Development

PAH Breaks Ground on $33M Silicon Valley Affordable Housing

Eagle Park Apartments will be a 67-unit community which will house low-income veterans and households earning up to 60 percent of the Santa Clara County area median income.

Luxury Condos Coming to Perdido Key, FL

Developers Meridian Realty Advisors and Premier Development Group’s community, which is built on a private beach, is scheduled to open in the summer of 2019 and is already 40 percent sold.

Middle Earth Gets Precious $98M Expansion

Named for “The Lord of the Rings,” the student housing project at UC Irvine will comprise construction of two brand-new towers and the renovation of a dining hall.

Downtown DC Project Lands $170M in Financing

Portals Residential Phase V Building will feature 373 rental apartments, a sky terrace, an infinity pool, state-of-the-art fitness facility, as well as a rooftop walkway around the building.

South Side Chicago Affordable Housing Completed

Brinshore Development’s Park Place includes 78 units within West Elsdon’s Back of the Yards neighborhood. McShane Construction worked as the contractor and provided all site work.

JVM Realty Renovates 4 Suburban Cleveland Communities

Makeovers are underway at the 366-unit Royal Oaks Apartments in North Royalton, the 300-unit Dover Farms in North Royalton, the 261-unit Butternut Ridge in North Olmsted and the 258-unit Hidden Lake Apartments in Stow.

BRIDGE Housing Breaks Ground on $1B Revitalization

The firm and Los Angeles’ Housing Authority started work on a community that will transform the Jordan Downs housing project in Los Angeles. Phase I will add 115 affordable units.

Post South Lamar Phase II Finalized, Begins Leasing

The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

Sares Regis Breaks Ground on Downtown Long Beach Communities

The three communities totaling 348 units were designed by Studio One Eleven and are adjacent to retail amenities. The properties are slated for completion in 2019.

MCA Arranges $6M Loan for Denver Community

The project is an integral part of Belle Creek community, which consists of single family housing, apartments, townhomes and a community center. MCA worked on behalf of an entity sponsored by Chartered Development Corp.