The project is slated to break ground this fall.